20200904

PUP Day 45

 Reading through the discussion about the modern day Brahmin Left and the Merchant Right. It is a model that makes a lot of sense in the Indian and Kerala context also. Piketty anticipates a fusion between these as the educated becomes wealthier, but then he also foresees the chance that many educated might opt for lower income government jobs than private wealth creation. Either way, the lower sections will soon realise that democracy is not going to do much to alleviate the inequality. Thus revolution or authoritarian transformation looks quite possible. Piketty's suggestion is participatory socialism or social federalism to avoid such a tumult. 

People have always coexisted in hierarchy. More than inequality, it is unfairness that creates disturbance and leads to revolt. It is when the undeserving appear to be looting the society, that the fabric breaks apart. And it is difficult to maintain the semblance of fairness for long through ideology or political shams. 

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