<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><span style="font-family: TimesNewRomanPSMT;" class="">Last Wednesday’s meeting of the AWARE group reading “Capital in the Twenty-First Century” considered the rather difficult </span><font face="TimesNewRomanPSMT" class="">chapter 6, "The Capital-Labor Split in the Twenty-First Century” - aided by David Green’s notes, which are being circulated separately. (One can’t say “under separate cover” any more?) </font><div class=""><div class="" style="font-family: TimesNewRomanPSMT;"><br class=""></div><div class=""><font face="TimesNewRomanPSMT" class="">The next meeting will begin the consideration of "Part Three: The Structure of Inequality.” We’ll talk about chapter </font><span style="font-family: TimesNewRomanPSMT;" class="">7, "Inequality and Concentration: Preliminary Bearings.</span><font face="TimesNewRomanPSMT" class="">” On-line access to the book: <<a href="http://resistir.info/livros/piketty_capital_in_the_21_century_2014.pdf" class="">http://resistir.info/livros/piketty_capital_in_the_21_century_2014.pdf</a>>.</font></div><div class=""><font face="TimesNewRomanPSMT" class=""><br class=""></font></div><div class=""><font face="TimesNewRomanPSMT" class="">The chapters are outlined at the end of the book. The outline of chapter 7 is as follows:</font></div><div class=""><span style="font-family: TimesNewRomanPSMT;" class=""><br class=""></span></div><div class=""><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">Vautrin’s Lesson <i class="">(a literary reference-CGE)</i></div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">The Key Question: Work or Inheritance? </div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">Inequalities with Respect to Labor and Capital </div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">Capital: Always More Unequally Distributed Than Labor</div><div style="margin: 0px; font-size: 12px; font-family: Helvetica; min-height: 14px;" class="">Inequalities and Concentration: Some Orders of Magnitude </div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">Lower, Middle, and Upper Classes </div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">Class Struggle or Centile Struggle?<i class=""> (We’re looking at you, D. Johnson)</i></div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">Inequalities with Respect to Labor: Moderate Inequality? </div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">Inequalities with Respect to Capital: Extreme Inequality </div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">A Major Innovation: The Patrimonial Middle Class </div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">Inequality of Total Income: Two Worlds </div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">Problems of Synthetic Indices </div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">The Chaste Veil of Official Publications </div><div style="margin: 0px; font-size: 12px; font-family: Helvetica;" class="">Back to “Social Tables” and Political Arithmetic</div><div style="margin: 0px; font-size: 12px; font-family: Helvetica; min-height: 14px;" class=""><br class=""></div></div><div class="" style="font-family: TimesNewRomanPSMT;">Members and friends of AWARE are invited to join the group at 6pm on Wednesday 17 June at 5 Litchfield Lane in Champaign (regardless of whether they’ve read the text).<br class=""><br class="">—CGE <br class=""><br class="">==============================ADDENDUM==============================</div><div class="" style="font-family: TimesNewRomanPSMT;">One of the best reviews of Piketty’s work as a whole appeared in the New York Review a year ago:</div><div class="" style="font-family: TimesNewRomanPSMT;"><<a href="http://www.nybooks.com/articles/archives/2014/may/08/thomas-piketty-new-gilded-age/" class="">http://www.nybooks.com/articles/archives/2014/may/08/thomas-piketty-new-gilded-age/</a>></div><div class="" style="font-family: TimesNewRomanPSMT;"><br class=""></div><div class="" style="font-family: TimesNewRomanPSMT;">###</div><div class="" style="font-family: TimesNewRomanPSMT;"><br class=""></div><div class="" style="font-family: TimesNewRomanPSMT;"><br class=""></div></div></body></html>