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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 11/08/2026

The second was Thomas Piketty's *Capital in the 21st Century*, a book about the economic inevitability (and political instability) of oligarchy: memex.craphound.com/2014/06/24/t... 3/

memex.craphound.com

Thomas Piketty’s Capital in the 21st Century – Cory Doctorow's MEMEX

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 11/08/2026

In 2013, it wasn't immediately apparent how these two works connected with one another, but in the years since, I've grown increasingly convinced that Snowden and Piketty can only be properly understood as describing two aspects of the same phenomenon. 4/

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 11/08/2026

Piketty's landmark volume was grounded in a detailed analysis of 300 years' (!) worth of global capital flows, painstakingly compiled by a large team of grad students from a massive set of heterogeneous records. 5/

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