How do we make new economic ideas a reality? – Aditya Chakrabortty answered your questions

Guardian columnist, senior economics commentator and host of the new Radical Thinking podcast Aditya Chakrabortty answered your questions on the big ideas around economics, society and democracy, and his new podcast thegreatfatsby asks : Do you think the fact that Gabriel Zucman,

Guardian columnist, senior economics commentator and host of the new Radical Thinking podcast Aditya Chakrabortty answered your questions on the big ideas around economics, society and democracy, and his new podcast thegreatfatsby asks : Do you think the fact that Gabriel Zucman, who is a recognised authority on wealth tax is given more respect, time and attention by the mainstream media than Gary Stevenson, who has worked eloquently and tirelessly to spread the debate about the terrible consequences of inequality and whose ideas and analysis are almost identical is because of our cultural fixation on class prejudice? Aditya says: I’ve followed Gabriel Zucman (and Emmanuel Saez and Thomas Piketty) for a long time, and find his work rigorous and thought provoking. I don’t always agree, but I appreciate their acceptance that taxes on wealth are part of the fight against ever-increasing inequality.

I think Gary Stevenson is eloquent and compelling and is fighting a good fight. His book tells a story very well. But I don’t accept the insistence on a ‘wealth tax’ (as opposed to taxes on wealth) as being the only way we fight everything from inequality to the far right.

We have to look at workers’ rights, housing, public ownership, greater democracy in economics and politics as well. In the age of algorithm, simple, strong messages cut through. But the truth is often more complex.

Aditya says: What a nice question, Marija. I try to read a lot and write a diary. Unfortunately, I have the handwriting of a GP so I can’t read old entries.

The other thing is I try to shirk my mobile phone. Continue reading...