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This video is called Thomas Piketty: New thoughts on capital in the twenty-first century.

From daily The Independent in Britain:

German conservatives are destroying Europe with austerity, says economist Thomas Piketty

The French academic says Germany has failed to learn from history

Jon Stone

German conservatives are on course to destroy Europe with their commitment to continent-wide austerity, one of the world’s most influential economists has said.

Thomas Piketty, a French academic who published a bestselling book on capitalism, said the likes of Angela Merkel had failed to learn the lessons of the past.

“This is neither a reason for France, nor Germany, and especially not for Europe, to be happy,” he told German newspaper Zeit Online, when asked about the dominance of austerity in policymaking.

“I am much more afraid that the conservatives, especially in Germany, are about to destroy Europe and the…

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