Piketty: 'The United States has lost control: this is why it is so brutal'

The economist, author of 'Capital in the 21st Century', explains Donald Trump's aggressive moves on trade and in relations with other countries: 'It is neocolonialist logic'

Thomas Piketty's economic analyses portray the United States as a weakening hegemon facing the threat of growing Chinese dominance

Protectionism did not have a long-term future because globalization is not limited to political-legal aspects. It is a much more fundamental historical step. Donald Trump's election in 2024 upsets the political landscape much more than his first election in 2016. The brutality with which the new US president began his term surprised. Both within the country and in international relations, the question of freedoms and democracy is raised about th…