What's the Real Reason "Capital in the 21st Century" is Doing So Well in the U.S.?

The Real News Network [1] / By Thomas Ferguson [2]

May 16, 2014 | JESSICA DESVARIEUX, TRNN PRODUCER: Welcome to The Real News Network. I’m Jessica Desvarieux in Baltimore.

We’re now joined by Thomas Ferguson. He’s a professor of political science at the University of Massachusetts Boston, and he’s also a senior fellow at the Roosevelt Institute.

Thanks for joining us, Tom.

PROF. TOM FERGUSON, SENIOR FELLOW, ROOSEVELT INSTITUTE: Hi, there.

DESVARIEUX: So, Tom, French economist Thomas Piketty’s book Captital in the Twenty-First Century, it’s a bestseller. It’s really struck a chord with folks. What do you think is behind this? What do you think this means?