_Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond_ is a collection of critical essays on the economist’s iconic 2014 book, from the perspective of critical theory, global political economy or public sociology, mostly drawn from the Marxist tradition.

_Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond_ is a collection of critical essays on the economist’s iconic 2014 book, from the perspective of critical theory, global political economy or public sociology, mostly drawn from the Marxist tradition.

This article represents a preliminary attempt to conceptualize the relationship between technology and global inequality, using a political economy of the world-system perspective. Despite the crucial role that technical innovation and adaptation play in the process of international development, many macroanalyses of social change focus little explicit attention on technology. Only neoevolutionary theory discusses its role in long-term social change, and then in ways that miss some key dimensions. The author argues that technology is a social product designed to fit (...) the needs of the rich and powerful. In the contemporary world, it is usually produced by a highly organized research and development industry, often explicitly linked to military- industrial complexes. Rhetoric about increased globalization notwithstanding, technology is a key resource in the present capitalist world-economy that is very unevenly dtstributed, with the advanced industrial "core" states controlling technological innovation and dissemination. Even newly industrializing countries like South Korea, which many consider technologically sophisticated, experience profound technological dependence, limiting their prospects for truly autonomous economic growth. Differential control of technology and techno logical innovation is a defining trait of global inequality in the late twentieth century. (shrink)