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China economy
EconomyChina Economy

China censors Thomas Piketty’s book that touches on nation’s growing inequality

  • President Xi Jinping heaped lavish praise on French economist’s first book Capital in the 21st Century, which critiqued the failings of capitalism
  • But Piketty says his latest book on inequality is unavailable in the mainland because he has refused to allow sections critical of China’s wealth gap to be censored

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Inequality and its causes are sensitive topics in Communist China. Photo: AFP
Sidney Leng

When French economist Thomas Piketty published his acclaimed Capital in the 21st Century in 2013, an in-depth critique of modern capitalism and inequality, it was an immediate hit upon release in China, selling hundreds of thousands of copies.

The near 700-page book even won praise from President Xi Jinping, who in a 2015 speech used its meticulously researched findings on surging inequality in the United States and Europe to claim that Marxist political economy was as relevant as ever.

But Piketty’s new book Capital and Ideology, which expands on the theme of inequality, looks increasingly unlikely to have the same success after falling foul of China’s censors.

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Published outside China last year, it has yet to be launched in the mainland due to demands from Piketty’s Chinese publisher, Citic Press Group, that all parts of the book related to inequality in China be cut.

I refused these conditions, so at this stage it looks as if Capital and Ideology won’t be published in China
Thomas Piketty

“I refused these conditions, so at this stage it looks as if Capital and Ideology won’t be published in China,” Piketty told the South China Morning Post by email.

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