Communism per se is badly, badly broken. Piketty seems to be drawing to trying to get the genie of international capital back into the bottle. I doubt that's do-able.
In the world described by JK Galbraith's "Modern Industrial State", organized labor sorta made sense. Now? Not so much.
Hayek and Milton Friedman ( generally considered economists of the Right, although that has problems ) have both espoused a basic income/negative tax. That's quite distinct from Communism.
Megan McArdle has, I think, a fine treatise on how the globalization of capital killed off the equilibrium that made even organized labor possible: http://www.bloombergview.com/articles/e023c820e0110130a0d758...
In the world described by JK Galbraith's "Modern Industrial State", organized labor sorta made sense. Now? Not so much.
Hayek and Milton Friedman ( generally considered economists of the Right, although that has problems ) have both espoused a basic income/negative tax. That's quite distinct from Communism.