The Piketty phenomenon: why has Capital become a publishing sensation?

Why has Piketty's Capital become a publishing sensation? Not for revolutionary findings; its message that western societies have experienced increases in inequality of income and wealth over the long term is hardly new. Of the several reasons discussed in this article, attention is paid in particular to the book's timing and its claim to reveal the laws of income and wealth distribution in western societies. Had the book been published before 2008 it would have been much less successful. Piketty's revelation of the big trends and their underlying logic helps to objectify, legitimize and offer a kind of catharsis for surging middle‐class anxieties during the Great Recession. These anxieties have been further intensified by evidence that over 90 per cent of the increase in disposable income in the United States has accrued to the top 1 per cent of the population in the past several years, and a not much lower percentage to the top 1 per cent in Britain. In the conclusion it is argued that if Piketty's forecasts are even remotely accurate, capitalism will lose its core claim to legitimacy.     

The Making of an Australian ‘Airport City’

Globally, the changing nature of airports, and particularly the juxtaposition of general commercial land uses alongside aviation functions, is captured in the concept of the ‘airport city’. In Australia, commercialisation has impacted nearly all privatised capital city and general aviation airports. Essendon Airport's contested transformation from a run‐down general aviation facility into an emergent business and retail hub in Melbourne's north‐western suburbs serves as an instructive case study of the evolution of the airport city as a new suburban typology. Drawing in part on in‐depth interviews with key stakeholders involved in the redevelopment process, this paper examines the conflicting forces that have driven commercialisation since the late 1990s, the spatial outcomes and the wider planning issues arising.     

AN INDUSTRIAL ENGINEER (BUT NO PAPYRUS) IN CELTIC BRITAIN

Summary. This article discusses the coin-making methods used in Iron Age Britain, specifically those used to manufacture the cast bronze coins of Kent. The distinctive markings that appear on the coins reveal a series of mould-making experiments that optimized the casting process. The spirit of experimentation and innovation is somewhat akin to that of modern day industrial engineering, and shows Celtic metal-working technology at its best. The hypothesis that papyrus was used in the mould-making procedures is refuted by an analysis of the striations that occur in the fields of some of these coins.