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Piketty says it's a dead end. As the US is abandoning its role as global rule-of-law haven and transaction clearing house, the EU has an opportunity to become a very different kind of world power:

> Europe must heed the calls from the Global South for economic, fiscal and climate justice. It must renew its commitment to social investment and definitively overtake the US in terms of training and productivity, just as it has already done in terms of health and life expectancy.

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