Find a copy in the library
Finding libraries that hold this item...
Details
| Document Type: | Book |
|---|---|
| All Authors / Contributors: |
Thomas Piketty; Arthur Goldhammer |
| ISBN: | 9780674979857 0674979850 9780674430006 067443000X |
| OCLC Number: | 1003639044 |
| Language Note: | Translated from the French. |
| Notes: | Originally published as Le capital au XXI siecle, 2013. Includes index. |
| Description: | ix, 793 pages : charts ; 22 cm |
| Contents: | Part I. Income and capital. Income and output ; Growth : illusions and realities -- Part II. The dynamics of the capital/income ratio. The metamorphoses of capital ; From old Europe to the new world ; The capital/income ratio over the long run ; The capital-labor split in the twenty-first century -- Part III. The structure of inequality. Inequality and concentration : preliminary bearings ; Two worlds ; Inequality of labor income ; Inequality of capital ownership ; Merit and inheritance in the long run ; Global inequality of wealth in the twenty-first century -- Part IV. Regulating capital in the twenty-first century. A social state for the twenty-first century ; Rethinking the progressive income tax ; A global tax on capital ; The question of the public debt. |
| Other Titles: | Capital au XXIe siecle. |
| Responsibility: | Thomas Piketty ; translated by Arthur Goldhammer. |
Abstract:
Reviews
Publisher Synopsis
Thomas Piketty's Capital in the 21st Century is arguably the most important popular economics book in recent memory. It will take its place among other classics in the field that have survived changing theoretical and political fashions, such as its namesake by Karl Marx (Das Kapital, 1867) or other ambitiously titled books such as John Maynard Keynes's The General Theory of Employment, Interest, and Money (1936). Anyone who wants to engage in an informed discussion about the economic landscape will have to read Piketty.--Kate Bahn"Women's Review of Books" (01/01/2015) Thomas Piketty's Capital in the Twenty-First Century delivered a well placed kick up the backside to complacent mainstream economics.--Paul Mason"The Observer" (11/30/2014) Magisterial...Piketty's Capital feels very much like a Category 4 hurricane that hasn't yet made landfall...Piketty draws on a vast store of historical data to argue that the broad dissemination of wealth that occurred during the decades following World War I was not, as economists then mistakenly believed, a natural state of capitalist equilibrium, but rather a halcyon interval between Belle poque inequality and the rising inequality of our own era...Piketty's most provocative argument is that the discrepancy between the high returns to capital and much more modest overall economic growth--briefly annulled during the mid-century--ensures that the gulf between the rich (who profit from capital investments) and the middle class (who depend chiefly on income from labor) will only continue to grow...The best reason to raise tax rates is not to punish the rich, of course, but to raise the revenue which the United States needs to invest in infrastructure and research, not to mention to pay for Social Security and health care. That investment gap poses a clear and present danger to American global economic leadership. Rising inequality exacerbates the problem by sapping the collective political will needed to address the problem.--James Traub"Foreign Policy online" (04/11/2014) Read more...
