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Capital in the Twenty-First Century book summary country ebook Capital in the Twenty-First Century audio book pdf complete download audio book complete english [PDF] Capital in the Twenty-First Century book summary english Capital in the Twenty-First Century book content pdf english Capital in the Twenty-First Century read book online, order books Herzog - media of all kinds quickly and securely. new, complete and free update with price from online bookstore, but here you can get unlimited access anywhere Random House: Haus der Verlage, House of diversity for literature, non-fiction, specialist book, children's books, guide book and life support What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate and set the agenda for the next generation of thought about wealth and inequality.

Piketty shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again.

Capital in the Twenty-First Century book detailed information

Capital in the Twenty-First Century book detailed information

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