Capital in the Twenty-First CenturyThe main driver of inequality--returns on capital that exceed the rate of economic growth--is again threatening to generate extreme discontent and undermine democratic values. Thomas Piketty's findings in this ambitious, original, rigorous work will transform debate and set the agenda for the next generation of thought about wealth and inequality. |
Contents
Introduction | |
Income and Capital | |
Income and Output | |
Illusions and Realities | |
The Dynamics of the CapitalIncome Ratio | |
The Metamorphoses of Capital | |
From Old Europe to the New World | |
Inequality of Capital Ownership | |
Merit and Inheritance in the Long | |
Global Inequality of Wealth in the TwentyFirst Century | |
Regulating Capital in the TwentyFirst Century | |
A Social State for the TwentyFirst Century | |
Rethinking the Progressive Income | |
A Global Tax on Capital | |
The Question of the Public Debt | |
The CapitalIncome Ratio over the Long | |
The CapitalLabor Split in the TwentyFirst Century | |
The Structure of Inequality | |
Preliminary Bearings | |
Two Worlds | |
Inequality of Labor Income | |
Conclusion | |
Notes | |
Contents in Detail | |
List of Tables and Illustrations | |
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Common terms and phrases
accounts accumulation amount annual assets average banks Britain capital/income ratio Chapter compared concentration countries decades decrease developed distribution economic effect equal especially estimates Europe European euros evolution example explain extremely fact Figure flow forces foreign fortunes France French Germany global greater growth rate half higher historical important increase individuals inequality inflation inheritance interest investment Italy labor land least less limited living means measure million national income natural nearly nineteenth century Note observed online technical appendix output particular percent of national period political population possible productivity progressive question real estate reason relatively rent return on capital rich rise role savings share social society sources structure twentieth century twentyfirst century United wage wealth
Bibliographic information
| Title | Capital in the Twenty-First Century |
| Author | Thomas Piketty |
| Publisher | Harvard University Press, 2014 |
| ISBN | 0674369556, 9780674369559 |
| Length | 695 pages |
| Subjects | › › Business & Economics / Development / Economic Development Business & Economics / Economic History Business & Economics / Economics / Comparative Business & Economics / Economics / Theory Political Science / Public Policy / Economic Policy |
| Export Citation | BiBTeX EndNote RefMan |