Capital In The 21st Century

Thomas Piketty

Recommended By

Book Synopsis

"Capital In The 21st Century" by Thomas Piketty provides a comprehensive analysis of wealth and income inequality in capitalist economies. Piketty examines historical data from various countries, uncovering patterns and trends that shed light on the distribution of wealth over time.

He argues that capitalism inherently promotes the accumulation of wealth and exacerbates inequality, with the rich getting richer while the middle and lower classes struggle to keep up. Through rigorous economic analysis, Piketty dissects the mechanisms behind this phenomenon, including the role of capital income, inheritance, and the rate of return on capital.

Piketty challenges the prevailing notion that market forces alone can correct inequality, asserting that political and social intervention is necessary to address and prevent further wealth polarization. He proposes a global wealth tax as a potential solution, along with other policy measures aimed at reducing inequality and ensuring a more equitable society.

By highlighting the historical and economic factors driving inequality, "Capital In The 21st Century" prompts readers to reconsider their understanding of the capitalist system and its implications for society. In his thought-provoking analysis, Piketty offers valuable insights into the challenges and consequences of rising inequality, urging individuals, governments, and policymakers to take action for a fairer future.

Explore More Books

See All
The Revolt of the Public
Letters to a Young Poet
Just Kids
Trump
The Skeptics' Guide to the Universe
Certain To Win
Oscar
Coyote America
Artemis
God's Debris
Beyond The Blue
The Precipice
The AI Revolution in Medicine
The Great Mental Models
The Kite Runner
The Revolt of the Elites and the Betrayal of Democracy
Innovation and Entrepreneurship
The Pursuit of Wow!
Letters to a Young Scientist
Very Classy
The French Revolution and What Went Wrong
Uncaring
The War of Art
The Attention Merchants
Security Analysis
Physics of the Future
I, Robot
Elon Musk
The White Album
Change.edu
Structures
All Out War
The World Crisis
The Dovekeepers
The Wizard of Menlo Park
Limitless
The Fever
Fall of Constantinople
Value Investing
Les Miserables
A Matter of Degrees
Ladies and Gentlemen - Lenny Bruce!!
Sustainable Materials With Both Eyes Open
The Sympathizer
Dopamine Detox
Second Foundation
Bitcoin Billionaires
How Will You Measure Your Life?
American Kingpin
Use of Weapons
Drive
The Prize
The Information
Fermat's Enigma
The Happiness Hypothesis
Ender's Shadow
The Great Gatsby
Don't Feed the Monkey Mind
The Godfather
Shaping the Future of the Fourth Industrial Revolution
Triumphs of Experience
99% True
Alchemy
Look to Windward
How To Get Rich
Frames of Mind
Distant Force
Rock On
Mastering the Core Teachings of the Buddha
Complexity and the Economy
The Man Who Knew Infinity
The Evolution of Everything
Buddha's Brain
The Art of Manipulation
The Virgin Suicides
The Psychology of Money
The Myth of the Strong Leader
Arctica
World War 3.0
It's Not How Good You Are - It's How Good You Want To Be
The Untethered Soul
Thinking with Type
The Therapeutic Turn
The Perfect Bet
A New History of Greek Mathematics
Prepared
Letters of Note
Frenemies
A Bite-Sized History of France
The Bed of Procrustes
Einstein's Mistakes
The Giving Tree
The Yoga Sutra of Patanjali
The Rosie Project
Competing Against Time
The Story of Civilization: The Age of Reason Begins
The Worlds I See
Money Changes Everything
Active Inference
Hidden Repression