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 Fourth Part of the World
High
Justice on Trial
The Third Wave
Stress Test
Iacocca
Lincoln at Gettysburg
Consider Phlebas
Out of the Crisis
Twelve Against The Gods
The Bias That Divides Us
Linchpin
Judgment in Managerial Decision Making
Triggered
Anna Karenina
Atlas Shrugged
A Short Guide to a Happy Life
Modern Aramaic (Assyrinan/Syriac) Dictionary
The Book of Five Rings
Poor Numbers
The Undercover Economist
Vagabonding
Gridiron Genius
Execution
Folk Devils and Moral Panics
The Amber Spyglass
A Short History of Financial Euphoria
The Nature of the Beast
Shadow Divers
Stranger In A Strange Land
Destined For War
The Art of  Scientific Investigation
Mastering The Market Cycle
Artificial Intelligence
The Legend of Henry Ford
The Painted Bird
Restoring Our Republic
Lessons for the Living
The World Without Us
Things Hidden Since the Foundation of the World
The Fourth Turning
The Sum of Us
Kochland
Sit Like a Buddha
Mr. Penumbra's 24-Hour Bookstore
Awakening Joy
The Ten Golden Rules of Leadership
The Tycoons
Malabar Farm
The Watchman's Rattle
Global Crisis
Smart People Should Build Things
The Purple Cow
Indistractable
Civilized to Death
The Art of Spirited Away
Building the Intentional University
Twenty Thousand Leagues Under the Sea
A Story Lately Told
The Power of Full Engagement
Immortality
The Great Convergence
The Essential Scratch and Sniff Guide to Becoming a Wine Expert
Tales of the Unexpected
SuperFreakonomics
Friday Black
Undaunted Courage
House of Morgan
1,000 Foods To Eat Before You Die
Watchmen
Powering the Future
The Long Tail
Molecular Biology of the Cell
The Story of the Human Body
A Gentleman in Moscow
Race Against The Machine
A Curious Mind
Soon I Will Be Invincible
The Two-Parent Privelege
A Pattern Language
Home Economics
In Over Our Heads
The Upside of Inequality
How to Fail at Almost Everything and Still Win Big
Now, Discover Your Strengths
Edison
Tribe of Mentors
The World We Have Lost
Sailing Alone Around The World
The Culture Code
The Water Dancer
Rational Expectations
David Bowie
Devil's Harbor
The Conquest of Gaul
Farsighted
No Two Alike
The Back of the Napkin
The Hate U Give
The Secret Life of Salvador Dalí