gogogo
Syndetics cover image
Image from Syndetics

Capital in the twenty-first century : the dynamics of inequality, wealth, and growth / Thomas Piketty ; translated by Arthur Goldhammer.

By: Contributor(s): Material type: TextTextPublication details: Cambridge Massachusetts The Belknap Press of Harvard University Press, 2014.Description: viii, 685 p. 24cmISBN:
  • 9780674430006 (alk. paper)
  • 067443000X (alk. paper)
Uniform titles:
  • Capital au XXIe siècle. English
Subject(s): DDC classification:
  • 332.041 PIK
Contents:
Income and output -- Growth : illusions and realities -- The metamorphoses of capital -- From old Europe to the new world -- The long-run capital/income ratio -- Capital\'s share vs. labor\'s share in the twenty-first century -- Inequality and concentration : an initial orientation -- The two worlds -- Inequality in the income from labor -- Inequality in the ownership of capital -- Merit and inheritance in the long run -- Global inequality of wealth 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.
Fiction notes: Click to open in new window
Holdings
Item type Current library Call number Copy number Status Date due Barcode
Standard Loan Moylish Library Main Collection 332.041 PIK (Browse shelf(Opens below)) 1 Available 39002100481655

Enhanced descriptions from Syndetics:

A New York Times #1 Bestseller
An Amazon #1 Bestseller
A Wall Street Journal #1 Bestseller
A USA Today Bestseller
A Sunday Times Bestseller
A Guardian Best Book of the 21st Century
Winner of the Financial Times and McKinsey Business Book of the Year Award
Winner of the British Academy Medal
Finalist, National Book Critics Circle Award

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.

A work of extraordinary ambition, originality, and rigor, Capital in the Twenty-First Century reorients our understanding of economic history and confronts us with sobering lessons for today.

Translation of the author\'s Le capital au XXIe siècle.

Includes bibliographical references and index.

Income and output -- Growth : illusions and realities -- The metamorphoses of capital -- From old Europe to the new world -- The long-run capital/income ratio -- Capital\'s share vs. labor\'s share in the twenty-first century -- Inequality and concentration : an initial orientation -- The two worlds -- Inequality in the income from labor -- Inequality in the ownership of capital -- Merit and inheritance in the long run -- Global inequality of wealth 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.

Table of contents provided by Syndetics

  • Acknowledgments (p. vii)
  • Introduction (p. 1)
  • Part 1 Income and Capital
  • 1 Income and Output (p. 39)
  • 2 Growth: Illusions and Realities (p. 72)
  • Part 2 The Dynamics of the Capital/Income Ratio
  • 3 The Metamorphoses of Capital (p. 113)
  • 4 From Old Europe to the New World (p. 140)
  • 5 The Capital/Income Ratio over the Long Run (p. 164)
  • 6 The Capital-Labor Split in the Twenty-First Century (p. 199)
  • Part 3 The Structure of Inequality
  • 7 Inequality and Concentration: Preliminary Bearings (p. 237)
  • 8 Two Worlds (p. 271)
  • 9 Inequality of Labor Income (p. 304)
  • 10 Inequality of Capital Ownership (p. 336)
  • 11 Merit and Inheritance in the Long Run (p. 377)
  • 12 Global Inequality of Wealth in the Twenty-First Century (p. 430)
  • Part 4 Regulating Capital in the Twenty-First Century
  • 13 A Social State for the Twenty-First Century (p. 471)
  • 14 Rethinking the Progressive Income Tax (p. 493)
  • 15 A Global Tax on Capital (p. 515)
  • 16 The Question of the Public Debt (p. 540)
  • Conclusion (p. 571)
  • Notes (p. 579)
  • Contents in Detail (p. 657)
  • List of Tables and Illustrations (p. 665)
  • Index (p. 671)

Author notes provided by Syndetics

Thomas Piketty was born in Clichy, France on May 7, 1971. He received a M.Sc. in mathematics at Ecole Normale Supérieure and a PhD in Economics at EHESS and at LSE. He is a professor at the Paris School of Economics. His articles have appeared in numerous journals including the Quarterly Journal of Economics, the Journal of Political Economy, the American Economic Review, and the Review of Economic Studies. He has written several books including Capital in the Twenty-First Century.

(Bowker Author Biography)

Powered by Koha