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 Snowball
Bitcoin Billionaires
The Lizard King
However Long the Night
Showing Up for Life
Hackers & Painters
Binti
The Innovators Dilemma
The Robert Collier Letter Book
Humans Need Not Apply
Reamde
The Path To Power
One of a Kind
Sex, Murder, and the Meaning of Life
The Gift of Good Land
Limitless
Age Of Ambition
Genius
Same As Ever
The Stopwatch Gang
The Wisdom Paradox
Seeing Like a State
Bad For You
Consciousness Medicine
The Old Way
Ender's Shadow
Hell Yeah or No
The Copernican Revolution
The Evolving Self
Generations
The Printing Revolution in Early Modern Europe
Fauna & Family
Bel Canto
Understanding Michael Porter
American Prison
The Muqaddimah
My American Journey
Farsighted
Ghost Fleet
Shoe Dog
Getting Real
Golden Gates
Capital Returns
Conscious Business
Silently Seduced
The Opposing Shore
The Activist's Media Handbook
The Count of Monte Cristo
The Complete Guide to Sales Force Incentive Compensation
SuperFreakonomics
The Woman I Wanted to Be
A Guide To Econometrics
Bad Blood
The Case for Nationalism
How To Lie With Statistics
Charlie Munger
The Diversity Bonus
The Undercover Economist
Mycelium Running
Liftoff
The Most Powerful Idea In The World
The Startup Community Way
Born a Crime
Getting Better
Concorde
How To Live
Ending the War on Drugs
Self-Made Success
Selfish Reasons to Have More Kids
Data-Driven Marketing
Trust Me, I'm Lying
On Trails
Soon I Will Be Invincible
Origins of Political Order
The Hand
The Paleo Solution
Titan
Learn or Die
Moby Dick
Democracy In America
The Three Marriages
A Soldier of the Great War
The Great Rupture
The Prophet
On Power
The Wages of Guilt
The Smartest Guys In The Room
Lords of Finance
The Talent Code
Class Warfare
The Kill Chain
The Sum of Us
Working in Public
Fallen Leaves
The Vital Question
The Wealth and Poverty of Nations
Jim Grant UNICEF Visionary
The Alchemy of Finance
Zorba the Greek
Modern Aramaic (Assyrinan/Syriac) Dictionary