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
Waiting for Godot
Sam Walton
How To Lie With Statistics
Thinking In Systems
King Lear
A Second Chance
Bringing Down The House
Lying
Why Does College Cost So Much?
It's About Damn Time
Failing Forward
Electrify
100 Best-Loved Poems
The Body Keeps The Score
The Back of the Napkin
Slugfest
Leonardo Da Vinci
City of the Century
Einstein's Dreams
To Rule the Waves
Startup Playbook
The Order of Time
The Clash of Civilization and the Remaking of World Order
With All Due Respect
Eating Animals
Fleishman Is In Trouble
Catching the Big Fish
Representing Talent
Priceless
Brave Enough
The New Market Wizards
Jurassic Park
Harvesting the Biosphere
A Short History of Nearly Everything
Gulag Archipelago
Kant and the Platypus
Swarm Troopers
The Soul of A New Machine
Hate Inc.
Competing in the Age of AI
Slouching Towards Bethlehem
How Google Works
Peter Pan
Hamlet
The New Atlantis
Recapturing The Spirit Of Enterprise
Why Globalization Works
Expectations Investing
Brave New World
Behind the Beautiful Forevers
The Kitchen Cookbook
Kochland
Memoirs of My Life
Traction
Technical Analysis of the Financial Markets
Managing Oneself
Live Free or Die
The Art of War in the Middle Ages
Irresistible
Learning To Love Yourself
The Basic Laws of Human Stupidity
How to Stop Worrying and Start Living
Uncommon Measure
The Jewish Century
The Psychology of Achievement
Bird by Bird
A Man for All Markets
No Ordinary Time
The Meaning of Human Existence
Global Crisis
A Mind At Play
Get Smarter: Life and Business Lessons
Life Is What You Make It
The Gallic Wars
Anna Karenina
Founding Sales
The Anatomy of the State
Consciousness
The Emotion Code
Blueprint
Michael Jordan
Machine Learning for Dummies
The Player of Games
Mint Condition
Enlightenment Now
Mess
Waking Up
Black Box Thinking
As A Man Thinketh
Lasker's Manual of Chess
The Supermen
Probability, Random Variables and Stochastic Processes
The Underdog Founder
Guns, Sails, and Empires
The Power of Full Engagement
Lonesome Dove
Life on the Edge
COAN
Googled
The One Thing