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
Influence
Beating The Street
Success
She Said
Facing Love Addiction
What It Takes
Necessary Dreams
Bet The Farm
The Messy Middle
The Holy Grail of Investing
The Power of Myth
The Parasitic Mind
The Upanishads
Artificial Intelligence
Focus
Perfectly Reasonable Deviations from the Beaten Track
Peak
The Persian Expedition
The Fall
To Sell is Human
Expert Political Judgement
The Bottomless Well
The Mathematics of Politics
A Heartbreaking Work of Staggering Genius
The Omnivore's Dilemma
One Simple Idea
How To Turn Down A Billion Dollars
At Home in the Universe
Energy Transitions
Growth IQ
Distant Force
Information
Intellectual Life in the Middle Ages
Spiritual Enlightenment, the Damnedest Thing
Modern Times
A Thousand Splendid Suns
The Way of Kings
The Grid
The Cost Disease
The Sun Also Rises
The Better Angels of our Nature
Built from Scratch
The Inevitable
Pandaemonium
Once a Warrior
Technofeudalism
Understanding Comics
The Search
The 22 Immutable Laws of Marketing
The Long Tail
The History of the Future
Bad Therapy
Have Space Suit - Will Travel
Game of Thorns
Pebbles of Perception
The Cultural Cold War
Rebooting AI
The Tao of Charlie Munger
Patient Capital
Xi Jinping: The Governance of China
How To Avoid a Climate Disaster
The Beak of the Finch
The Art of  Scientific Investigation
The Company
The PayPal Wars
Elvis Cole Series
Human Compatible
Monsoon
So Good They Can't Ignore You
A Pattern Language
Change.edu
Breaking Out of Beginner's Spanish
Why Buy Bitcoin
Knowledge and Decisions
Eisenhower
1,000 Foods To Eat Before You Die
Heaven on Earth
The Ancient City
Good To Great
Tap Dancing to Work
Being With Dying
Who Says Elephants Can’t Dance?
Daemon
Don't Feed the Monkey Mind
The Sleepwalkers
Impro
Diocletian and the Roman Recovery
Cryptonomicon
The Count of Monte Cristo
Pilot's Handbook of Aeronautical Knowledge
Adaptive Markets
Mastering The Market Cycle
The Book of Life
No Filter
Inside the Rise of HBO
Discourses on Livy
The Lean Startup
Son of the Morning Star
The Purple Cow
Wild Swans