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
Machine Learning for Dummies
The Uterus Is a Feature, Not a Bug
Arctica
Something Incredibly Wonderful Happens
The History of Money
Triumph Of The City
The Transit of Venus
Alice's Adventures in Wonderland
Live Your Truth
The Story of Civilization: The Renaissance
The Economic Consequences of the Peace
A Short History of Financial Euphoria
The Sunday Philosophy Club
The Wealth of Nations
The Cost Disease
Rational Ritual
The Last Lecture
The Half-Life of Facts
Am I Being Too Subtle?
It's Garry Shandling's Book
The Fault in Our Stars
The Qur'an
Build The Life You Want
Right Thing, Right Now
The Gallic Wars
Means Of Ascent
The Warburgs
A Father First
Cosmos
The Dream Machine
Brute
The Reluctant Mr. Darwin
The New Leadership Literacies
No Bullshit Guide to Math and Physics
War Nerd
A Gentleman in Moscow
Tiny Habits
Warren Buffett
The Creative Society
Master Of The Game
Prime Movers of Globalization
Buddha's Brain
I Know Why the Caged Bird Sings
Too Dumb to Fail
Leapfrog
The Grid
The Serengeti Rules
A Thousand Splendid Suns
Catching the Big Fish
The Ascent of Money
Game Engine Black Book
How To Buy Stocks
The Art of Manipulation
Food and Nutrition
The Quiet American
Four Quartets
Netflixed
Notes From an Apocalypse
Prisoners of Geography
Awareness
Astrophysics for People In a Hurry
The Dice Man
The Happiness Hypothesis
The Upside of Inequality
The Fountainhead
The Individualists
Beyond Religion
Good Night, Little Bear
The Rape of Nanking
The Road
The Magic Of Reality
Swarm Troopers
Flying Start
The Money Game
Misbehaving
Not Zero
Homo Deus
The Tycoons
The Revolt of the Elites and the Betrayal of Democracy
Ultralight Backpackin' Tips
The Precariat
The Lives of the Artists
The Road to Serfdom
Life in the English Country House
Batman
Where Wizards Stay Up Late
Born Red
Gabriel Garcia Marquez
Way of the Warrior Kid 3
Buffett
Napoleon
Play It Away
Stalin's War
For A New Liberty
Radical Acceptance
Competition Demystified
Who We Are and How We Got Here
Nine Pints
Civilisation
Army Of None