Capital in the Twenty First Century Book
Score: 4
From 26 Ratings

Capital in the Twenty First Century


  • Author : Thomas Piketty
  • Publisher : Harvard University Press
  • Release Date : 2017-08-14
  • Genre: Business & Economics
  • Pages : 817
  • ISBN 10 : 9780674979857

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Capital in the Twenty First Century Excerpt :

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 this work the author 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 transform debate and set the agenda for the next generation of thought about wealth and inequality. He 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 if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.

Thomas Piketty   s Capital in the Twenty First Century Book

Thomas Piketty s Capital in the Twenty First Century


  • Author : Stephan Kaufmann
  • Publisher : Verso Books
  • Release Date : 2017-08-01
  • Genre: Political Science
  • Pages : 96
  • ISBN 10 : 9781784786151

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Thomas Piketty s Capital in the Twenty First Century Excerpt :

An introduction to Thomas Piketty’s monumental work US Nobel Prize winner Paul Krugman described Thomas Piketty’s Capital in the Twenty-First Century as “perhaps the most important book of the last decade”. It has sparked major international debates, dominated bestseller lists and generated a level of enthusiasm—as well as intense criticism—in a way no other recent economic or sociological work has. Piketty has been described as a new Karl Marx and placed in the same league as the economist John Maynard Keynes. The ‘rock star economist’s’ (Financial Times) underlying thesis: inequality under capitalism has reached dramatic proportions in the last few decades and continues to grow—and not by coincidence. Thus, a small elite becomes simultaneously richer and richer and more and more powerful. Given the sensational reception of the not-so-easily digested 800-page study that spans back to the eighteenth century, the question as to where the hype around Piketty’s book comes from deserves to be asked. What is correct in it? What are the criticisms of it? And what should we make of it—both of the book itself and of the criticism it has received? This book lays out the argument of Piketty’s monumental work in a compact and understandable format, while also investigating the controversies that this book has caused. In addition, the two authors demonstrate the limits, contradictions and errors of the so-called ‘Piketty revolution’.

Piketty s Capital in the Twenty First Century Book

Piketty s Capital in the Twenty First Century


  • Author : Edward Fullbrook
  • Publisher : Unknown
  • Release Date : 2014-11-24
  • Genre: Business & Economics
  • Pages : 286
  • ISBN 10 : 1848901577

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Piketty s Capital in the Twenty First Century Excerpt :

Thomas Piketty's book Capital in the 21st Century has already attracted more serious attention than any economics book published in the last seventy-five years. This collection of 17 essays by some of the world's most prominent economists explores Piketty's book at depth and from various vantage points. Here is what economists around the world are already saying about this book. "Marx's Capital is strong on theory but, it detractors allege, weak on data. In a dialectic worthy of Hegel himself, the critics assembled here argue that Piketty's Capital stands opposite to Marx's, as strong on data but weak on theory. This combination--plus its exquisite timing--explains it critical acclaim. The juxtaposition of economic stagnation and obscene inequality in the aftermath of the financial crisis made it impossible for mainstream economists to continue ignoring inequality, let alone applauding it as they have done for so long. Piketty made it possible for them to acknowledge it without abandoning their comforting but false mainstream theories of capitalism. These authors in this volume applaud Piketty for his contribution to empirical knowledge, but reject his views on how this inequality came about. The true Capital for the 21st century is still yet to be written." - Steve Keen, Kingston University, London "Neoclassical economics spawned a utopian belief in capitalism with unregulated market forces. Thomas Piketty's empirical analysis has dealt a fatal blow to that belief by highlighting the recent huge redistributions of income and wealth to the ultra-rich. This raises a fundamental question for people around the world: How do we achieve a better world through economic policies? This global collection addresses that question and explores theoretical explanations for Piketty's empirical findings." - Ping Chen, Fudan University and Peking University, China "Are the theoretical explanations proposed by Thomas Piketty of the rising inequalities valid? What is the meaning of h

Capital in the Twenty First Century Book

Capital in the Twenty First Century


  • Author : Nick Broten
  • Publisher : CRC Press
  • Release Date : 2017-07-05
  • Genre: Business & Economics
  • Pages : 114
  • ISBN 10 : 9781351350259

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Capital in the Twenty First Century Excerpt :

Thomas Piketty is a fine example of an evaluative thinker. In Capital in the Twenty-First Century, he not only provides detailed and sustained explanations of why he sees existing arguments relating to income and wealth distribution as flawed, but also gives us very detailed evaluations of the significance of a vast amount of data explaining why incomes is distributed in the ways it is. As Piketty stresses, “the distribution question... deserves to be studied in a systematic and methodical fashion.” This stress on evaluating the significance of data leads him to focus on the central evaluative questions, and look in turn at the acceptability, relevance, and adequacy of existing justifications for the unequal distribution of wealth. In doing so, Piketty applies his understanding of the data to answering the deeply important question of what political structures and what policies are necessary to move us towards a more equal society. Piketty’s evaluation of the data supports his argument that inequality cannot be depended on to reduce over time: indeed, without government intervention, it is highly likely to increase. In addition, he evaluates international data to argue that poor countries do not necessarily become less poor as a result of foreign investment. This strong emphasis on the interrogation of data, rather than the building mathematical models that are divorced from data, is a defining feature of Piketty’s work.

Capital and Ideology Book
Score: 4.5
From 2 Ratings

Capital and Ideology


  • Author : Thomas Piketty
  • Publisher : Belknap Press
  • Release Date : 2020
  • Genre: Business & Economics
  • Pages : 1105
  • ISBN 10 : 9780674980822

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Capital and Ideology Excerpt :

Thomas Piketty's Capital in the Twenty-First Century showed that capitalism, left to itself, generates deepening inequality. In this audacious follow-up, he challenges us to revolutionize how we think about ideology and history, exposing the ideas that have sustained inequality since premodern times and outlining a fairer economic system.

World Population and Human Capital in the Twenty First Century Book

World Population and Human Capital in the Twenty First Century


  • Author : Wolfgang Lutz
  • Publisher : Oxford University Press
  • Release Date : 2017
  • Genre: Business & Economics
  • Pages : 737
  • ISBN 10 : 9780198813422

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World Population and Human Capital in the Twenty First Century Excerpt :

Condensed into a detailed analysis and a selection of continent-wide datasets, this revised edition of World Population & Human Capital in the Twenty-First Century addresses the role of educational attainment in global population trends and models. Presenting the full chapter text of the original edition alongside a concise selection of data, it summarizes past trends in fertility, mortality, migration, and education, and examines relevant theories to identify key determining factors. Deriving from a global survey of hundreds of experts and five expert meetings on as many continents, World Population & Human Capital in the Twenty-First Century: An Overview emphasizes alternative trends in human capital, new ways of studying ageing and the quantification of alternative population, and education pathways in the context of global sustainable development. It is an ideal companion to the county specific online Wittgenstein Centre Data Explorer.

After Piketty Book

After Piketty


  • Author : Heather Boushey
  • Publisher : Harvard University Press
  • Release Date : 2017-05-08
  • Genre: Business & Economics
  • Pages : 688
  • ISBN 10 : 9780674978171

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After Piketty Excerpt :

Are Thomas Piketty’s analyses of inequality on target? Where should researchers go from here in exploring the ideas he pushed to the forefront of global conversation? In After Piketty, a cast of economists and other social scientists tackle these questions in dialogue with Piketty, in what is sure to be a much-debated book in its own right.

Understanding Piketty s Capital in the Twenty First Century Book

Understanding Piketty s Capital in the Twenty First Century


  • Author : Steven Pressman
  • Publisher : Routledge
  • Release Date : 2015-10-05
  • Genre: Business & Economics
  • Pages : 221
  • ISBN 10 : 9781317380023

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Understanding Piketty s Capital in the Twenty First Century Excerpt :

Thomas Piketty’s Capital in the Twenty-First Century reached the top of most best-seller lists last year shortly after it was released. Nonetheless, few people actually read the book. Yet reviewers have agreed that the book is important because it touches on one of the major problems facing the US economy, the UK economy and many developed nations: rising income and wealth inequality. It also provides an explanation of the problem and a policy solution: a global wealth tax. This book is intended to do three things. First, it provides a summary of the argument of Piketty’s book, which many people have bought and few people have read. Second, it fills in some of the gaps in the book, by providing readers with the background that is needed to understand the volume and the argument. This background information discusses economic data sources, measures of inequality and why income inequality is such an important issue today. Finally, the work provides a defense of Piketty’s analysis and at times some criticism of his work. Pressman explains why the problem of rising inequality is important, where Piketty’s data comes from, and the strengths and weaknesses of that data. It defends Piketty’s inequality, r>g, as the reason inequality has risen over the past several decades in many developed nations. Using Piketty’s own data, this book argues that rising inequality is not just a characteristic of capitalism, but results from different growth rates for income and wealth, which can occur under any type of economic system. Understanding Piketty's Capital in the Twenty-First Century is the ideal introduction to one of the most important books of recent years for anyone interested in Piketty’s work and the inevitability of inequality.

Pocket Piketty Book

Pocket Piketty


  • Author : Jesper Roine
  • Publisher : Bloomsbury Publishing
  • Release Date : 2017-09-01
  • Genre: Business & Economics
  • Pages : 162
  • ISBN 10 : 9781786992345

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Pocket Piketty Excerpt :

Thomas Piketty's Capital in the Twenty-First Century has been hailed as a masterpiece, making a powerful case that wealth inequality is not an accident, but rather an inherent feature of capitalism. But how many of us who bought or borrowed the book have read more than a fraction of its 700+ pages? And how many of Piketty's groundbreaking ideas have gone unappreciated, all for want of intellectual stamina? In this handy volume, Jesper Roine – whose own work was relied upon by Piketty – explains in clear and accessible prose the key concepts behind, and controversies surrounding, Piketty's landmark work.

The Economics of Inequality Book
Score: 3.5
From 2 Ratings

The Economics of Inequality


  • Author : Thomas Piketty
  • Publisher : Harvard University Press
  • Release Date : 2015-08-03
  • Genre: Business & Economics
  • Pages : 153
  • ISBN 10 : 9780674504806

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The Economics of Inequality Excerpt :

Succinct, accessible, and authoritative, Thomas Piketty’s The Economics of Inequality is the ideal place to start for those who want to understand the fundamental issues at the heart of one the most pressing concerns in contemporary economics and politics. This work now appears in English for the first time.

Anti Piketty Book

Anti Piketty


  • Author : Jean-Philippe Delsol
  • Publisher : Cato Institute
  • Release Date : 2017-03-01
  • Genre: Political Science
  • Pages : 374
  • ISBN 10 : 9781944424268

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Anti Piketty Excerpt :

Thomas Piketty's book Capital in the Twenty-First Century has enjoyed great success and provides a new theory about wealth and inequality. However, there have been major criticisms of his work. Anti-Piketty: Capital for the 21st Century collects key criticisms from 20 specialists—economists, historians, and tax experts—who provide rigorous arguments against Piketty's work while examining the notions of inequality, growth, wealth, and capital.

Twenty First Century Inequality   Capitalism  Piketty  Marx and Beyond Book

Twenty First Century Inequality Capitalism Piketty Marx and Beyond


  • Author : Anonim
  • Publisher : BRILL
  • Release Date : 2018-01-03
  • Genre: Business & Economics
  • Pages : 412
  • ISBN 10 : 9789004357044

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Twenty First Century Inequality Capitalism Piketty Marx and Beyond Excerpt :

Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond is a collection of critical essays on the economist’s iconic 2014 book, from the perspective of critical theory, global political economy or public sociology, mostly drawn from the Marxist tradition.

The Captured Economy Book

The Captured Economy


  • Author : Brink Lindsey
  • Publisher : Oxford University Press
  • Release Date : 2017-10-13
  • Genre: Political Science
  • Pages : 240
  • ISBN 10 : 9780190627782

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The Captured Economy Excerpt :

For years, America has been plagued by slow economic growth and increasing inequality. In The Captured Economy, Brink Lindsey and Steven M. Teles identify a common factor behind these twin ills: breakdowns in democratic governance that allow wealthy special interests to capture the policymaking process for their own benefit. They document the proliferation of regressive regulations that redistribute wealth and income up the economic scale while stifling entrepreneurship and innovation. They also detail the most important cases of regulatory barriers that have worked to shield the powerful from the rigors of competition, thereby inflating their incomes: subsidies for the financial sector's excessive risk taking, overprotection of copyrights and patents, favoritism toward incumbent businesses through occupational licensing schemes, and the NIMBY-led escalation of land use controls that drive up rents for everyone else. An original and counterintuitive interpretation of the forces driving inequality and stagnation, The Captured Economy will be necessary reading for anyone concerned about America's mounting economic problems and how to improve the social tensions they are sparking.

The Contradictions of Capital in the Twenty first Century Book

The Contradictions of Capital in the Twenty first Century


  • Author : Emeritus Professor of History Pat Hudson
  • Publisher : Agenda Publishing
  • Release Date : 2016-10-25
  • Genre: Business & Economics
  • Pages : 256
  • ISBN 10 : 1911116118

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The Contradictions of Capital in the Twenty first Century Excerpt :

This volume of essays builds upon renewed interest in the long-run global development of wealth and inequality stimulated by the publication in 2014 of Thomas Piketty's Capital in the Twenty-First Century. It brings together an international team of leading economic historians and economists to provide a comprehensive overview of global developments in the theory, practice, and policy of inequality, and its place in the modern world order. The contributors take stock of the key concepts involved - capital, wealth and income, inequality, economic development, financialization - and evaluate the evidence for historical trends in existing national statistical data sources. To the developed economies upon which Piketty drew are added contributions covering Latin America, Africa, India, and Japan, providing a global perspective upon a global phenomenon. The book seeks to provide readers with a deeper awareness and understanding of the significance of equality and inequality in economic development, the varying pace of economic change around the world, and the manner in which this process of change affects the distribution of wealth and inequality in diverse economies. The collection marks an important step in the process of developing Piketty's analytical framework and empirical material, overcoming its limitations and helping to cement a lasting place for inequality in the agenda of growth theory.

Marx for the 21st Century Book

Marx for the 21st Century


  • Author : Hiroshi Uchida
  • Publisher : Routledge
  • Release Date : 2004-08-02
  • Genre: Business & Economics
  • Pages : 217
  • ISBN 10 : 9781134405619

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Marx for the 21st Century Excerpt :

This groundbreaking collection surveys current research on Marx and Marxism from a variety of perspectives. Setting forward an unconventional range of questions for discussion, the book develops key ideas, such as the theory of history, controversies about justice and the latest textual scholarship on The German Ideology. Written by Japanese scholars, the volume affords western readers a glimpse for the first time, of the results of many years’ debates and discussion. Following the long tradition of Japanese interest in Marx, the book draws on the relationship between that and radical changes in local political context, as well as the economic and political development represented by Japan. Over the course of the chapters, Marx is rescued from ‘orientalism’, evaluated as a socialist thinker, revisited as a theorist of capitalist development and heralded as a necessary corrective to modern economics. Of particular interest are the major scholarly revisions to the ‘standard’ historical accounts of Marx’s work on the Communist Manifesto, his relationship to the contemporary theories of Louis Blanc and P.J. Proudhon, and new information about how he and Engels worked together. This landmark work opens up a world of Japanese critical engagement and lively scholarship that will appeal to anyone interested in Marx and Marxism.