Capital in the Twenty-First Century

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Harvard University Press, Mar 10, 2014 - Business & Economics - 695 pages
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The main driver of inequality--returns on capital that exceed the rate of economic growth--is again threatening to generate extreme discontent and undermine democratic values. Thomas Piketty's findings in this ambitious, original, rigorous work will transform debate and set the agenda for the next generation of thought about wealth and inequality.

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LibraryThing Review

User Review  - Dokfintong - LibraryThing

This book is required reading for anyone interested in the underlying structure of monetary policy. Piketty was unabashedly conservative, favoring tax structures that inhibit the natural tendency of ... Read full review

LibraryThing Review

User Review  - RajivC - LibraryThing

This is an excellent book and one to be read a few times. In the concluding section of the book, Thomas Piketty admitted some of his conclusions are tenuous and should be debated. This is rare for an ... Read full review

Contents

Acknowledgments
Introduction
Income and Capital
Income and Output
Illusions and Realities
The Dynamics of the CapitalIncome Ratio
The Metamorphoses of Capital
From Old Europe to the New World
Inequality of Capital Ownership
Merit and Inheritance in the Long
Global Inequality of Wealth in the TwentyFirst Century
Regulating Capital in the TwentyFirst Century
A Social State for the TwentyFirst Century
Rethinking the Progressive Income
A Global Tax on Capital
The Question of the Public Debt

The CapitalIncome Ratio over the Long
The CapitalLabor Split in the TwentyFirst Century
The Structure of Inequality
Preliminary Bearings
Two Worlds
Inequality of Labor Income
Conclusion
Notes
Contents in Detail
List of Tables and Illustrations
Copyright

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