Specify Books Supposing Capital in the Twenty-First Century
| Original Title: | Le capital au XXIe siècle |
| ISBN: | 067443000X (ISBN13: 9780674430006) |
| Edition Language: | English URL http://www.hup.harvard.edu/catalog.php?isbn=9780674979857 |
| Literary Awards: | Financial Times and McKinsey Business Book of the Year (2014), Arthur Ross Book Award for Gold Medal (2015), National Book Critics Circle Award Nominee for General Nonfiction (2014), Kirkus Prize Nominee for Nonfiction (Finalist) (2014), Goodreads Choice Award Nominee for Business Books (2014) Waterstones Book of the Year Nominee (2014), British Academy Medal (2014) |
Thomas Piketty
Hardcover | Pages: 685 pages Rating: 4.04 | 21501 Users | 1826 Reviews
Representaion Toward Books Capital in the Twenty-First Century
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 Capital in the Twenty-First Century, Thomas Piketty 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 will transform debate and set the agenda for the next generation of thought about wealth and inequality. Piketty 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. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again. A work of extraordinary ambition, originality, and rigor, Capital in the Twenty-First Century reorients our understanding of economic history and confronts us with sobering lessons for today.
Point Appertaining To Books Capital in the Twenty-First Century
| Title | : | Capital in the Twenty-First Century |
| Author | : | Thomas Piketty |
| Book Format | : | Hardcover |
| Book Edition | : | First Edition |
| Pages | : | Pages: 685 pages |
| Published | : | March 10th 2014 by Belknap Press (first published August 30th 2013) |
| Categories | : | Economics. Nonfiction. History. Politics. Business. Finance. Philosophy |
Rating Appertaining To Books Capital in the Twenty-First Century
Ratings: 4.04 From 21501 Users | 1826 ReviewsCriticize Appertaining To Books Capital in the Twenty-First Century
It's amazing to me how often Marxism gets repackaged and sold as if it was something new. Piketty's book is a prime example of this. It attempts to resell the already disproven lie about post WWII growth being caused by taxing the rich when in fact very few of the wealthy elite actually paid the 70-90% tax rates. Post WWII growth was the result of the U.S. holding excess gold reserves from Europe and the Bretton Woods conference that made the U.S. dollar the world's reserve currency. Anyone whoThe majority of economics that Americans are going to encounter is fairly limited-- the names Krugman, Friedman, Smith emerge, but to what extent do we know of their actual theoretical bases. Or their underlying assumptions about the economic endeavor?Enter Thomas Piketty, who has somehow entranced American intellectual life-- not something that most authors of 600-page, data-driven treatises can do. In its practice, it's excellent social science, in that it Piketty is empirical, sober-minded,
In a world that is increasingly blinded by ideological polarization, where we first decide what we believe we should believe in and then try to find facts to justify our cherished ideas, Pikettys book comes as a surprise and a reminder that there is no substitute of good scholarship. The first requirement of honest scholarship is to be suspicious of all past ideas and question every single data source. Piketty does just that. He shows respect towards past economists while critically questioning
Piketty has accomplished much with this work. Despite claims that it represents a Neo-Marxism it is anything but that, rather it is a return to Classical economics in the tradition of Adam Smith, Ricardo, and Marx synthesized with the rigor of 20th-century economics in the tradition of Fisher, Keynes, and Schumpeter. It is as its title implies a study of the nature of Capitalism not just economics or business but rather the whole system we find ourselves enmeshed in today. He begins the book
An illuminating treatise on the nature of wealth and inequality in the 19th, 20th, and 21st centuries. Highly recommended for anyone with any appetite at all for non-technical macroeconomics.Piketty has two major contributions to offer. First, he (and colleagues) have spent years piecing together a more extensive set of sources than ever previously assembled to paint an incredibly thorough picture of income, capital, and economic growth over the past 300 years. While I have no expertise in this
Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers. Thomas Piketty, Capital in the Twenty-First CenturyThis is one of those scholarly books that seem to end up being accidental cultural markers of time and place. I'm pretty sure Piketty wanted his book to be read/discussed/debated, and Belnap/Harvard Press certainly wanted it to be bought. But, I'm pretty sure neither the author nor the publisher was expecting it to
This book has extraordinary presence on the American scene today. Reviewing it is tricky, since there are so many competitors, along with so much bad discussion. Here, I won't summarize the tome, since others have already done so (Doug Henwood does the best job I've seen). Instead I'd like to note some key elements of content and style, which might be useful for other current or would-be readers.(I already did this from a half-way point, so this post is really a revision taking into account the
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