Summary Capital In The Twenty First Century By Thomas Piketty
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Capital In The Twenty First Century
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Author : Thomas Piketty
language : en
Publisher: Harvard University Press
Release Date : 2017-08-14
Capital In The Twenty First Century written by Thomas Piketty and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-14 with Business & Economics categories.
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.
Capital In The Twenty First Century
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Author : Instaread
language : en
Publisher: Instaread Summaries
Release Date : 2016-06-06
Capital In The Twenty First Century written by Instaread and has been published by Instaread Summaries this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-06 with Business & Economics categories.
Capital in the Twenty-First Century by Thomas Piketty | Summary & Analysis Preview: Thomas Piketty’s Capital in the Twenty-First Century is a study of inequity, both historically and in the present. The book describes how the concentration of wealth has changed over time. Its central thesis is that return on capital is greater than growth over time, which means that capital and inequality inevitably increase. The book also considers the ways governments might address the increasing concentration of wealth in the future. Many economists have argued that increasing worker productivity in the modern era will inevitably result in reduced inequality. The historical record suggests that this is untrue. For most of history, there has been a huge gap between the rich and poor with no real middle class. That changed in developed countries during the twentieth century for a number of reasons. First, two world wars caused massive shocks to the status quo and resulted in severe losses to many holders of capital… PLEASE NOTE: This is key takeaways and analysis of the book and NOT the original book. Inside this Instaread Summary of Capital in the Twenty-First Century: · Overview of the Book · Important People · Key Takeaways · Analysis of Key Takeaways About the Author With Instaread, you can get the key takeaways, summary and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.
Summary Capital In The Twenty First Century By Thomas Piketty
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Author : Shortcut Edition
language : en
Publisher: Shortcut Edition
Release Date : 2021-05-31
Summary Capital In The Twenty First Century By Thomas Piketty written by Shortcut Edition and has been published by Shortcut Edition this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-31 with Business & Economics categories.
* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. *By reading this summary, you will learn that the very unequal global distribution of wealth in the 21st century is likely to increase in worrying proportions if nothing is done to curb this trend. *You will also discover that : capital, at all times, tends to be concentrated in a few hands or countries; only a succession of world wars and crises has made it possible to redistribute wealth more equitably; strong growth allows more equal access to wealth, but this is only a short-term solution; no natural phenomenon has ever controlled or limited the accumulation of capital ; only a progressive tax on wealth would make it possible to curb the inequalities caused by capitalism. *Capital in the 21st century is an ambitious work: it draws up, for the very first time, a global panorama of the distribution of wealth from the 18th century to the present day, based on the most reliable international data on income and wealth. *Previously, most of the economists who have marked history, from Malthus to Kuznets to Marx, lacked not only hindsight but also reliable sources, when they did not use the latter for ideological or political purposes. *Yet it is clear that, over three centuries, the distribution of wealth is as much linked to economic factors as to political and social choices. *Buy now the summary of this book for the modest price of a cup of coffee!
Summary Of Capital In The Twenty First Century
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Author : Instaread
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2016-06-06
Summary Of Capital In The Twenty First Century written by Instaread and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-06 with categories.
Summary of Capital in the Twenty-First Century by Thomas Piketty | Includes Analysis Preview: Thomas Piketty's Capital in the Twenty-First Century is a study of inequity, both historically and in the present. The book describes how the concentration of wealth has changed over time. Its central thesis is that return on capital is greater than growth over time, which means that capital and inequality inevitably increase. The book also considers the ways governments might address the increasing concentration of wealth in the future. Many economists have argued that increasing worker productivity in the modern era will inevitably result in reduced inequality. The historical record suggests that this is untrue. For most of history, there has been a huge gap between the rich and poor with no real middle class. That changed in developed countries during the twentieth century for a number of reasons. First, two world wars caused massive shocks to the status quo and resulted in severe losses to many holders of capital... PLEASE NOTE: This is key takeaways and analysis of the book and NOT the original book. Inside this Instaread Summary of Capital in the Twenty-First Century: · Overview of the Book · Important People · Key Takeaways · Analysis of Key Takeaways About the Author With Instaread, you can get the key takeaways, summary and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.
Capital In The Twenty First Century
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Author : Thomas Piketty
language : en
Publisher: Harvard University Press
Release Date : 2017-08-14
Capital In The Twenty First Century written by Thomas Piketty and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-14 with Business & Economics categories.
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.
Capital In The Twenty First Century By Thomas Piketty
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Author : Brief and to the Point Publishing
language : en
Publisher:
Release Date : 2014-06-30
Capital In The Twenty First Century By Thomas Piketty written by Brief and to the Point Publishing and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-30 with Capital categories.
WARNING: This is not the actual book Capital in the Twenty-First Century by Thomas Piketty. Do not buy this if you are looking for a full copy of this book. Summary of Thomas Piketty's book. In the U.S., for the last 40 years, the top 1 percent of the population have drastically increased their share in total income. Piketty explains issues of income concentration and provides an analysis of capitalism. He demonstrates that the rising inequality is a crucial part of modern capitalism. Check out new books by I.K. Mullins: ”> Business Adventures by John Brooks (Bill Gates' Favorite Business Book) - Summary, Key Ideas and Facts ”> Think Like a Freak: The Authors of Freakonomics Offer to Retrain Your Brain by Steven D. Levitt and Stephen J. Dubner - Summary, Key Facts and Ideas ”> One Nation: What We Can All Do to Save America's Future by Ben Carson, Candy Carson - Summary, Key Facts and Ideas--------------------This is not Piketty's book. This is a summary of Piketty's book. It provides a detailed and concise description of the books' content, key ideas and facts. Book summaries published by Brief, Concise and to the Point Publishing are designed to keep readers up to date and knowledgeable regarding new and significant books. Book summaries are perfect for people, especially busy professionals, who do not have the time to read books in their entirety. The main benefits of reading book summaries published by Brief, Concise and to the Point Publishing:1. Our book summaries help you save your time and money. Instead of spending days or even weeks reading an important book, simply take one or two hours to read our concise book summary. It will introduce you to the book's primary content, ideas, arguments and facts. It will also help you decide whether it is worthwhile to invest your time and money in the entire book. 2. Our book summaries are truly comprehensive. Some other publishers' superficial book summaries do not exceed 15 to 20 pages, although they are presented as lengthy summaries. Our extensive book summaries include all the essential information you need to know.3. Our books help you retain more information pertaining to the book's content. Academic studies have proven that people retain more of what they read in a summary as compared with what they remember after reading a book. Please note that according to the U.S. copyright law, the ideas and facts presented in books, as well as book titles, are not protected by copyright law.
Thomas Piketty S Capital In The Twenty First Century
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Author : Stephan Kauffmann
language : en
Publisher: Verso Books
Release Date : 2017-08-01
Thomas Piketty S Capital In The Twenty First Century written by Stephan Kauffmann and has been published by Verso Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-01 with Political Science categories.
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'.
Capital In The Twenty First Century
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Author : Nick Broten
language : en
Publisher: CRC Press
Release Date : 2017-07-05
Capital In The Twenty First Century written by Nick Broten and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-05 with Business & Economics categories.
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.
Summary Of Capital In The Twenty First Century
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Author : Elite Summaries
language : en
Publisher:
Release Date : 2016-07-17
Summary Of Capital In The Twenty First Century written by Elite Summaries and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-17 with categories.
Capital in the Twenty-First Century: by Thomas Piketty | Summary & Analysis A Smarter You In 15 Minutes... What is your time worth? Economics inequality, uneven concentration of wealth, and prospects of economic growth will stay amongst the top of the world's issues list of all time. Modernization of economic growth as well as more even spread of knowledge have played a great role in minimizing inequalities at least to a lesser extent than what Karl Marx has predicted. However, the tendency of returns on capital to exceed economic growth rate still aids to the creation of significant inequality. Brilliantly added with empirical data and not just arguments, "Capital in the Twenty First Century" provides a comparative historical research on income inequality that is definitive, fresh, and enlightening. A major work on inequalities throughout economic history, "Capital in the Twenty First Century" uncovers major economic and social patterns, providing answers through a vast collection of data to supplement the already provided clear guiding theories. This book is extraordinarily ambitious and rigor, aiming to reorient the reader's understanding of the history of economy. Further, the readers will be confronted by awakening economic lessons in today's modern life. It is monumental and influential especially with regard to making an economic analysis. Written by a renowned French economist, Thomas Piketty, "Capital in the Twenty First Century" is one of the most important books of the year, if not of the decade. It compares history and its relevance in the modern day society. Detailed overview of the book Most valuable lessons and information Key Takeaways and Analysis Take action today and grab this best selling book for a limited time discount of only $6.99! Written by Elite Summaries Please note: This is a detailed summary and analysis of the book and not the original book. keyword: Capital in the Twenty-First Century, Capital in the Twenty-First Century book, Capital in the Twenty-First Century ebook, Capital in the Twenty-First Century kindle, Capital in the Twenty-First Century paperback, Thomas Piketty
Understanding Piketty S Capital In The Twenty First Century
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Author : Steven Pressman
language : en
Publisher: Routledge
Release Date : 2015-10-05
Understanding Piketty S Capital In The Twenty First Century written by Steven Pressman and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-05 with Business & Economics categories.
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.