Political action has indeed curbed inequalities in the past. Capital in this new century reorients our understanding and confronts us with lessons. Thomas Piketty is an economist who was born and raised in France and who works on the principles of wealth and income inequality. He won the prize for the best young economist in France in He is a professor at the Ecole des hautes etudes en sciences sociales and an associate chair at the Paris School of Economics.
The book is available online for convenient shopping. You can bag this book from Amazon. Thomas Piketty's Capital in the Twenty-First Century laid bare the deep structural forces that have made our brave new neoliberal economic order so dangerously topheavy and unstable.
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It will take its place among other classics in the field that have survived changing theoretical and political fashions, such as its namesake by Karl Marx Das Kapital, or other ambitiously titled books such as John Maynard Keynes's The General Theory of Employment, Interest, and Money Anyone who wants to engage in an informed discussion about the economic landscape will have to read Piketty. Piketty's Capital feels very much like a Category 4 hurricane that hasn't yet made landfall Piketty draws on a vast store of historical data to argue that the broad dissemination of wealth that occurred during the decades following World War I was not, as economists then mistakenly believed, a natural state of capitalist equilibrium, but rather a halcyon interval between Belle poque inequality and the rising inequality of our own era Piketty's most provocative argument is that the discrepancy between the high returns to capital and much more modest overall economic growth--briefly annulled during the mid-century--ensures that the gulf between the rich who profit from capital investments and the middle class who depend chiefly on income from labor will only continue to grow The best reason to raise tax rates is not to punish the rich, of course, but to raise the revenue which the United States needs to invest in infrastructure and research, not to mention to pay for Social Security and health care.
That investment gap poses a clear and present danger to American global economic leadership. Rising inequality exacerbates the problem by sapping the collective political will needed to address the problem. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required. Would you like to tell us about a lower price? If you are a seller for this product, would you like to suggest updates through seller support?
Understand the grand dynamics that drive the accumulation of capital This book, 'Capital in the Twenty-First Century' addresses your thought provoking questions about various aspects of capital and its flow.
Get into the depths of the 21st century capital flow Thomas Piketty analyses the 21st century capital flow by taking up data from twenty countries that dates back to the eighteenth century, to uncover the key secrets behind social and economic patterns. Join Piketty tried to uncover the reasons of inequality The main cause of this inequality is the return tendency on capital to exceed the rate of economic growth, which threatens to generate extreme gaps of inequality leading to public discontent.
About the Author Thomas Piketty is an economist who was born and raised in France and who works on the principles of wealth and income inequality. Read more Read less. Save Extra with 4 offers. Frequently bought together. Add all three to Cart.
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Management without theory for the twenty-first century
The Wealth of Nations. Adam Smith. The Economics of Inequality.
Thomas Piketty. The Price of Inequality. Poonji 21 sadi mein - Capital in the 21st Century. To get the free app, enter mobile phone number.
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William Dalrymple. Saving Capitalism From The Capitalists. Raghuram Rajan. Previous page. Next page. Customer reviews. Share your thoughts with other customers. Write a product review. Customer images. See all customer images. Since the beginning of the twenty-first century, there has been an increasing need to examine each method's added value to the better understanding of Mark's Gospel. In this volume, forty-two researchers reflect on the success of the various approaches.
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