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Capital in the Twenty First Century

Thomas Piketty

Capital in the Twenty First Century

by Thomas Piketty

Capital in the Twenty First Century

Thomas Piketty

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Capital in the Twenty First Century is a comprehensive analysis of wealth inequality in the Western world throughout the past two centuries, and what it means for today's economy.

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Capital in the Twenty First Century

by Thomas Piketty

Capital in the Twenty First Century

Thomas Piketty

Overview

Karl Marx's three-volume magnum opus known as Capital has been one of history's most influential economic works, inspiring revolutions around the world and a debate over capitalism that continues to this day. But considering that Marx was writing in the 19th century, do his ideas need updating for the 21st?

Thomas Piketty is a French economist and Centennial Professor at the London School of Economics. In this book, translated to English by Arthur Goldhammer, Piketty takes a close look at the past two centuries of wealth and inequality in Europe and the U.S.

Using detailed historical data, Piketty provides a fresh critique that incorporates both its strengths and drawbacks of capitalism. By looking at how we got to where we are today, Capital in the Twenty-First Century gives us an idea of where we might go next.

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"The right solution is a progressive annual tax on capital. This will make it possible to avoid an endless inegalitarian spiral while preserving competition and incentives for new instances of primitive accumulation."

Thomas Piketty

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Capital in the Twenty First Century

Thomas Piketty

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