Capital in the Twenty-First Century. Book Summary

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Thomas Piketty

What’s inside

Thomas Piketty’s ‘Capital in the Twenty-First Century’ analyzes wealth concentration and distribution over the past 250 years. It argues that the rate of capital return in developed countries is persistently greater than the rate of economic growth, leading to wealth inequality.

You’ll Learn

  • Understanding the dynamics of economic inequality
  • Gaining insight into the history of wealth distribution
  • Learning about the potential impact of economic policies on inequality
  • Considering the sustainability of current economic structures

Key Points

  • The historical dynamics of wealth and income inequality
  • The central contradiction of capitalism: r > g
  • The role of capital in the twenty-first-century economy
  • Policy recommendations to mitigate inequality
  • Critique of the modern economic system and its sustainability
  • Analysis of past and future global economic prospects

Who’s it For

  • Economists
  • Policy Makers
  • Social Scientists
  • Students of Economics
  • Political Activists

About the author

Thomas Piketty is a French economist whose work focuses on wealth and income inequality. He is a professor at the EHESS and at the Paris School of Economics.