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 la...

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Main Author: Piketty, Thomas, 1971- (Author)
Other Authors: Goldhammer, Arthur (Translator)
Format: Books Print Book
Language: English
French
Published: Cambridge Massachusetts : The Belknap Press of Harvard University Press, 2014.
Subjects:
Table of Contents:
  • Introduction
  • Income and capital : Income and output ; Growth: illusions and realities
  • The dynamics of the capital/income ratio : The metamorphoses of capital ; From old Europe to the new world ; The capital/income ratio over the long run ; The capital-labor split in the twenty-first century
  • The structure of inequality : Inequality and concentration: preliminary bearings ; Two worlds ; Inequality of labor income ; Inequality of capital ownership ; Merit and inheritance in the long run ; Global inequality of wealth in the twenty-first century
  • Regulating capital in the twenty-first century : A social state for the twenty-first century ; Rethinking the progressive income tax ; A global tax on capital ; The question of the public debt
  • Conclusion.