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020 _a9780674430006
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020 _a067443000X
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041 1 _aeng
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042 _apcc
050 0 0 _aHB501
_b.P43613 2014
082 0 0 _a332/.041
_223
084 _aQC 200
_2rvk
100 1 _aPiketty, Thomas,
_d1971-
240 1 0 _aCapital au XXIe siècle.
_lEnglish
245 1 0 _aCapital in the twenty-first century /
_cThomas Piketty ; translated by Arthur Goldhammer.
264 1 _aCambridge Massachusetts :
_bThe Belknap Press of Harvard University Press,
_c2014.
300 _aviii, 685 pages :
_billustrations ;
_c25 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
500 _aTranslation of the author's Le capital au XXIe siècle.
504 _aIncludes bibliographical references (pages 579-655) and index.
505 0 0 _gPart I.
_tIncome and capital.
_tIncome and output ;
_tGrowth : illusions and realities --
_gPart II.
_tThe dynamics of the capital/income ratio.
_tThe metamorphoses of capital ;
_tFrom old Europe to the new world ;
_tThe capital/income ratio over the long run ;
_tThe capital-labor split in the twenty-first century --
_gPart III.
_tThe structure of inequality.
_tInequality and concentration : preliminary bearings ;
_tTwo worlds ;
_tInequality of labor income ;
_tInequality of capital ownership ;
_tMerit and inheritance in the long run ;
_tGlobal inequality of wealth in the twenty-first century --
_gPart IV.
_tRegulating capital in the twenty-first century.
_tA social state for the twenty-first century ;
_tRethinking the progressive income tax ;
_tA global tax on capital ;
_tThe question of the public debt.
520 _aWhat 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.
546 _aTranslation of the author's Le capital au XXIe siècle.
650 0 _aCapital.
650 0 _aIncome distribution.
650 0 _aWealth.
650 0 _aLabor economics.
650 7 _aCapital.
_2fast
_0(OCoLC)fst00846272
650 7 _aIncome distribution.
_2fast
_0(OCoLC)fst00968670
650 7 _aLabor economics.
_2fast
_0(OCoLC)fst00989943
650 7 _aWealth.
_2fast
_0(OCoLC)fst01172973
650 7 _aArbeitsökonomie.
_2gnd
650 7 _aEinkommensverteilung.
_2gnd
650 7 _aKapital.
_2gnd
650 7 _aProduktionsfaktor.
_2gnd
650 7 _aWohlstand.
_2gnd
650 0 4 _aCapitalismo
_xHistoria.
650 0 4 _aRiqueza
_xHistoria.
650 0 4 _aIgualdad.
650 0 4 _aRenta
_xDistribución.
700 1 _aGoldhammer, Arthur,
_etranslator.
938 _aBrodart
_bBROD
_n108466124
938 _aBaker and Taylor
_bBTCP
_nBK0013950396
938 _aDawson Books
_bDAWN
_nDAW27098304
938 _aYBP Library Services
_bYANK
_n11260696
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