Thomas Piketty, Arthur Goldhammer / Capital in the Twenty-First Century 2014

Description: Capital in the Twenty-First Century Author: Piketty, Thomas; Goldhammer, Arthur (Translator) Title: Capital in the Twenty-First Century Publication: Cambridge Massachusetts: The Belknap Press of Harvard University Press, 2014 Edition: First ed., later printing (unstated) Description: Hardcover. viii, 685 pages: illustrations; 25 cm. Fine in fin jacket with extremely minor wear. Now in archival mylar. Translation of the author's Le capital au XXIe siècle. / "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 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." —Jacket. // ** A heavy item. Extra charges may be requested for priority or international postage.**. Seller ID: 102057 Subject: Business & Economics BIBLIOPE by CALVELLO BOOKS Fine & Unusual Books, Art & Collectibles. Since 1987. Terms All items are guaranteed to be as described or they may be returned within 30 days of receipt for a full refund.This listing was created by Bibliopolis.

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End Time: 2025-02-02T03:35:08.000Z

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