- Publisher: Belknap Press; 3rd edition (2014)
- Language: English
- ISBN-10: 8937834693
- ISBN-13: 978-8937834691
- Product Dimensions: 9.4 x 6.3 x 2 inches
- Shipping Weight: 2.8 pounds
- Average Customer Review: 4.7 out of 5 stars See all reviews (11 customer reviews)
- Amazon Best Sellers Rank: #820,091 in Books (See Top 100 in Books)
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Capital in the Twenty-First Century Hardcover – 2014
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Top Customer Reviews
1. Economics, if it is a science, is a social science, related to and informed by history. A profusion of equations does not worthwhile precision in policy make, and Professor Piketty's references to novels of Balzac and Austen remind us that the views and observations of novelists hundreds of years ago are still meaningful and relevant now; and
2. It is foolish to assume that capitalism and neo-liberalism automatically guarantee al cure all mankind's ills, or at least guarantee that none proliferate. Finding a social order acceptable to all and dealing with the rights and duties of every member of society to every other member is not likely to occur by accident, nor is it the assured by-product of liberalism, or any other political or economic theory.
I recommend this, even (especially) to those who find his conclusions and recommendations unappealing or wrong-headed. Professor Piketty's policy recommendation, a tax on capital, and his clear-eyed analysis deserves to be considered, even by those who find the recommendation dangerous or foolish. His research is available to all, and those with other inclinations and policy recommendations should see this book as a challenge to sharpen arguments and test positions.Read more ›
The Piketty’s book is quite extensive, so take some solid amount of time for its nearly 700 pages that will definitely not disappoint you, but do not expect to read them as some light novel. ‘Capital in the Twenty-First Century’ is divided into four major units – ‘Income and Capital’, ‘The Dynamics of the Capital/Income Ratio’, ‘The Structure of Inequality’ and ‘Regulating Capital in the Twenty-First century’- and as good add-on that is for such a book mandatory supplement, the author at the end of the text added Index, his notes, contents in detail and list of book tables and illustrations.
At the very beginning Thomas Piketty raises significant questions which answer why he decided to write his book – “…But what do we really know about the distribution of wealth over the long term? Do the dynamics of private capital accumulation inevitably lead to the concentration of wealth in ever fewer hands, as Karl Marx believed in the nineteenth century? Or do the balancing forces of growth, competition, and technological progress lead in later stages of development to reduced inequality and greater harmony among the classes, as Simon Kuznets thought in the twentieth century? What do we really know… and what lessons can we derive from that knowledge for the century now under way?Read more ›
Very dense, and obscure for the non-academic, this is not a fast weekend read.
If I start out repeating or commenting on this approximately 700 page book the review will end up a 1400 page review.
I came to this book after reading hundreds of reviews (some just soapbox rants.) Some of the reviews are quite profound. But now it is time to look at the source and not opinions; that is other than mine.
This capital book is not really a book about "Capital" as much as how to keep capital in line with entities such as democracy vs. oligarchy.
So Tomas Piketty really puts his foot in it when it comes to people that do not want to hear about this and spend time arguing about methods of taxation and distribution without addressing the actual premise.
I think the value in this book is by bringing out old and new information and observations by the author's extrapolation thus creating a dialog among readers on the possible futures and whether intervention or insight will have any effect for better or worse.
Most Recent Customer Reviews
this is destined to become a classic in economics. it up-ends most of we learned as undergraduates.Published 12 months ago by Donald C Rau
briefly this book will tell us the historical impact of industrial revolution , major wars and government policy changes on the Capitals. It is a difficult book to read. Read morePublished 15 months ago by Enochyasuda
The invaluable contribution that this book makes to the raging debate in the West - and especially in the US - over what kind of economy and, thereby implicitly, what kind of... Read morePublished 19 months ago by Zachary Smith
Piketty explains how the top wealth
holders have been growing their wealth
at an increasing rate. Read more