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Capital in the Twenty-First Century

Capital in the Twenty-First Century

Lowest online price: 1,495.00 1,116 (25% off)
Language English
Contributor(s) Thomas Piketty, Arthur Goldhammer
Binding Hardcover
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Overview: Capital in the Twenty-First Century

A book by French economist Thomas Piketty, Capital in the Twenty First Century focuses on wealth and income inequality in Europe and US in the eighteenth century.


Originally, this educative and informative book was published in French in 2013, its original title being La Capital au XXle siècle. The book was then translated in English by Arthur Goldhammer and released in April 2014. The French version of the book was published by Editions de Seuil, while the translated text was released by the Harvard University Press.


The book is an interesting read for anyone interested in history, economics and the ways of the world. The crux of the book is mainly the causes of concentration of wealth due to the rate of economic growth being greater than the rate of return on capital, and how this results in social and economic instability. The writer in an extremely comprehensive manner further proposes a global system of progressive wealth taxes to help reduce this inequality.


The credibility of the book can be easily understood by the number one rank it grabbed on The New York Times best-selling hardcover non-fiction list dated May 18 2014. The Nobel Prize winning economist Paul Krugman described the book as a "magnificent, sweeping meditation on inequality" and as one of the most important economics book of the year or even the decade. The book has also been applauded by many renowned people of the economic world, including Steven Pearlstein, Branko Milanovic, Robert Solow and many more.


The writer explores how inequality of wealth in the world is not an accident but the result of capitalism. According to Piketty, these circumstances should be changed through state interventionism otherwise the very democratic order shall be under threat. The author's analysis and argument is based on a formula. Inequality was reduced between 1930 and 1975 due to unique circumstances like the World Wars, the Great Depression and the debt-fuelled recession. The book argues that due to inherited wealth the world is returning towards "patrimonial capitalism". The book hence makes for an enlightening read. Thomas Piketty is a notable French economist who has won several prestigious awards for his works including the Yrjö Jahnsson Award in 2013. He was educated at the London School of Economics where he received his doctorate at the young age of 22. This hardcover book can be ordered online with the ISBN number 10 of 067443000X and ISBN number 13 of 978-0674430006.

Features: Capital in the Twenty-First Century

  • Belknap Press
Product Details
Language English
Publication Date May 12, 2014
Publisher Harvard Business School Press India Limited
Contributor(s) Thomas Piketty, Arthur Goldhammer
Binding Hardcover
Edition 0
Page Count 696
ISBN 10 067443000X
ISBN 13 9780674430006
Dimensions and Weight
Product Weight 1.2 kg
Product Dimensions 4.4 cm x 16.5 cm x 23.5 cm
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