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Capital in the Twenty-First Century MP3 CD – Import, 17 Jun 2014

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Description for 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 lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty 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 will transform debate and set the agenda for the next generation of thought about wealth and inequality.

Piketty 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. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again.

A work of extraordinary ambition, originality, and rigor, Capital in the Twenty-First Century reorients our understanding of economic history and confronts us with sobering lessons for today.

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Product details

  • MP3 CD
  • Publisher: Brilliance Corp; MP3 Una edition (17 June 2014)
  • Language: English
  • ISBN-10: 1491534656
  • ISBN-13: 978-1491534656
  • Product Dimensions: 13.3 x 1.7 x 17.1 cm
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (50 customer reviews)
  • Amazon Bestsellers Rank: #7,03,612 in Books (See Top 100 in Books)
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Customer Reviews

Top Customer Reviews

Format: Hardcover Verified Purchase
It is already a best seller in Europe and America and the phrases are real quotable quotes.Piketty has analyzed a wealth of data to come to his conclusions which never fail to surprise and stimulate.Consider the figures for per capita GDP in euros (based on purchase parity and not exchange rates(page 62):
Global 10,000 euros(Equivalent per capita monthly income760 euros)
Sub-Saharan Africa 2000 euros(Equivalent per capita monthly income150 euros)
India 3200 euros(Equivalent per capita monthly income 240 euros)
China 7700 euros(Equivalent per capita monthly income 580 euros)
Japan 30,000euros(Equivalent per capita monthly income2250 euros)
Asia 7000euros(Equivalent per capita monthly income 520 euros)
European union27300 euros(Equivalent per capita monthly income 2040 euros)
USA/Canada 40,000 euros(Equivalent per capita monthly income 3050euros)
At present India's per capita monthly income at 240 euros is near Sub-Saharan Africa with 150 euros and China with 580 euros is near the 520 euros Asian average.A far cry from the 3050 euros of USA.Before becoming an economic superpower India must move from the Sub-Saharan per capita monthly income of about 240 euros at present to at least the Asian average of 520 euros.This book is a must read for Indian politicians.Somehow it is perhaps intentionally,ignored by Indian savants.
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Format: Hardcover Verified Purchase
Very beautiful book. Anybody interested in politics, economics, history can very easily relate. No expertise is required. All concepts have been duely explained before utilization. Further, there is lot to learn and understand about political economy of largely rich world in general. The behaviour of capital and any working of any number of forces on it is explained.
The book did take time to finish
But somebody familier with economic concepts may find easy read.
The observations on prevalent inequality and its historical trajectory was very helpful to draw political case for interventions suggested.
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Format: Hardcover Verified Purchase
I read somewhere that this book topped the list of publications that were sold in large numbers but most people could never go beyond the first 100 pages... That perception is wrong.. I found it a little difficult to start with ... but prof. Piketty (and the translator) has done a wonderful job in keeping the whole subject interesting to read.. Major findings are often repeated in the book, emphasized upon and hence one never feels like putting it down after crossing the first 100 pages :) ...
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Format: Hardcover Verified Purchase
The content of this book is great but the pages are thin enough to make an impression of the text on the other side. But then again, considering the price and the thickness and most importantly the content, it's definitely worth it.
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Format: Kindle Edition
For a layman most books on economics are difficult to comprehend. There are too many equations and formulas. Mr Piketty has a much wider view that he successfully projects to his readers. One comes away with an understanding of the changes in incomes and wealth of different layers and segments of society over the past 300 to 400 years, and with a suggestion on how to overcome the worst weakness of capitalism as practiced today.
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Format: Hardcover Verified Purchase
Its an amazing in depth analysis of persisting inequalities in our society. Thanks to Mr. Piketty and his teams diligent research work, one can now reside to "data driven" debates on the reasons of inequalities and the way forward. Great work sir.
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Format: Hardcover Verified Purchase
Inquisitive read. Piketty explores the history of capital's evolution in the last three centuries with absolute panache. Economic concepts were lucidly explained. Must read for anyone who likes to understand how capital was, is and might become in the future.
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Format: Hardcover Verified Purchase
This is a classic economics work which prrsents the technicalities of economics in simple self explanatory language. It combines the theory with day to day experiences in a very reliable manner. It builds common economic sense about the vital questions of wealth and capital and their distribution.
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