- 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)
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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Top Customer Reviews
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.
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.
Most Recent Customer Reviews
I have found most material in economics to be prejudiced - You will find people arguing in favor of free market despite the fact that the assumptions made in order for the free... Read morePublished 1 month ago by Amazon Customer
Poor presentation of important facts. Analysis is debatable.Published 5 months ago by Amazon Customer
The content is incredibly good but the book i received was definitely an old copy; a second hand one. Disappointed.Published 6 months ago by akshay
After a long time, a book that takes a macro economic view of the world with lots of data, incisive analysis and a humane approach.Published 15 months ago by George Thomas
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