Top positive review
Good read, but arduous. Pick chapters that interest you.
3 May 2019
I found this book quite fascinating. The author is able to weave through history of income inequality and juxtapose it with current data gathered from US, UK, France, China and India. Quite a good read.
However, the first 100, pages may be a bain to start. Keep at it and you will find the journey rewarding in the end.
Let me iterate this is not a casual reading book ... it is a serious study of the world's inequality and being quite voluminous requires significant ability to concentrate and maintain focus ...You also would need to have some understanding of basic economics to appreciate the work. Piketty, uses a lots of technical terms and rightly so perhaps, which refer to economics principles of demand and supply, r & g (rate of growth of capital vs growth of economy) at al, and lots of tables and charts. This is in that sense not a beginner's book. It's a book by an economist for economist. So don't be ashamed to skip sections of the book which are above you pay grade. There are a lot of interesting case studies, which buttress the central theme "Inequality and how money makes more money".
His proposal for Global Tax on Capital (as he himself puts it) is quite "utopian" in its construct. However it's a start, because the alternative of high tariffs and capital control is an unsatisfactory substitute.
My only advice is to not read the book from cover to cover and pick chapters which interest you. The second half of the book is really interesting. There are some good case studies, like the Havard University's $30 billion endowment and how they manage it, which are quite fascinating to read.
So don't miss those fascinating parts. To conclude I would say, Piketty has done a great job of harnessing data over several decades, curated, analysed and build a compelling case of " rising capital inequality", however, the proposed solution is quite ambitious and needs to be further fleshed out in context of global politics. Enjoy!