Capital in the Twenty-First Century
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In 'Capital in the Twenty-First Century,' Thomas Piketty offered a new perspective on the issue that has been attracting increasing attention in recent decades - the problem of inequality. By analyzing a vast amount of data, the French economist discovered the following pattern. All else being equal, rapid economic growth reduces the role of capital and its concentration in private hands, leading to a reduction in inequality, while a slowdown in growth results in an increase in the importance of capital and a rise in inequality. In historical retrospect - and Piketty's book covers a vast period from the early 18th century to the present day - the increase in the influence of capital was interrupted only in the twentieth century as a result of two world wars and the Keynesian policies of the Glorious Thirty (1945-1975). Today, the world is returning to a situation where inequality is steadily increasing, which could lead to serious social and political consequences. However, unlike Karl Marx, with whom Piketty is often compared, the French economist does not limit himself to a gloomy assessment of the current situation and does not predict the collapse of the capitalist system. He proposes measures that could halt unfavorable trends. 2nd edition.
Author:
Author:Thomas Piketty
Cover:
Cover:hardcover with dust jacket
Category:
- Category:Politics & Social Science
Publication language:
Publication Language:Russian
Paper:
Paper:offset
Dimensions:
Dimensions:24x17.5x4.7 cm
Product type:
Product type:embossing volumetric
ISBN:
ISBN:978-5-91103-651-5
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