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Capital in the Twenty-First Century by [Piketty, Thomas]
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The main driver of inequality--returns on capital that exceed the rate of economic growth--is again threatening to generate extreme discontent and undermine democratic values. Thomas Piketty's findings in this ambitious, original, rigorous work will transform debate and set the agenda for the next generation of thought about wealth and inequality.

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  • Format: Kindle Edition
  • File Size: 8954 KB
  • Print Length: 696 pages
  • Publisher: Harvard University Press (10 March 2014)
  • Sold by: Amazon Australia Services, Inc.
  • Language: English
  • ASIN: B00I2WNYJW
  • Text-to-Speech: Enabled
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  • Enhanced Typesetting: Enabled
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (9 customer reviews)
  • Amazon Bestsellers Rank: #25,532 Paid in Kindle Store (See Top 100 Paid in Kindle Store)

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Format: Kindle Edition
*A full executive summary of this book is available at newbooksinbrief dot com.

The main argument: The unequal distribution of wealth in the developed world has become a significant issue in recent years. Indeed, the data indicate that in the past 30 years the incomes of the wealthiest have surged into the stratosphere (and the higher up in the income hierarchy one is, the greater the increase has been), while the incomes of the large majority have stagnated. This has led to a level of inequality in wealth in the developed world not seen since the eve of the Great Depression. This much is without dispute.

Where there is dispute is in trying to explain just why the rise in inequality has taken place (and whether, and to what degree, it will continue in the future); and, even more importantly, whether it is justified. These questions are not merely academic, for the way in which we answer them informs public debate as well as policy measures--and also influences more violent reactions. Indeed, we need look no further than the recent Occupy Movement to see that the issue of increasing inequality is not only pressing, but potentially incendiary.

Given the import and the polarizing nature of the issue of inequality, it is all the more crucial that we begin by way of shedding as much light on the situation as possible. This is the impetus behind Thomas Piketty's new book Capital in the Twenty-First Century.

One of Piketty's main concerns in the book is to put the issue of inequality in its broader historical context.
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Clearly written, impeccably researched, even-handed, sane. Lives up to the hype completely. I read this on holidays for fun, and enjoyed it. I'm a student in English literature, and I still understood it! Highly recommended.
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A book of economic prophecy that has been validated less than a year after its publication. Given the increasingly adverse economic conditions of the lower income and middle income classes, this book is set to be the new Capital, albeit much better supported than Marx's seminal piece. If there must be any disclaimer, it's that this book is has terrifying implications. For those ready to stare into the dragon's maw, and perhaps even challenge the beast, this book is indispensable.
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Well written, interesting and highly relevant. It is similar to what Robert Reich has been saying for a long time but with some real facts to back it up and a lot of good background
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I am not an economist, and not good with numbers, therefore the going was tough in some parts of the book, but Picketty politely asks for the readers patience and perserverance and gently takes your hand and guides you through these intense patches. This book is an absolute must read. It is a book of its time. Highly recommended.
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