000 02217nam a2200229 a 4500
001 ASIN067443000X
003 OSt
005 20190522131237.0
008 141110s2014 xxu eng d
020 _a067443000X (hardcover)
_c$39.95
020 _a9780674430006 (hardcover)
037 _c4213.00 PKR
040 _cAUI
100 1 _aPiketty, Thomas.
_93356
245 1 0 _aCapital in the twenty-first century
_cThomas Piketty, Arthur Goldhammer.
260 _aCambridge
_bHarvard University
_c2013.
300 _aviii; 685 p.
520 _aWhat 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.
700 1 _aGoldhammer, Arthur.
_93357
856 4 0 _3Amazon.com
_uhttp://www.amazon.com/exec/obidos/ASIN/067443000X/chopaconline-20
942 _2ddc
_cBK
999 _c7460
_d7460