Capital in the Twenty-First Century

The grand dynamics of capital accumulation and distribution are at the forefront of this groundbreaking book, "Capital in the Twenty-First Century." Piketty's comprehensive analysis of data from 20 countries spanning centuries reveals patterns that will transform our understanding of economic growth and inequality.

He shows that while modern economic growth has allowed us to avoid apocalyptic levels of inequality predicted by Marx, the main driver of inequality - the tendency of returns on capital to exceed the rate of economic growth - threatens to generate extreme inequalities that undermine democratic values.

However, political action has curbed dangerous inequalities in the past and may do so again.

This work of extraordinary ambition, originality, and rigor reorients our understanding of economic history and provides sobering lessons for today.

Don't miss out on this thought-provoking and insightful book that will change the way you think about wealth and inequality.