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Resumen del Editor
What 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 20 countries, ranging as far back as the 18th 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.
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What kind of mischief can result from misunderstanding the monetary system? The work of 2 obscure Scottish chemists destroyed the presidential prospects of William Jennings Bryan, as well as Franklin D. Roosevelt's decision to appease a few senators from the American West who helped communism triumph in China, are just 2 such mishaps cited in this important work by Nobel Prize-winning economist Milton Friedman. This accessible work also provides an in-depth discussion on the creation of value.
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This book is not unabridged.
- De James en 01-18-09
De: Milton Friedman
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50 Economics Classics
- Your Shortcut to the Most Important Ideas on Capitalism, Finance, and the Global Economy
- De: Tom Butler-Bowdon
- Narrado por: John Chancer
- Duración: 15 h y 22 m
- Versión completa
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Economics drives the modern world and shapes our lives, but few of us feel we have time to engage with the breadth of ideas in the subject. 50 Economics Classics is the smart person's guide to two centuries of discussion of finance, capitalism, and the global economy. From Adam Smith's Wealth of Nations to Thomas Piketty's best-seller Capital in the Twenty-First Century, here are the great books and seminal ideas, clarified and illuminated for all.
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Dead Aid
- Why Aid Is Not Working and How There Is a Better Way for Africa
- De: Dambisa Moyo, Niall Ferguson - foreword
- Narrado por: Mike Chamberlain
- Duración: 6 h y 29 m
- Versión completa
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A national best-seller, Dead Aid unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined - and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a bold new road map for financing the development of the world's poorest countries.
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Dangerous / Right Wing US view
- De David O'Donovan en 03-05-19
De: Dambisa Moyo, y otros
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How Are You Going to Pay for That?
- Smart Answers to the Dumbest Question in Politics
- De: Ryan Cooper
- Narrado por: Ryan Cooper
- Duración: 8 h y 22 m
- Versión completa
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How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Yay, Taxes!!!
- De Luvelway en 02-19-24
De: Ryan Cooper
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The End of Alchemy
- Money, Banking, and the Future of the Global Economy
- De: Mervyn King
- Narrado por: Greg Wagland
- Duración: 14 h y 3 m
- Versión completa
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Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his 10 years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy, he offers us an essential work about the history and future of money and banking, the keys to modern finance.
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Two books in one, both very fine
- De Philo en 07-13-16
De: Mervyn King
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Why Save the Bankers?
- And Other Essays on Our Economic and Political Crisis
- De: Thomas Piketty, Seth Ackerman - translator
- Narrado por: LJ Ganser
- Duración: 5 h y 1 m
- Versión completa
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Thomas Piketty's work has proved that unfettered markets lead to increasing inequality. Without meaningful regulation, capitalist economies will concentrate wealth in an ever smaller number of hands. Armed with this knowledge, democratic societies face a defining challenge: fending off a new aristocracy. For years Piketty has wrestled with this problem in his monthly newspaper column, which pierces the surface of current events to reveal the economic forces underneath.
De: Thomas Piketty, y otros
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Red Flags
- Why Xi's China Is in Jeopardy
- De: George Magnus
- Narrado por: Derek Perkins
- Duración: 9 h y 59 m
- Versión completa
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Historia
Over the past four decades, China's remarkable transformation has garnered admiration but also sparked concern. George Magnus draws on his intimate knowledge of this dynamic nation to uncover the origins of its ascent and show why the economic traps it faces at home and the political challenges it faces abroad pose a serious threat to its continued rise.
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A pessimistic vision with western liberal bias
- De Jeronimo L. Jimenez en 10-23-20
De: George Magnus
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The Shifts and the Shocks
- What We've Learned - and Have Still to Learn - from the Financial Crisis
- De: Martin Wolf
- Narrado por: Sean Pratt
- Duración: 14 h y 53 m
- Versión completa
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The Shifts and the Shocks is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us about modern economies and economics. The audiobook identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system.
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Good on Europe's problems, fair global update
- De Philo en 01-08-15
De: Martin Wolf
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A Generation of Sociopaths
- How the Baby Boomers Betrayed America
- De: Bruce Cannon Gibney
- Narrado por: Wayne Pyle
- Duración: 14 h y 49 m
- Versión completa
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What happens when a society is run by people who are antisocial? Welcome to baby boomer America. In A Generation of Sociopaths, Bruce Cannon Gibney shows how America was hijacked by the boomers, a generation whose reckless self-indulgence degraded the foundations of American prosperity.
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Honest introspection required
- De Niki en 03-31-17
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Economics for the Common Good
- De: Jean Tirole, Steven Rendell - translator
- Narrado por: Jonathan Davis
- Duración: 18 h y 54 m
- Versión completa
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General
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Historia
When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a "dismal science," is a positive force for the common good.
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A Great Overview of the Challenges of Modern Econ
- De Zach Sullivan en 08-06-18
De: Jean Tirole, y otros
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Fault Lines
- How Hidden Fractures Still Threaten the World's Economy
- De: Raghuram Rajan
- Narrado por: Richard Davidson
- Duración: 12 h y 58 m
- Versión completa
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Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines, Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed.
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A REAL SNOOZER
- De Frank en 12-02-10
De: Raghuram Rajan
Las personas que vieron esto también vieron...
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Capital and Ideology
- De: Thomas Piketty, Arthur Goldhammer - translator
- Narrado por: Rick Adamson
- Duración: 48 h y 57 m
- Versión completa
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General
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Narración:
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Historia
Thomas Piketty’s best-selling Capital in the Twenty-First Century galvanized global debate about inequality. In this audacious follow-up, Piketty challenges us to revolutionize how we think about politics, ideology, and history. He exposes the ideas that have sustained inequality for the past millennium, reveals why the shallow politics of right and left are failing us today, and outlines the structure of a fairer economic system.
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Big thinking at its finest
- De Amazon Customer en 03-20-20
De: Thomas Piketty, y otros
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The Origins of Political Order: From Prehuman Times to the French Revolution
- De: Francis Fukuyama
- Narrado por: Jonathan Davis
- Duración: 22 h y 34 m
- Versión completa
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General
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Narración:
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Historia
Virtually all human societies were once organized tribally, yet over time most developed new political institutions which included a central state that could keep the peace and uniform laws that applied to all citizens. Some went on to create governments that were accountable to their constituents. We take these institutions for granted, but they are absent or are unable to perform in many of today’s developing countries—with often disastrous consequences for the rest of the world.
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Few forests, but lots of trees
- De Steve Pagano en 10-05-15
De: Francis Fukuyama
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Prediction Machines
- The Simple Economics of Artificial Intelligence
- De: Ajay Agrawal, Joshua Gans, Avi Goldfarb
- Narrado por: LJ Ganser
- Duración: 7 h y 50 m
- Versión completa
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General
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Historia
Artificial intelligence does the seemingly impossible - driving cars, trading stocks, and teaching children. But facing the sea change that AI will bring can be paralyzing. How should companies set strategies, governments design policies, and people plan their lives for a world so different from what we know? In Prediction Machines, three eminent economists recast the rise of AI as a drop in the cost of prediction. With this single, masterful stroke, they lift the curtain on the AI-is-magic hype and show how basic tools from economics provide clarity about the AI revolution and a basis for action by CEOs, managers, policy makers, investors, and entrepreneurs.
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Not sure what I was expecting, but underwhelmed
- De William J Brown en 09-27-18
De: Ajay Agrawal, y otros
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Cloudmoney
- Cash, Cards, Crypto, and the War for Our Wallets
- De: Brett Scott
- Narrado por: Coleman Pedigo
- Duración: 8 h y 51 m
- Versión completa
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General
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Narración:
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Historia
In Cloudmoney, Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash.
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Suspicions and grievances instead of arguments
- De Holger en 03-09-23
De: Brett Scott
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A Brief History of Equality
- De: Thomas Piketty
- Narrado por: Fred Sanders
- Duración: 8 h y 43 m
- Versión completa
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General
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Narración:
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Historia
The world’s leading economist of inequality presents a short but sweeping and surprisingly optimistic history of human progress toward equality despite crises, disasters, and backsliding, a perfect introduction to the ideas developed in his monumental earlier books.
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Excellent, more accessable, contribution.
- De P. Dean en 09-30-22
De: Thomas Piketty
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Democracy in One Book or Less
- How It Works, Why It Doesn’t, and Why Fixing It Is Easier Than You Think
- De: David Litt
- Narrado por: David Litt
- Duración: 11 h y 51 m
- Versión completa
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General
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Narración:
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Historia
Bill Bryson meets Thomas Frank in this deeply insightful, unexpectedly hilarious story of how politicians hijacked American democracy and how we can take it back.
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Thanks Litt.
- De Andy en 10-06-20
De: David Litt
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Capital and Ideology
- De: Thomas Piketty, Arthur Goldhammer - translator
- Narrado por: Rick Adamson
- Duración: 48 h y 57 m
- Versión completa
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General
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Narración:
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Historia
Thomas Piketty’s best-selling Capital in the Twenty-First Century galvanized global debate about inequality. In this audacious follow-up, Piketty challenges us to revolutionize how we think about politics, ideology, and history. He exposes the ideas that have sustained inequality for the past millennium, reveals why the shallow politics of right and left are failing us today, and outlines the structure of a fairer economic system.
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Big thinking at its finest
- De Amazon Customer en 03-20-20
De: Thomas Piketty, y otros
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The Origins of Political Order: From Prehuman Times to the French Revolution
- De: Francis Fukuyama
- Narrado por: Jonathan Davis
- Duración: 22 h y 34 m
- Versión completa
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General
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Narración:
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Historia
Virtually all human societies were once organized tribally, yet over time most developed new political institutions which included a central state that could keep the peace and uniform laws that applied to all citizens. Some went on to create governments that were accountable to their constituents. We take these institutions for granted, but they are absent or are unable to perform in many of today’s developing countries—with often disastrous consequences for the rest of the world.
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Few forests, but lots of trees
- De Steve Pagano en 10-05-15
De: Francis Fukuyama
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Prediction Machines
- The Simple Economics of Artificial Intelligence
- De: Ajay Agrawal, Joshua Gans, Avi Goldfarb
- Narrado por: LJ Ganser
- Duración: 7 h y 50 m
- Versión completa
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General
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Narración:
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Historia
Artificial intelligence does the seemingly impossible - driving cars, trading stocks, and teaching children. But facing the sea change that AI will bring can be paralyzing. How should companies set strategies, governments design policies, and people plan their lives for a world so different from what we know? In Prediction Machines, three eminent economists recast the rise of AI as a drop in the cost of prediction. With this single, masterful stroke, they lift the curtain on the AI-is-magic hype and show how basic tools from economics provide clarity about the AI revolution and a basis for action by CEOs, managers, policy makers, investors, and entrepreneurs.
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Not sure what I was expecting, but underwhelmed
- De William J Brown en 09-27-18
De: Ajay Agrawal, y otros
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Cloudmoney
- Cash, Cards, Crypto, and the War for Our Wallets
- De: Brett Scott
- Narrado por: Coleman Pedigo
- Duración: 8 h y 51 m
- Versión completa
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General
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Narración:
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Historia
In Cloudmoney, Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash.
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Suspicions and grievances instead of arguments
- De Holger en 03-09-23
De: Brett Scott
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A Brief History of Equality
- De: Thomas Piketty
- Narrado por: Fred Sanders
- Duración: 8 h y 43 m
- Versión completa
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General
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Narración:
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Historia
The world’s leading economist of inequality presents a short but sweeping and surprisingly optimistic history of human progress toward equality despite crises, disasters, and backsliding, a perfect introduction to the ideas developed in his monumental earlier books.
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Excellent, more accessable, contribution.
- De P. Dean en 09-30-22
De: Thomas Piketty
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Democracy in One Book or Less
- How It Works, Why It Doesn’t, and Why Fixing It Is Easier Than You Think
- De: David Litt
- Narrado por: David Litt
- Duración: 11 h y 51 m
- Versión completa
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General
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Narración:
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Historia
Bill Bryson meets Thomas Frank in this deeply insightful, unexpectedly hilarious story of how politicians hijacked American democracy and how we can take it back.
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Thanks Litt.
- De Andy en 10-06-20
De: David Litt
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Power Failure
- The Rise and Fall of an American Icon
- De: William D. Cohan
- Narrado por: Eric Jason Martin
- Duración: 28 h y 17 m
- Versión completa
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No company embodied American ingenuity, innovation, and industrial power more spectacularly and more consistently than the General Electric Company. GE once developed and manufactured many of the inventions we take for granted today, nearly everything from the lightbulb to the jet engine. GE also built a cult of financial and leadership success envied across the globe and became the world’s most valuable and most admired company. But even at the height of its prestige and influence, cracks were forming in its formidable foundation.
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Much better than other GE books
- De Brannon Crawford en 12-26-22
De: William D. Cohan
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Conversations
- De: Steve Reich
- Narrado por: Stephen Graybill, Johnny Heller, Derek Perkins, y otros
- Duración: 8 h y 54 m
- Versión completa
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Steve Reich is a living legend in the world of contemporary classical music. As a leader of the minimalist movement in the 1960s, his works have become central to the musical landscape worldwide, influencing generations of younger musicians, choreographers and visual artists. He has explored non-Western music and American vernacular music from jazz to rock, as well as groundbreaking music and video pieces. He toured the world with his own ensemble and his compositions are performed internationally by major orchestras and ensembles.
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Stunningly thoughtful!
- De Jon Wagner en 08-22-24
De: Steve Reich
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Probable Impossibilities
- Musings on Beginnings and Endings
- De: Alan Lightman
- Narrado por: Christopher Grove
- Duración: 5 h y 45 m
- Versión completa
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Can space be divided into smaller and smaller units, ad infinitum? Does space extend to larger and larger regions, on and on to infinity? Is consciousness reducible to the material brain and its neurons? What was the origin of life, and can biologists create life from scratch in the lab? Physicist and novelist Alan Lightman explores these questions and more - from the anatomy of a smile to the capriciousness of memory to the specialness of life in the universe to what came before the Big Bang.
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Mumbler
- De Phil Gaskill en 08-07-22
De: Alan Lightman
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The Economics of Inequality
- De: Thomas Piketty, Arthur Goldhammer - translator
- Narrado por: L. J. Ganser
- Duración: 4 h y 41 m
- Versión completa
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Succinct, accessible, and authoritative, Thomas Piketty’s The Economics of Inequality is the ideal place to start for those who want to understand the fundamental issues at the heart of one the most pressing concerns in contemporary economics and politics. This work now appears in English for the first time.
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A Survey of the Economics of Inequality
- De Darwin8u en 12-19-16
De: Thomas Piketty, y otros
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The Accommodation
- The Politics of Race in an American City
- De: Jim Schutze, John Wiley Price
- Narrado por: Mike Rhyner, John Wiley Price
- Duración: 7 h y 57 m
- Versión completa
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The powerful, long-repressed classic of Dallas history that examines the violent and suppressed history of race and racism in the city. Written by longtime Dallas political journalist Jim Schutze, formerly of the Dallas Times Herald and Dallas Observer and currently columnist at D Magazine, The Accommodation follows the story of Dallas from slavery through the civil rights movement and the city’s desegregation efforts in the 1950s and ‘60s.
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Floored
- De Anthony en 09-16-22
De: Jim Schutze, y otros
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The Angel and the Assassin
- The Tiny Brain Cell That Changed the Course of Medicine
- De: Donna Jackson Nakazawa
- Narrado por: Melinda Wade
- Duración: 10 h y 8 m
- Versión completa
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Historia
Until recently, microglia were thought to be merely the brain’s housekeepers, helpfully removing damaged cells. But a recent groundbreaking discovery revealed them to be capable of terrifying Jekyll and Hyde behavior. When triggered - and anything that stirs up the immune system in the body can activate microglia - they can morph into destroyers, impacting a wide range of issues from memory problems and anxiety to depression and Alzheimer’s. Under the right circumstances, however, microglia can be coaxed back into being angelic healers.
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A Magnus Opus for Microglia
- De Dominic Acri en 01-23-20
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Some Assembly Required
- Decoding Four Billion Years of Life, from Ancient Fossils to DNA
- De: Neil Shubin
- Narrado por: Marc Cashman
- Duración: 7 h y 28 m
- Versión completa
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Over billions of years, ancient fish evolved to walk on land, reptiles transformed into birds that fly, and apelike primates evolved into humans that walk on two legs, talk, and write. For more than a century, paleontologists have traveled the globe to find fossils that show how such changes have happened.
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Interesting but thin. ANNOYING narration
- De MSB en 04-10-20
De: Neil Shubin
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Biased
- Uncovering the Hidden Prejudice That Shapes What We See, Think, and Do
- De: Jennifer L. Eberhardt PhD
- Narrado por: Jennifer L. Eberhardt PhD
- Duración: 10 h y 24 m
- Versión completa
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How do we talk about bias? How do we address racial disparities and inequities? What role do our institutions play in creating, maintaining, and magnifying those inequities? What role do we play? With a perspective that is at once scientific, investigative, and informed by personal experience, Dr. Jennifer Eberhardt offers us the language and courage we need to face one of the biggest and most troubling issues of our time. She exposes racial bias at all levels of society - in our neighborhoods, schools, workplaces, and criminal justice system.
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hoped for more on why bias and how to avoid it
- De Pavan Ongole en 04-04-19
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A Mind for Numbers
- How to Excel at Math and Science (Even If You Flunked Algebra)
- De: Barbara Oakley PhD
- Narrado por: Grover Gardner
- Duración: 7 h y 4 m
- Versión completa
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In A Mind for Numbers, Dr. Oakley lets us in on the secrets to learning effectively - secrets that even dedicated and successful students wish they’d known earlier. Contrary to popular belief, math requires creative, as well as analytical, thinking. Most people think that there’s only one way to do a problem, when in actuality, there are often a number of different solutions - you just need the creativity to see them.
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Not quite what you expect
- De Sean P Ruggier en 07-20-22
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Hyperspace
- A Scientific Odyssey Through Parallel Universes, Time Warps, and the 10th Dimension
- De: Michio Kaku
- Narrado por: Tim Lounibos
- Duración: 14 h y 12 m
- Versión completa
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Are there other dimensions beyond our own? Is time travel possible? Can we change the past? Are there gateways to parallel universes? All of us have pondered such questions, but there was a time when scientists dismissed these notions as outlandish speculations. Not any more. Today, they are the focus of the most intense scientific activity in recent memory. In Hyperspace, Michio Kaku offers the first book-length tour of the most exciting (and perhaps most bizarre) work in modern physics.
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is there nothing really interesting to talk about in higher-dimensional physics?
- De Ari en 12-17-23
De: Michio Kaku
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Hooked
- Food, Free Will, and How the Food Giants Exploit Our Addictions
- De: Michael Moss
- Narrado por: Scott Brick
- Duración: 9 h
- Versión completa
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Everyone knows how hard it can be to maintain a healthy diet. But what if some of the decisions we make about what to eat are beyond our control? Is it possible that food is addictive, like drugs or alcohol? And to what extent does the food industry know, or care, about these vulnerabilities? In Hooked, Pulitzer Prize-winning investigative reporter Michael Moss sets out to answer these questions - and to find the true peril in our food.
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Empowering Read
- De Lorena Kazmierski en 04-04-21
De: Michael Moss
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Revolutionary Spring
- Europe Aflame and the Fight for a New World, 1848-1849
- De: Christopher Clark
- Narrado por: Christopher Clark
- Duración: 33 h y 26 m
- Versión completa
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As history, the uprisings of 1848 have long been overshadowed by the French Revolution of 1789 and the Russian revolutions of the early twentieth century. And yet in 1848 nearly all of Europe was aflame with conflict. Parallel political tumults spread like brush fire across the entire continent, leading to significant changes that continue to shape our world today. These battles for the future were fought with one eye kept squarely on the past. Revolutionary Spring is a new understanding of 1848 that offers chilling parallels to our present moment.
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Like the revolutions, it got off to a good start
- De Anonymous User en 06-23-23
Lo que los oyentes dicen sobre Capital in the Twenty-First Century
Calificaciones medias de los clientesReseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.
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Ejecución
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Historia
- J.B.
- 09-26-16
Understanding of Capital Accumulation and its Evil
Capital, In the Twenty-first Century, a study by Thomas Piketty of ails and cures for the inequitable allocation of wealth. A subject whose presence is a leading issue in the 2016 presidential run. Capital is the story of the accumulation of large financial resources in a small societal group. The group Senator Bernie Sander calls the 1%. This insidious accumulation of wealth is not the teaching of Bernie Sanders nor Elizabeth Warren. It is the original iteration of Professor Piketty; it is Piketty that introduced the economic distortion to the global community in this book. This book gives one insight into why the markets have failed to demonstrate the nature of the corruption caused by the unreasonable accumulation of wealth, why those markets have failed to curb this mass accretion affluence in a few and then how to cure the evil: by a tax on capital amassing, full education and democratic discussion. Professor Piketty explains the disorder and how to work a cure on the natural imbalance that comes from wealth’s likely ability to accumulate.
Knowledge of the inequitable distribution of wealth will be fashioning our political scene for decades to come. I am in high praise of this work but warn you not to pick it up for a read (listen) unless you truly want to do some profound economic analysis. This is deep deep learning on a not too easy to understand the concept.
Two more points, Piketty’s theses depend on economic mathematics. He professes to deplore mathematical application to prove economic theorems, but nevertheless, Piketty doesn’t necessarily shy from mathematical or in particular statistical analysis in the book.
For a non-economist, the definitional section, chapter two in the audio version, is not easy to grasp with one listen. His applied mathematics to his data was not easy to follow but once mastered it aids in revealing truths – but to get there the intensity of Piketty’s analysis will make you scream with frustration, even if you are a statistician. It took multiple listens but the elemental understanding was essential. It was well worth the effort. Piketty, - thank the gods of tolerability - it finally turns out, is a fundamentalist not a technician in his proofs and conclusions. If you force yourself to read his communicative reasoning you will find he is effectively explained; and enjoyable!
Piketty also explicates that earlier studies did not have the statistical analytics and data we have today to test theories like his on Capital, and so his present work is superior to historical studies. A reading of this cogitation makes me conclude he is right! This is a literate and new and unique masterful work.
Piketty does this only to provide the reader with an economic basis by which to apostolate his findings – which will be his conclusions on wealth inequality – and how to cure its wrongs; but before he gets there he makes sure the reader is well versed in his understanding of modern economics.
Piketty begins by canvassing past analysts of capitalism, from John Stuart Mills (capitalisms, free markets, and proper taxation), Ricardo to Thomas Robert Mathus (population and its effect on economics) and then on to Marx/ Engel (communism and Das Kapital) and Simon Kuznets (components for the growth of nations), etc. He then explains his methodology of analysis.
Piketty’s capture of growth rates (Chapter 3 in the Audible edition) shattered my understanding of what may be achievable. He made great sense in anticipating no more than 1.5 percent (if not .5 percent) for the industrialized universe and then only if alternative courses of power can be developed other than carbon. Should he be correct, there are some economic adjustments ahead for the world. The chapter opened with a discussion of population and its effect on economic growth or perhaps to be more accurate how the vectors of population growth intermixes with productivity – from the known world from the 1700s to the present day. A fun read. He then provides the statistics for his later analysis. Not fun to read.
Piketty next provides a commanding explanation of inflation from a historical perspective. It was not always as omnipresent as we understand it to be these days. He then goes on to provide us with a framework of how income and capital relationships existed in Britain and France from the 1700s to today and then next likewise for the balance of Europe.
Supplied with the primary understanding of economic factors needed to analyze capital accumulation he then takes on the reasons for the natural accumulation of wealth, its evil, and how to cure it before it creates an oligarchy. I read this book in conjunction with Jayne Mayer’s Dark money. Piketty explains the unnatural growth of money in singular hands and Ms. Mayer demonstrates Piketty’s warning on how the super-rich can distort our well-being.
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- Tavis Lemm
- 01-06-19
Read the book instead of listening
The graphs are included with the audio book but I highly suggest just reading the book. A must read book however. If you won’t get to reading it, listen to it.
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- Susan Thornton
- 02-13-15
Truly Magnificent Work
I'm not an economist bit as is pointed out clearly in this work it is in every citizen's interest to understand the political and social history surrounding money. Peketty has completed a monumental effort to help us gain this understanding.
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- Kevin G. Cunningham
- 04-04-15
Important work that should be taught in schools
Great interdisciplinary approach to a subject too often clouded by dogma pretending to be science. Finally, an intellectually honest approach to modern economics. Should be foundational for all educations.
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- Thomas
- 03-20-15
Historical masterpiece
This book places itself among the most influential political, philosophical and social scientific books in history. An absolut must for anyone who cares about the state of the world.
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- Patti
- 04-11-15
A Seminal Work
In my opinion, as a layman, this is a well-argued, exhaustively-researched piece of work. Prof Piketty does not simply make statements or come to conclusions based on nothing more than ideas. His conclusions are the end-products of seemingly tireless work and research that serve to inform and bolster his arguments. It goes without saying that "Capital in the Twenty-First Century" is an ambitious undertaking. Nevertheless, it has been executed in a manner that is difficult not to admire.
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- Mandola303
- 10-13-16
very interesting
it's very interesting book. With some old ideas spun With A New Perspective. Some of the historical references seen incorrect with almost a questionable motives. it's long but it's interesting.
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- BadUrbanKarma
- 12-03-22
Unique Perspective
Love the fact-based and data-driven descriptive analysis that helps me to form my own conclusions regarding history. I'm less enamored with the prescriptive solutions proposed, where Piketty's socialist/collectivism/statist bias are obvious.
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- Didko
- 02-24-24
Well structured information blocks.
If you are interested in how modern financial system operates, this book is a great source. Or just a general knowledge about the financial world.
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- Darwin8u
- 05-25-14
Hottest Economic Beach Read of the Season
This is one of those scholarly books that seem to end up being accidental cultural markers of time and place. I'm pretty sure Piketty wanted his book to be read/discussed/debated, and Belnap/Harvard Press certainly wanted it to be bought. But, I'm pretty sure neither the author or the publisher was expecting it to do sell like it did (whether it gets read is another matter). My guess is this book will stimulate a lot of debate about the real nature and scope of income and capital inequality AND debate about the proper roll of government in addressing these issues.
What I loved about this book was Piketty's voice. His narrative style. The fact he rejected the theoretical speculation favored by a lot of modern economists and instead went with a historical and data-centric narrative, gave this book juice. He wrote an economics book that demands to be read. I loved how he used literature (Balzac and Austen) as reference points for his thesis about the challenges with income and capital disparities between the 1% and the lower 50%. I loved his boldness. I mean really, it takes some scholarly, economic balls to name your book 'Capital'. It is like walking into a Liverpool pub with a Manchester Untied shirt on. Piketty was provocative right from the start.
Why didn't I rate this higher? I thought his proscriptive approach (Part IV) was a bit naive. I get what he is trying to do. He is setting the flag at the ideal point and letting the politics take care of itself, but his ideal isn't really even on this planet (not even on Planet France). I'm not sure the governing class in any of the major nations he dealt with will ever be ready for a large-scale capital tax, or a global system of taxing and studying incomes. There just isn't any stomach for that. Perhaps I'm a pessimist, but I think we are already governed by system of economic élite domination. It is more likely that a natural disaster, world war, or years of inflation are way more likely to change the current and growing capital inequality in the US and Europe than any preventative, rational, or progressive tax on wealth.
We can barely politically stomach a slight increase to capital gains/dividend tax rates without shutting down government and calls to impeach our president. A one-time, double-digit tax on wealth just won't happen in my lifetime. When 97% of scientists warn us about global warming, but because of vested energy interests and media complicity we find half of our nation believing it is all hype as the poles melt, what hope do we have in preventing millionaires and billionaires from accumulating more wealth? Most will remain ignorant of the problem, apathetic about how that type of income disparity harms democracy, and mostly antagonistic about changing what is perceived to be a meritocracy for a redistributive tax solution. Just not going to happen. I can't see it happening in France, let alone Britain, China or the US.
But that is just me venting my frustrations. The future IS the sole property of the future. I might be wrong. For the most part the book is already doing what he wanted. He's got FT writing and challenging his data. He has Paul Krugman giving supporting data. I'm reading his book instead of a Dan Brown novel. So, my bitching aside, his book has already done 10x what it had every practical right to do. It might just end up being the next John Rawls tome, read by economists, politicians and those tired of Dan Brown novels. I sure hope so.
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