Capital In The Twenty-First Century

Beskrivelse

Thomas Piketty's Capital in the Twenty-First Century dives deep into the forces shaping wealth and inequality over centuries. Drawing on extensive data from twenty countries, this acclaimed book reshapes how we view economic history and the future of capital distribution.

An in-depth exploration of wealth, inequality, and economic growth across centuries.

This bestseller, recognized by both the New York Times and Sunday Times and awarded the Financial Times and McKinsey Business Book of the Year, tackles the big questions behind capital accumulation and inequality. Piketty examines a vast dataset stretching back to the eighteenth century to reveal important social and economic trends that have long eluded clear explanation.

He explains that while modern growth and the spread of knowledge have prevented the extreme inequalities predicted by Karl Marx, the fundamental structures of capital and inequality remain largely unchanged since the optimistic post-World War II era. The key driver of inequality today is the tendency for returns on capital to outpace economic growth, which risks creating severe disparities that could fuel social unrest and threaten democratic values.

Yet, Piketty emphasizes that these economic patterns are not inevitable. History shows that political decisions have successfully limited dangerous inequalities before, suggesting that thoughtful action can still shape a fairer economic future.

With its ambitious scope, original insights, and rigorous analysis, Capital in the Twenty-First Century challenges readers to rethink economic history and consider important lessons for today’s world.

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