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Le capital au XXIe siècle doc ¶ Hardcover read

text Le capital au XXIe siècle

Le capital au XXIe siècle doc ¶ Hardcover read ä [Download] ✤ Le capital au XXIe siècle By Thomas Piketty – What are the grand dynamics that drive the accumulation and distribution of capital? uestions about the long term evolution of ineuality the concentration of wealth and the prospects forNtury 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 ineualityPiketty shows that modern economic growth and the diffusion of knowledge have allowed us to avoid ineualities on the apocalyptic scale predicted by Karl Marx But we have not modified the deep structures of capital and ineuality as much as we thought in the optimistic decades following World War II The main driver of ineuality “Indeed the distribution of wealth is too important an issue to be left to economists sociologists historians and philosophers” ― Thomas Piketty Capital in the Twenty First CenturyThis 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 readdiscusseddebated and BelnapHarvard Press certainly wanted it to be bought But I'm pretty sure neither the author nor 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 ineuality AND debate about the proper roll of government in addressing these issuesWhat 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 likely that a natural disaster world war or years of inflation are way likely to change the current and growing capital ineuality in the US and Europe than any preventative rational or progressive tax on wealth We can barely politically stomach a slight increase to capital gainsdividend 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 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 USBut 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

Thomas Piketty Ó Le capital au XXIe siècle doc

The tendency of returns on capital to exceed the rate of economic growth today threatens to generate extreme ineualities that stir discontent and undermine democratic values But economic trends are not acts of God Political action has curbed dangerous ineualities in the past Piketty says and may do so againA 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 tod Spoiler alertHoly smokes this was a tour de force of political economy economic history Piketty explains why a tax on capital is so much preferable than taxes on income the need for global cooperation and why ineuality in America will only get worse unless policymakers address higher education affordability tax policies especially on inheritance and minimum wage laws A brutally long read yet well worth the effort

text Ï Le capital au XXIe siècle Ó Thomas Piketty

Le capital au XXIe siècleWhat are the grand dynamics that drive the accumulation and distribution of capital? uestions about the long term evolution of ineuality 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 adeuate data and clear guiding theories In Capital in the Twenty First Century Thomas Piketty analyzes a uniue collection of data from twenty countries ranging as far back as the eighteenth ce It's amazing to me how often Marxism gets repackaged and sold as if it was something new Piketty's book is a prime example of this It attempts to resell the already disproven lie about post WWII growth being caused by taxing the rich when in fact very few of the wealthy elite actually paid the 70 90% tax rates Post WWII growth was the result of the US holding excess gold reserves from Europe and the Bretton Woods conference that made the US dollar the world's reserve currency Anyone who tells you any different is an idiot a liar or both Economic illiteracy has resulted in the rising support of socialism even though socialism has failed over and over again And even though no country has ever allowed pure capitalism to exist capitalism gets blamed by those who have no idea WTF they are talking about What we have today are central banks who micromanage the global economy screwing over all of the small countries setting off all kinds of market distortions and causing one boom bust cycle after another Instead of allowing a nation's economy grow at natural rates the nations of the world have allowed the ruling class to instill various forms of cronyism and corporatism while calling it capitalism Save your money and skip over this book Go straight to FA Hayek's The Road To Serfdom a book that set the record straight back in 1944 You will learn about the roots of socialism and understand that such ideas are not new and will never work no matter how it gets repackaged