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The success of Piketty's book can be explained by several factors. A first factor is the contrast between his defense of a reasonably egalitarian and meritocratic vision of society, shared by European and American readers, and his convincing argument that that meritocracy system is under serious...
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-- Industrial capital -- Nation -- Associationism -- The present and the future -- The stages of global capitalism and repetition …Introduction: On modes of exchange -- Mini world systems -- The sedentary revolution -- The gift and magic -- World …-empire -- The state -- World money -- World empires -- Universal religions -- The modern world system -- The modern state …
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The main driver of inequality—returns on capital that exceed the rate of economic growth—is again threatening to …
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modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II …What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long … economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in …
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In Capital in the 21st Century, Thomas Piketty uses the market value of tradeable assets to measure both productive … capital and wealth. As a measure of wealth this is problematic because it ignores the value of human capital and transfer … assets. The approach also incorrectly identifies capital gains due to reduced discount rates as increases in the capital …
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, especially if taxes and income support are included, in many countries in the developing world and the US. A focus on inequality …. Policymakers should consider broadening the ownership of capital and assisting those who are in genuine need, and reject proposals …
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society and its microphysics are shown to be complementary parts of a theory of capital, society's genet …
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