Capital in the 21st Century
The book’s central thesis is that when the rate of return on capital (r) is greater than the rate of economic growth (g) over the long term, the result is concentration of wealth, and this unequal distribution of wealth causes social and economic instability. In Capital in the Twenty-First Century, the author seeks to analyze a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. This book analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. The findings in this will transform debate and set the agenda for the next generation of thought about wealth and inequality.
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