Capital in The Twenty - First Century by Thomas Piketty: Book Review

Zeinab Abulhul ()
Additional contact information
Zeinab Abulhul: PhD student in social work

Technium Social Sciences Journal, 2020, vol. 12, issue 1, 330-332

Abstract: In Capital in the Twenty-First Century, Thomas Piketty depicted the evolution of wealth distribution and explained the way aggregated and unequal distribution resulted in the escalation of the rate of inequality.  Also, Piketty analyzed potential solutions for accumulation and distribution of wealth by considering historical data. Therefore, he tracked the historical publications of many economists who analyzed wealth distribution and inequality to understand the origin of the problem of wealth distribution inequality, such as Malthus' Essay on the Principle of Population,1798, Ricardo's principle of scarcity in Principles of Political Economy and Taxation,1817, Marx's principle of infinite Accumulation in Capital, 1867, and Simon Kuznets's Shares of Upper Income Groups in Income and Savings,1953. Piketty suggested a new taxation system is the solution to inequality in wealth distribution and to avoid unstable socio-economic trends. Piketty divided his book into four parts, and each part is comprised of chapters.

Keywords: Wealth distribution; wealth distribution and inequality; economic crisis; progressive taxation. (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://techniumscience.com/index.php/socialsciences/article/download/1628/673 (application/pdf)
https://techniumscience.com/index.php/socialsciences/article/view/1628 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tec:journl:v:12:y:2020:i:1:p:330-332

Access Statistics for this article

Technium Social Sciences Journal is currently edited by Tasente Tanase

More articles in Technium Social Sciences Journal from Technium Science
Bibliographic data for series maintained by Tasente Tanase ( this e-mail address is bad, please contact ).