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Thomas Piketty, the Future of Capitalism and the Theory of Distribution: a Review Essay

Tony Aspromourgos

No CSWP7, Centro Sraffa Working Papers from Centro di Ricerche e Documentazione "Piero Sraffa"

Abstract: This essay reviews Thomas Piketty’s Capital in the Twenty-First Century (2014). The focus is upon the conceptual framework and theoretical interpretation of the empirical findings assembled in the book, rather than those empirical findings themselves (which are, in any case, broadly incontestable). The core theoretical logic of the distributional dynamics is explained and subjected to scrutiny with respect to the theory of distribution in particular, but also the theory of growth.

Keywords: classical economics; functional distribution; Keynesian economics; Piero Sraffa (search for similar items in EconPapers)
JEL-codes: B51 D31 D33 E12 (search for similar items in EconPapers)
Date: 2014-10
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Journal Article: Thomas Piketty, the Future of Capitalism and the Theory of Distribution: A Review Essay (2015) Downloads
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