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The Contradictions of Capital in the Twenty-First Century - The Piketty Opportunity (Hardcover)
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The Contradictions of Capital in the Twenty-First Century - The Piketty Opportunity (Hardcover)
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This volume of essays builds upon renewed interest in the long-run
global development of wealth and inequality stimulated by the
publication of Thomas Piketty's Capital in the Twenty-First
Century. It brings together an international team of leading
economic historians and economists to provide an overview of global
developments in the theory and reality of inequality and its
salience in the modern world order. The contributors take stock of
the key concepts involved in contemporary debates capital, wealth
and income distribution, economic development, private and
collective assets, financialization, global liberalisation and
evaluate the evidence for both common and contrasting historical
trends in national statistical data sources. To the developed
economies upon which Piketty drew are added contributions covering
Latin America, Africa, India and Japan, providing a global
perspective upon a global phenomenon. The book seeks to provide
readers with a deeper awareness and understanding of the
significance of inequality in economic development, the varying
pace and nature of economic change around the world, and the manner
in which this process of change affects the distribution of incomes
and wealth in diverse economies. The collection marks an important
step in the process of developing Piketty's analytical framework
and empirical material, overcoming some of their limitations and
helping to cement a lasting place for inequality in the future
agenda of economics and economic history.
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