Capital in the 21st century

Capital in the 21st century

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FL/974527/UA
Ukrainian
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In Capital in the 21st Century, Thomas Piketty offered a new perspective on a problem that has received increasing attention in recent decades. - the problem of inequality. After analyzing a huge amount of data, the French economist discovered the following pattern. All other things being equal, rapid economic growth reduces the role of capital and its concentration in private hands and leads to a reduction in inequality, while slower growth results in an increased importance of capital and increased inequality. In historical retrospect - and Piketty's book covers a huge period from the beginning of the 18th century to the present day - the growth of the influence of capital was interrupted only in the twentieth century as a consequence of two world wars and the Keynesian policies of the Glorious Thirty Years (1945-1975). Today, the world is returning to a situation where Inequality is steadily increasing, which can lead to dire social and political consequences. However, unlike Karl Marx, with whom Piketty is often compared, the Frenchman does not limit himself to a gloomy statement of the current situation and does not predict the collapse of the capitalist system. He proposes measures that could stop the unfavorable trends. Thomas Piketty (French) - “Le Capital au XXIe siècle” (French), “Capital in the Twenty-First Century” (English)



The text of the book was translated from the original language using an artificial intelligence program. For the most part, the translation of the text is of very high quality, but in some cases, due to the imperfection of the technology, there may be incorrect phrase translations in the text, as well as single words and expressions may not be translated.
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Data sheet

Name of the Author
Томас Пикетти
Language
Ukrainian
Release date
2015
Translator
Александр Львович Дунаев

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Capital in the 21st century

In Capital in the 21st Century, Thomas Piketty offered a new perspective on a problem that has received increasing attention in recent decades. - the problem...

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