03353cam a2200409 i 4500003000800000005001700008007000300025008004100028020003100069020002800100020001800128020001500146035001300161040001800174041001300192042000800205050002300213082001400236100003000250240003800280245009300318260008500411300004700496500006000543504006700603505063500670520144001305650001302745650002502758650001202783650002102795650001202816650003102828650001202859650002802871700004402899BJBSDDR20230410105406.0ta130923s2014    mau      b    001 0 eng    a9780674430006 (alk. paper)  a067443000X (alk. paper)  a9780674369542  a0674369548  a17895146  aDLCbengcDLC1 aenghfre  apcc14aHB 501bP636c 201400a332/.041 1 aPiketty, Thomas,  d1971-10aCapital au XXIe siecle. lEnglish10aCapital in the twenty-first century /cThomas Piketty ; translated by Arthur Goldhammer.  aCambridge Massachusetts :bThe Belknap Press of Harvard University Press,c2014.  aviii, 685 pages ;billustrations ; c25 cm  aTranslation of the author's Le capital au XXIe siècle  aIncludes bibliographical references (pages 579-655) and index.0 aIncome and output -- Growth : illusions and realities -- The metamorphoses of capital -- From old Europe to the new world -- The long-run capital/income ratio -- Capital's share vs. labor's share in the twenty-first century -- Inequality and concentration : an initial orientation -- The two worlds -- Inequality in the income from labor -- Inequality in the ownership of capital -- Merit and inheritance in the long run -- Global inequality of wealth in the twenty-first century -- A social state for the twenty-first century -- Rethinking the progressive income tax -- A global tax on capital -- The question of the public debt.  aWhat are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today. 0aCapital. 0aIncome distribution. 0aWealth. 0aLabor economics. 4aCapital 4aDistribución del ingreso 4aRiqueza 4aEconomía del trabajo 1 aGoldhammer, Arthur, d1946- etraductor