Audiobook2 hours
A Macat Analysis of Thomas Piketty's Capital in the Twenty-First Century
Written by Nick Broten
Narrated by Macat.com
Rating: 4 out of 5 stars
4/5
()
About this audiobook
Does capitalism have a natural tendency towards a just and reasonable distribution of wealth? The French economist Thomas Piketty thinks not.
In his bestselling 2013 book, Capital in the Twenty-First Century, Piketty takes issue with the idea that—despite the odd bump along the way, not least the 2007–08 global financial crisis—inequality (the gaps in income and wealth between rich and poor) tends to decline as capitalism matures.
Piketty spent 15 years building an unparalleled database on wealth and income in France, the United States, and a number of other countries. He uses this data to argue that the opposite is true. Capitalism’s natural tendency is, he says, to move toward ever-greater inequality. Piketty’s solution? A global wealth tax—even if he admits it has little chance of becoming a reality.
Capital has attracted impassioned responses, both positive and negative. But it has single-handedly shifted the goalposts of economic thinking and re-kindled discussion of the problem of inequality.
In his bestselling 2013 book, Capital in the Twenty-First Century, Piketty takes issue with the idea that—despite the odd bump along the way, not least the 2007–08 global financial crisis—inequality (the gaps in income and wealth between rich and poor) tends to decline as capitalism matures.
Piketty spent 15 years building an unparalleled database on wealth and income in France, the United States, and a number of other countries. He uses this data to argue that the opposite is true. Capitalism’s natural tendency is, he says, to move toward ever-greater inequality. Piketty’s solution? A global wealth tax—even if he admits it has little chance of becoming a reality.
Capital has attracted impassioned responses, both positive and negative. But it has single-handedly shifted the goalposts of economic thinking and re-kindled discussion of the problem of inequality.
More audiobooks from Nick Broten
A Macat Analysis of Friedrich Hayek's The Road to Serfdom Rating: 5 out of 5 stars5/5A Macat Analysis of Milton Friedman’s The Role of Monetary Policy Rating: 5 out of 5 stars5/5A Macat Analysis of Amartya Sen's Development as Freedom Rating: 4 out of 5 stars4/5A Macat Analysis of John P. Kotter’s Leading Change: Why Transformation Efforts Fail Rating: 4 out of 5 stars4/5A Macat Analysis of Thomas Robert Malthus's An Essay on the Principle of Population Rating: 5 out of 5 stars5/5A Macat Analysis of C. L. R. James's The Black Jacobins Rating: 5 out of 5 stars5/5
Related to A Macat Analysis of Thomas Piketty's Capital in the Twenty-First Century
Related audiobooks
SUMMARY - Anti-Piketty: Capital For The 21st-Century By Emmanuel Martin, Nicolas Lecaussin And Jean-Philippe Delsol Rating: 0 out of 5 stars0 ratingsDebating Piketty’s Theory on How Wealth Begets Wealth, Widens the Economic Gap Rating: 4 out of 5 stars4/5The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations Rating: 4 out of 5 stars4/5A New Capitalism: Creating A Just Economy That Works for All Rating: 0 out of 5 stars0 ratingsThe Cost of Free Money: How Unfettered Capital Threatens Our Economic Future Rating: 1 out of 5 stars1/5The Demographic Cliff: How to Survive and Prosper During the Great Deflation of 2014-2019 Rating: 5 out of 5 stars5/5Freedom or Equality: The Key to Prosperity Through Social Capitalism Rating: 0 out of 5 stars0 ratingsGlobal Inequality: A New Approach for the Age of Globalization Rating: 4 out of 5 stars4/5What Would the Great Economists Do?: How Twelve Brilliant Minds Would Solve Today's Biggest Problems Rating: 5 out of 5 stars5/5GDP: A Brief but Affectionate History - Revised and expanded Edition Rating: 4 out of 5 stars4/5The Little Book of Sideways Markets: How to Make Money in Markets that Go Nowhere Rating: 4 out of 5 stars4/5The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism Rating: 5 out of 5 stars5/5Confronting Capitalism: Real Solutions for a Troubled Economic System Rating: 4 out of 5 stars4/5The Hidden Wealth Nations: The Scourge of Tax Havens Rating: 4 out of 5 stars4/5Capital and Interest Rating: 0 out of 5 stars0 ratingsWealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today's Crises Rating: 5 out of 5 stars5/5The Infinite Desire for Growth Rating: 2 out of 5 stars2/5Freefall: America, Free Markets, and the Sinking of the World Economy Rating: 4 out of 5 stars4/5The Impact Investor: Lessons in Leadership and Strategy for Collaborative Capitalism Rating: 0 out of 5 stars0 ratingsMacroeconomics Rating: 5 out of 5 stars5/5Naked Economics: Undressing the Dismal Science Rating: 4 out of 5 stars4/5Cogs and Monsters: What Economics Is, and What It Should Be Rating: 4 out of 5 stars4/5It's Not as Bad as You Think: Why Capitalism Trumps Fear and the Economy Will Thrive Rating: 2 out of 5 stars2/5Platform Capitalism Rating: 0 out of 5 stars0 ratingsSupply Shock: Economic Growth at the Crossroads and the Steady State Solution Rating: 3 out of 5 stars3/5SUMMARY - Capital In The Twenty-First Century By Thomas Piketty Rating: 0 out of 5 stars0 ratingsJimmy Stewart Is Dead: Ending the World's Ongoing Financial Plague with Limited Purpose Banking Rating: 3 out of 5 stars3/5Can Finance Save the World?: Regaining Power over Money to Serve the Common Good Rating: 2 out of 5 stars2/5Growth for Good: Reshaping Capitalism to Save Humanity from Climate Catastrophe Rating: 0 out of 5 stars0 ratings
Economics For You
Freakonomics Rev Ed Rating: 4 out of 5 stars4/5Killing Sacred Cows: Overcoming the Financial Myths that are Destroying Your Prosperity Rating: 5 out of 5 stars5/5Principles for Dealing with the Changing World Order: Why Nations Succeed or Fail Rating: 5 out of 5 stars5/5The Color of Money: Black Banks and the Racial Wealth Gap Rating: 5 out of 5 stars5/5Why the Rich Are Getting Richer Rating: 5 out of 5 stars5/5Chip War: The Quest to Dominate the World's Most Critical Technology Rating: 5 out of 5 stars5/5Think Like a Freak: The Authors of Freakonomics Offer to Retrain Your Brain Rating: 4 out of 5 stars4/5The War Below: Lithium, Copper, and the Global Battle to Power Our Lives Rating: 5 out of 5 stars5/5San Fransicko: Why Progressives Ruin Cities Rating: 4 out of 5 stars4/5These are the Plunderers: How Private Equity Runs—and Wrecks—America Rating: 5 out of 5 stars5/5The Ascent of Money: A Financial History of the World Rating: 4 out of 5 stars4/5How the World Works Rating: 4 out of 5 stars4/5Nudge: The Final Edition: Improving Decisions About Money, Health, And The Environment Rating: 4 out of 5 stars4/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Nothing Is True and Everything Is Possible: The Surreal Heart of the New Russia Rating: 4 out of 5 stars4/5Don't Trust Your Gut: Using Data to Get What You Really Want in Life Rating: 4 out of 5 stars4/5The Sovereign Individual: Mastering the Transition to the Information Age Rating: 5 out of 5 stars5/5The Meth Lunches: Food and Longing in an American City Rating: 5 out of 5 stars5/5The Myth of Capitalism: Monopolies and the Death of Competition Rating: 4 out of 5 stars4/5Marvel Comics: The Untold Story Rating: 4 out of 5 stars4/5Nomadland: Surviving America in the Twenty-First Century Rating: 4 out of 5 stars4/5The Genius of Israel: The Surprising Resilience of a Divided Nation in a Turbulent World Rating: 4 out of 5 stars4/5Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist Rating: 5 out of 5 stars5/5Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism Rating: 4 out of 5 stars4/5The Lexus and the Olive Tree: Understanding Globalization Rating: 4 out of 5 stars4/5What We Owe Each Other: A New Social Contract for a Better Society Rating: 4 out of 5 stars4/5A History of the United States in Five Crashes: Stock Market Meltdowns That Defined a Nation Rating: 4 out of 5 stars4/5The Lords of Easy Money: How the Federal Reserve Broke the American Economy Rating: 4 out of 5 stars4/5Requiem for the American Dream: The 10 Principles of Concentration of Wealth & Power Rating: 5 out of 5 stars5/5
Reviews for A Macat Analysis of Thomas Piketty's Capital in the Twenty-First Century
Rating: 4.0625 out of 5 stars
4/5
16 ratings1 review
- Rating: 4 out of 5 stars4/5Because of my lack of economic background, this summary gave me a good overview of the text that I needed as a guide to the subject before diving into the full text.