The return of "patrimonial capitalism" : review of Thomas Piketty's capital in the 21st century

"The paper provides a detailed review of Thomas Piketty's book "Capital in the 21st century." It focuses on the new contributions of the book, and in particular on its unified treatment of economic growth, functional income distribution, and concentration of personal income. It c...

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Bibliographic Details
Main Author: Milanovic, Branko
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Washington, DC 2014
World Bank
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19117523124919357059-The-return-of-patrimonial-capi.htm
Description
Summary:"The paper provides a detailed review of Thomas Piketty's book "Capital in the 21st century." It focuses on the new contributions of the book, and in particular on its unified treatment of economic growth, functional income distribution, and concentration of personal income. It concludes that Piketty's reinvigoration of classical and empircally-drven approach is likely to have a profound impact on economics."
Physical Description:20 p.
Digital