The return of patrimonial capitalism : a review of Thomas Pikettys capital in the twenty-first century (English)

Capital in the twenty-first century by Thomas Piketty provides a unified theory of the functioning of the capitalist economy by linking theories of economic growth and functional and personal income distributions. It argues, based on the long-run historical data series that the forces of economic divergence (including rising income inequality) tend to dominate in capitalism. It regards the twentieth century as an exception to this rule and presents...

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Author

Milanovic,Branko L.;
Document Date
2014/06/01
Document Type
Journal Article
Report Number
92939
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2014/12/05
Disclosure Status
Disclosed
Doc Name
The return of patrimonial capitalism : a review of Thomas Pikettys capital in the twenty-first century
Keywords
rate of return on capital

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Milanovic,Branko L..

The return of patrimonial capitalism : a review of Thomas Pikettys capital in the twenty-first century (English). Author accepted manuscript Washington, DC : World Bank Group. http://documents.worldbank.org/curated/en/107451468318547420

The return of patrimonial capitalism : a review of Thomas Pikettys capital in the twenty-first century (English)

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The return of patrimonial capitalism : a review of Thomas Pikettys capital in the twenty-first century (English)