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📒Book Review Capital In The Twenty First Century By Thomas Piketty ✍ 50MINUTES.COM,
✏Book Review Capital in the Twenty First Century by Thomas Piketty Book Summary : It can be hard for busy professionals to find the time to read the latest books. Stay up to date in a fraction of the time with this concise guide. Thomas Piketty’s 2013 book Capital in the Twenty-First Century was an immediately bestseller in the UK and US, and has been widely praised by both economists and the general public. Piketty provides a richly detailed account of the development of inequality in the Western world, and argues that economic inequality is an inherent feature of capitalism and can only be resolved by decisive action from governments. His powerful historical insights are backed by extensive data and analysis, thus offering a thorough critique of the modern capitalist system. Whatever your political and economic leanings, Piketty’s ideas are sure to provide plenty of food for thought. This book review and analysis is perfect for: • Anyone interested in the causes of wealth inequality in Europe and the USA • Anyone who wants to understand how this inequality can be overcome • Students of, or anyone interested in, modern politics and economics About 50MINUTES.COM | BOOK REVIEW The Book Review series from the 50Minutes collection is aimed at anyone who is looking to learn from experts in their field without spending hours reading endless pages of information. Our reviews present a concise summary of the main points of each book, as well as providing context, different perspectives and concrete examples to illustrate the key concepts.
📒Understanding Piketty S Capital In The Twenty First Century ✍ Steven Pressman
✏Understanding Piketty s Capital in the Twenty First Century Book Summary : Thomas Piketty’s Capital in the Twenty-First Century reached the top of most best-seller lists last year shortly after it was released. Nonetheless, few people actually read the book. Yet reviewers have agreed that the book is important because it touches on one of the major problems facing the US economy, the UK economy and many developed nations: rising income and wealth inequality. It also provides an explanation of the problem and a policy solution: a global wealth tax. This book is intended to do three things. First, it provides a summary of the argument of Piketty’s book, which many people have bought and few people have read. Second, it fills in some of the gaps in the book, by providing readers with the background that is needed to understand the volume and the argument. This background information discusses economic data sources, measures of inequality and why income inequality is such an important issue today. Finally, the work provides a defense of Piketty’s analysis and at times some criticism of his work. Pressman explains why the problem of rising inequality is important, where Piketty’s data comes from, and the strengths and weaknesses of that data. It defends Piketty’s inequality, r>g, as the reason inequality has risen over the past several decades in many developed nations. Using Piketty’s own data, this book argues that rising inequality is not just a characteristic of capitalism, but results from different growth rates for income and wealth, which can occur under any type of economic system. Understanding Piketty's Capital in the Twenty-First Century is the ideal introduction to one of the most important books of recent years for anyone interested in Piketty’s work and the inevitability of inequality.
📒Capital ✍ Rana Dasgupta
✏Capital Book Summary : Capital is a compelling biography of a critically important megacity, and the effects of sudden and all-consuming capitalist transformation. At the turn of the twenty-first century acclaimed novelist Rana Dasgupta arrived in the Indian capital with a single suitcase. He had no intention of staying for long. But the city beguiled him - he fell in love and in hate with it - and, fourteen years later, Delhi has become his home. Capital tells the story of Delhi's journey from walled city to world city. It is a story of extreme wealth and power, of land grabs and a cityscape changed almost beyond recognition. Everything that was slow, intimate and idiosyncratic has become fast, vast and generic; every aspect of life has been affected - for the poor, the middle classes and the super-rich. Through a series of fascinating personal encounters Dasgupta takes us inside the intoxicating, sometimes terrifying transformation of India's fastest-growing megacity, offering an astonishing 'report from the global future'. Rana Dasgupta won the 2010 Commonwealth Writers' Prize for Best Book for his debut novel, Solo. He is also the author of the highly praised story collection Tokyo Cancelled. Capital is his first work of non-fiction. Born in England, he now lives in Delhi. textpublishing.com.au 'The most unexpected and original Indian writer of his generation.' Salman Rushdie '[Dasgupta has] a gift for sentences of lancing power and beauty.' New Yorker 'A beautifully written portrait of a corrupt, violent and traumatised city growing so fast it is almost unrecognisable to its own inhabitants. An astonishing tour de force by a major writer at the peak of his powers.' William Dalrymple
📒Capitalism Without Capital ✍ Jonathan Haskel
✏Capitalism without Capital Book Summary : The first comprehensive account of the growing dominance of the intangible economy Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, R&D, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, from tech firms and pharma companies to coffee shops and gyms, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the big economic changes of the last decade. The rise of intangible investment is, Jonathan Haskel and Stian Westlake argue, an underappreciated cause of phenomena from economic inequality to stagnating productivity. Haskel and Westlake bring together a decade of research on how to measure intangible investment and its impact on national accounts, showing the amount different countries invest in intangibles, how this has changed over time, and the latest thinking on how to assess this. They explore the unusual economic characteristics of intangible investment, and discuss how these features make an intangible-rich economy fundamentally different from one based on tangibles. Capitalism without Capital concludes by presenting three possible scenarios for what the future of an intangible world might be like, and by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.
📒Capitalism Without Capital ✍ Alan Shipman
✏Capitalism without Capital Book Summary : Financial crisis, recession and worsening inequality have long been blamed on a surplus of capital. But the actions that led the latest boom and bust by banks and businesses, households and governments - can better be explained capital's increasing scarcity. Efforts to track it down confirm its disappearance.
📒Social Welfare Policy For A Sustainable Future ✍ Katherine S. van Wormer
✏Social Welfare Policy for a Sustainable Future Book Summary : Unique in its use of a sustainability framework, Social Welfare Policy for a Sustainable Future by Katherine S. van Wormer and Rosemary J. Link goes beyond U.S. borders to examine U.S. government policies—including child welfare, social services, health care, and criminal justice—within a global context. Guided by the belief that forces from the global market and globalization affect all social workers in their practice, the book addresses a wide range of relevant topics, including the refugee journey, the impact of new technologies, war trauma, global policy instruments, and restorative justice. A sustainability policy analysis model and an ecosystems framework for trauma-informed care are also presented in this timely text.
✏The Holistic Manifesto Centre Left Policies for the Twenty First Century Book Summary : E.P. Anthony, an economist, trader and wealth manager focuses on the political economy of inequality and the decline of centre-left parties in the developed world in this manifesto. His analysis will especially appeal to readers in the Anglo-Saxon economies of the United Kingdom, United States, Canada, Australia, and New Zealand where inequality has increased most rapidly. The manifesto summarizes recent literature on inequality in an accessible way, including the best-selling books by Thomas Piketry, Chrystia Freeland, and Joseph Stiglitz. However, while those books provide great analysis, Anthony proposes solutions, including how to: prevent another global financial crisis; stimulate economic productivity and growth; and take wide-ranging action to reduce inequality...
📒From Keynes To Piketty ✍ Peter de Haan
✏From Keynes to Piketty Book Summary : From Keynes to Piketty provides the reader with an accessible and entertaining insight into the development of economic thought over the past century. Starting with John Maynard Keynes's bestseller, The Economic Consequences of Peace (1919), and ending with Thomas Piketty's blockbuster, Capital in the Twenty First Century (2014), the author explains which dramatic political and economic events changed the way economists interpreted these events, and how they revolutionized the economic science. The book contains biographies of Keynes, Schumpeter, Galbraith, Hayek, Friedman, Hirschman, North, and Piketty, alongside others, and highlights their extraordinary lives and works, anecdotes about them, and their often sharp differences of opinion. Extensive summaries of their main works provide the interested scholar and student with an accurate presentation of their contents. A must-read for all those who wonder what happened to economics during the past century, and why.
📒The Wealth Of Humans ✍ Ryan Avent
✏The Wealth of Humans Book Summary : None of us has ever lived through a genuine industrial revolution. Until now. Digital technology is transforming every corner of the economy, fundamentally altering the way things are done, who does them, and what they earn for their efforts. In The Wealth of Humans, Economist editor Ryan Avent brings up-to-the-minute research and reporting to bear on the major economic question of our time: can the modern world manage technological changes every bit as disruptive as those that shook the socioeconomic landscape of the 19th century? Traveling from Shenzhen, to Gothenburg, to Mumbai, to Silicon Valley, Avent investigates the meaning of work in the twenty-first century: how technology is upending time-tested business models and thrusting workers of all kinds into a world wholly unlike that of a generation ago. It's a world in which the relationships between capital and labor and between rich and poor have been overturned. Past revolutions required rewriting the social contract: this one is unlikely to demand anything less. Avent looks to the history of the Industrial Revolution and the work of numerous experts for lessons in reordering society. The future needn't be bleak, but as The Wealth of Humans explains, we can't expect to restructure the world without a wrenching rethinking of what an economy should be.
📒Back To The Future Of Socialism ✍ Hain, Peter
✏Back to the future of Socialism Book Summary : What's gone wrong with capitalism and how should governments respond? What does the future hold for the Left in the UK in the face of the austerity straitjacket around our politics and media? Anthony Crosland’s The Future of Socialism (1956) provided a creed for governments of the centre left until the global banking crisis. Now Peter Hain presents an evidence-based case for a radical alternative to the neo-liberal economic agenda. A substantial new Afterword outlines what the Labour Party needs to do following the 2015 UK General Election to win again by returning to its core values of decency, social justice, equality and prosperity for all. A rousing alternative to the neoliberal, right-wing orthodoxy of our era, Hain’s book is now even more essential reading for everyone interested in the future of the left.