
Thomas Piketty tracks the long-term evolution of economic and political fairness from the late eighteenth century to the present. He presents historical data showing a consistent, albeit non-linear, movement toward social and financial parity through the abolition of slavery, the dismantling of colonial empires, and the creation of the welfare state. The text focuses on the mechanics of progressive taxation, universal basic inheritance, and the redistribution of property rights. Piketty argues that institutional changes, rather than market forces alone, drive the reduction of systemic disparities in income and wealth.
This book is for policymakers, activists, and students of political economy who seek a concise summary of Piketty’s larger body of work on capital. Readers gain a historical perspective on how legal and fiscal systems can be intentionally redesigned to decentralize wealth. It provides a specific policy framework for tax reform and institutional restructuring aimed at achieving social justice. Those who finish the volume walk away with a data-driven defense of social democracy and a set of practical tools for addressing modern financial concentration.
- Published
- 2021
- Language
- EN