Capital and Ideology

Capital and Ideology (French: Capital et Idéologie)[1] is a 2019 book by French economist Thomas Piketty.[2] Capital and Ideology follows Piketty's 2013 book Capital in the Twenty-First Century, which focused on wealth and income inequality in Europe and the United States.

Capital and Ideology
AuthorThomas Piketty
Original titleCapital et Idéologie
TranslatorArthur Goldhammer (English)
LanguageFrench
SubjectsCapitalism, economic history, economic inequality
Publisher
Publication date
12 September 2019
Published in English
March 2020
Media typePrint (Hardback)
Pages1150 pp.
ISBN978-2-02-133804-1 (France)

Capital and Ideology has a wider scope than its predecessor, and Piketty has expressed his preference for the 2019 book.[3] In the book, Piketty outlines potential means of redistributing wealth, and explores historical and contemporary justifications for inequality.[4] Methods for redistributing wealth proposed in the book include the "inheritance for all," a payment distributed to citizens by their country at the age of 25.[4]

Reception

In their review of the book, The Economist wrote: "it is hard not to conclude that, deep down, Mr Piketty believes the worth of a society is measured by its Gini coefficient alone."[5]

The book has received mixed reviews from economists, scholars and pundits.[5][6][7][8][9]

References

  1. Riché, Pascal; Aeschimann, Eric (September 4, 2019). "Thomas Piketty : « Il est temps de dépasser le capitalisme »". L'Obs (in French). Retrieved 15 September 2019.
  2. Charrel, Marie (12 September 2019). "Thomas Piketty : " Tous les discours décrivant les inégalités comme inévitables sont battus en brèche par l'histoire "". Le Monde. Retrieved 12 September 2019.
  3. Horobin, William (12 September 2019). "Thomas Piketty Is Back With a 1,200-Page Guide to Abolishing Billionaires". Bloomberg. Retrieved 12 September 2019.
  4. Elliott, Larry (9 September 2019). "Thomas Piketty's new War and Peace-sized book published on Thursday". The Guardian. Retrieved 12 September 2019.
  5. "A bestselling economist sets out the case for socialism". The Economist. ISSN 0013-0613. Retrieved 2020-03-06.
  6. Rajan, Raghuram (Feb 25, 2020). "Thomas Piketty's 'Capital and Ideology': scholarship without solutions". Financial Times. Retrieved 2020-03-03.
  7. Mason, Paul (2020-03-01). "Capital and Ideology by Thomas Piketty review – down the rabbit hole of bright abstractions". The Guardian. ISSN 0029-7712. Retrieved 2020-03-03.
  8. Hadas, Edward (2020-02-28). "Breakingviews - Review: Piketty digs deep for fool's gold". Reuters. Retrieved 2020-03-03.
  9. Colvile, Robert. "Capital and Ideology by Thomas Piketty review — Karl Marx for our century". The Times. ISSN 0140-0460. Retrieved 2020-03-03.


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