Capital in the Twenty-First CenturyHarvard University Press, 14 ago 2017 - 816 pagine A New York Times #1 Bestseller |
Dall'interno del libro
Risultati 1-5 di 82
... rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable ...
... rate of return on capital would steadily diminish (thereby killing the engine of accumulation and leading to violent conflict among capitalists), or capital's share of national income would increase indefinitely (which sooner or later ...
... rate of return on capital remains significantly above the growth rate for an extended period of time (which is more likely when the growth rate is low, though not automatic), then the risk of divergence in the distribution of wealth is ...
... return on capital is unpredictable and arbitrary, so that wealth can be ... rate toward an extremely high level of inequality. Forces of convergence ... rate of growth of both the population and the economy in coming decades makes this ...
... return on capital and the capital/income ratio), or β=s/g (which says that the capital/income ratio is equal in the long run to the savings rate divided by the growth rate). I ask readers not well versed in mathematics to be patient and ...
Sommario
1 | |
47 | |
The Dynamics of the CapitalIncome Ratio | 139 |
The Structure of Inequality | 295 |
Regulating Capital in the TwentyFirst Century | 595 |
Contents in Detail | 755 |
List of Tables and Illustrations | 765 |
Index | 771 |