The Return of "Patrimonial Capitalism" : A Review of Thomas Piketty's Capital in the Twenty-First Century
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 d...
| Main Author: | |
|---|---|
| Format: | Journal Article |
| Language: | en_US |
| Published: |
American Economic Association
2014
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/20541 |
| id |
okr-10986-20541 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-205412021-04-23T14:03:56Z The Return of "Patrimonial Capitalism" : A Review of Thomas Piketty's Capital in the Twenty-First Century Milanovic, Branko history of economic thought economic growth income distribution capitalism political economy 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 proposes policies that would make capitalism sustainable in the twenty-first century. 2014-11-18T21:17:52Z 2014-11-18T21:17:52Z 2014-06 Journal Article Journal of Economic Literature http://hdl.handle.net/10986/20541 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo American Economic Association American Economic Association Publications & Research :: Journal Article |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
en_US |
| topic |
history of economic thought economic growth income distribution capitalism political economy |
| spellingShingle |
history of economic thought economic growth income distribution capitalism political economy Milanovic, Branko The Return of "Patrimonial Capitalism" : A Review of Thomas Piketty's Capital in the Twenty-First Century |
| description |
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 proposes policies that would make capitalism sustainable in the twenty-first century. |
| format |
Journal Article |
| author |
Milanovic, Branko |
| author_facet |
Milanovic, Branko |
| author_sort |
Milanovic, Branko |
| title |
The Return of "Patrimonial Capitalism" : A Review of Thomas Piketty's Capital in the Twenty-First Century |
| title_short |
The Return of "Patrimonial Capitalism" : A Review of Thomas Piketty's Capital in the Twenty-First Century |
| title_full |
The Return of "Patrimonial Capitalism" : A Review of Thomas Piketty's Capital in the Twenty-First Century |
| title_fullStr |
The Return of "Patrimonial Capitalism" : A Review of Thomas Piketty's Capital in the Twenty-First Century |
| title_full_unstemmed |
The Return of "Patrimonial Capitalism" : A Review of Thomas Piketty's Capital in the Twenty-First Century |
| title_sort |
return of "patrimonial capitalism" : a review of thomas piketty's capital in the twenty-first century |
| publisher |
American Economic Association |
| publishDate |
2014 |
| url |
http://hdl.handle.net/10986/20541 |
| _version_ |
1764445778202329088 |