CiNii Books - The contradictions of capital in the twenty-first century : the Piketty opportunity

This volume of essays builds upon renewed interest in the long-run global development of wealth and inequality stimulated by the publication of Thomas Piketty's Capital in the Twenty-First Century. It brings together an international team of leading economic historians and economists to provide an overview of global developments in the theory and reality of inequality and its salience in the modern world order. The contributors take stock of the key concepts involved in contemporary debates capital, wealth and income distribution, economic development, private and collective assets, financialization, global liberalisation and evaluate the evidence for both common and contrasting historical trends in national statistical data sources. To the developed economies upon which Piketty drew are added contributions covering Latin America, Africa, India and Japan, providing a global perspective upon a global phenomenon. The book seeks to provide readers with a deeper awareness and understanding of the significance of inequality in economic development, the varying pace and nature of economic change around the world, and the manner in which this process of change affects the distribution of incomes and wealth in diverse economies. The collection marks an important step in the process of developing Piketty's analytical framework and empirical material, overcoming some of their limitations and helping to cement a lasting place for inequality in the future agenda of economics and economic history.

Table of Contents

1. Introduction Pat Hudson and Keith Tribe Part I: Concepts and Models 2. Capital and Wealth G. C. Harcourt, University of New South Wales and Keith Tribe 3. Inequality Keith Tribe 4. Models, Money and Housing Avner Offer, University of Oxford Part II: Piketty in Western National Contexts 5. French Idiosyncracies Gauthier Lanot, Umea University 6. Fact or Fiction? Complexities of Economic Inequality in Twentieth-Century Germany Jan-Otmar Hesse, University of Bayreuth 7. Collective Wealth Formation: Conflict and Compromise in Sweden, 1950-2000 Ylva Hasselberg and Henry Ohlsson, Uppsala University 8. A Confusion of Capital in the United States Mary A. O'Sullivan, University of Geneva 9. Distributional Politics: The Search for Equality in Britain since the First World War Jim Tomlinson, University of Glasgow Part III: Piketty: Global Commentaries 10. Looking at Piketty from the Periphery Luis Bertola, Universidad de la Republica, Uruguay 11. The Differences of Inequality in Africa Patrick Manning and Matt Drwenski, University of Pittsburgh 12. Income Distribution in Pre-War Japan Tetsuji Okazaki, University of Tokyo 13. Piketty and India Prasannan Parthasarathi, Boston College Part IV: Prospect 14. Goals and Measures of Development: The Piketty Opportunity Pat Hudson 15. Wealth and Income Distribution: New Theories for a New Era Ravi Kanbur,Cornell University and Joseph E. Stiglitz, Columbia University

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The contradictions of capital in the twenty-first century : the Piketty opportunity

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