Economics#2: Capital in the Twenty-First Century by Thomas Piketty
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If the book feels a bit dense, there’s a documentary version available on Kanopy, which you can access for free through San Francisco Public Library or any library with Kanopy access.
Watching the documentary should be good enough to participate in the discussion, though reading the book is, of course, preferred.
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📚 In our second book of the economics series, following "Economics in One Lesson," Thomas Piketty's "Capital in the Twenty-First Century" expands our understanding of economic systems by diving deep into wealth inequality. Where our first book introduced fundamental economic principles, this work provides a comprehensive historical analysis of how capital accumulates and concentrates over time.
Piketty uses extensive data to demonstrate how the rate of return on capital consistently outpaces economic growth, creating a systemic tendency for wealth to concentrate among a small percentage of the population. By examining centuries of economic data, he offers a provocative critique of capitalism and proposes innovative solutions like a global wealth tax to address growing economic disparities.s our financial world.
After this session, we’ll continue with:
📖 The Undercover Economist by Tim Harford
📖 Freakonomics by Steven Levitt & Stephen Dubner
📖 The Big Short by Michael Lewis
Whether you’re new to economics or passionate about understanding the world through an economic lens, this series is for you. Come ready to discuss, and connect!