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Capital and Ideology Best Audiobook Summary by Thomas Piketty

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Capital and Ideology by Thomas Piketty - Free Audiobook Summary and Review A New York Times Bestseller An NPR Best Book of the Year The epic successor to one of the most important books of the century: at once a retelling of global history, a scathing critique of contemporary politics, and a bold proposal for a new and fairer economic system. Thomas Piketty’s bestselling Capital in the Twenty-First Century galvanized global debate about inequality. In this audacious follow-up, Piketty challenges us to revolutionize how we think about politics, ideology, and history. He exposes the ideas that have sustained inequality for the past millennium, reveals why the shallow politics of right and left are failing us today, and outlines the structure of a fairer economic system. Our economy,

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Capital and Ideology by Thomas Piketty - Free Audiobook Summary and Review



A New York Times Bestseller

An NPR Best Book of the Year



The epic successor to one of the most important books of the century: at once a retelling of global history, a scathing critique of contemporary politics, and a bold proposal for a new and fairer economic system.



Thomas Piketty’s bestselling Capital in the Twenty-First Century galvanized global debate about inequality. In this audacious follow-up, Piketty challenges us to revolutionize how we think about politics, ideology, and history. He exposes the ideas that have sustained inequality for the past millennium, reveals why the shallow politics of right and left are failing us today, and outlines the structure of a fairer economic system.



Our economy, Piketty observes, is not a natural fact. Markets, profits, and capital are all historical constructs that depend on choices. Piketty explores the material and ideological interactions of conflicting social groups that have given us slavery, serfdom, colonialism, communism, and hyper capitalism, shaping the lives of billions. He concludes that the great driver of human progress over the centuries has been the struggle for equality and education and not, as often argued, the assertion of property rights or the pursuit of stability. The new era of extreme inequality that has derailed that progress since the 1980s, he shows, is partly a reaction against communism, but it is also the fruit of ignorance, intellectual specialization, and our drift toward the dead-end politics of identity.



Once we understand this, we can begin to envision a more balanced approach to economics and politics. Piketty argues for a new “participatory” socialism, a system founded on an ideology of equality, social property, education, and the sharing of knowledge and power. Capital and Ideology is destined to be one of the indispensable books of our time, a work that will not only help us understand the world, but that will change it.



This Book Is An Excellent Book About The History And Evolution Of Economic Inequality.

This is an excellent book about the history and evolution of economic inequality. Numerous human societies try to justify economic inequality. In many ways, the Cold War also created an ideological freeze, which discouraged new thinking about ways of transcending capitalism. The anticommunist euphoria that followed the fall of the Berlin Wall similarly discouraged fresh thinking right up to the Great Recession of 2008. The bottom 50% of the income distribution has seen no significant income growth since the early 1980s. Once overthrown, a new government may be possibly more oppressive than those that were overthrown. The collapse of Soviet Communism increased the concentration of income and wealth in the first two decades of the 21st Century. The author of the book believes in participatory socialism. He believes that there needs to be a wealth tax ensuring permanent circulation of property and wealth. He feels that part of the wealth must be returned to the community at that generation's passing, so that people will get a fresh start in life.



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Thomas Piketty
Thomas Piketty (7 May 1971) is a French economist who works on wealth and income inequality. He is a professor (directeur d'études) at the École des hautes études en sciences sociales (EHESS), associate chair at the Paris School of Economics and Centennial professor at the London School of Economics new International Inequalities Institute.

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