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Public lecture of Thomas Piketty: A Brief History of Equality

Summary:
The Public lecture of Thomas Piketty - the French economist and the author of the best-selling book “Capital in the Twenty-First Century”, which pushed inequality to the forefront of public debate! Piketty's work focuses on public economics, in particular income and wealth inequality. He is a Professor of Economics at the School for Advanced Studies in the Social Sciences, Associate Chair at the Paris School of Economics and Centennial Professor of Economics in the International Inequalities Institute at the London School of Economics. He is the author of the best-selling book Capital in the Twenty-First Century (2013), which emphasises the themes of his work on wealth concentrations and distribution over the past 250 years. The book argues that the rate of capital return in developed

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The Public lecture of Thomas Piketty - the French economist and the author of the best-selling book “Capital in the Twenty-First Century”, which pushed inequality to the forefront of public debate!



Piketty's work focuses on public economics, in particular income and wealth inequality. He is a Professor of Economics at the School for Advanced Studies in the Social Sciences, Associate Chair at the Paris School of Economics and Centennial Professor of Economics in the International Inequalities Institute at the London School of Economics.



He is the author of the best-selling book Capital in the Twenty-First Century (2013), which emphasises the themes of his work on wealth concentrations and distribution over the past 250 years. The book argues that the rate of capital return in developed countries is persistently greater than the rate of economic growth, and that this will cause wealth inequality to increase in the future. He sees this problem can be solved by redistribution through a progressive global wealth tax.



During the lecture, Thomas Piketty will talk about his new book, “A Brief History of Equality”. The New York Times notes that the book provides an opportunity "to see how Piketty brings his larger argument about the origins of inequality and his program for fighting it into high relief".



00:00 - 0:35 – Introduction

00:35 – Introducing speaker – Thomas Piketty

01:35 – The beginning of the presentation

03:30 – World inequality report 2022

12:15 - Level of inequality in different countries

14:25 - Level of gender inequality in different countries

16:07 - Level of carbon emission in different countries

19:06 - Presentation of the book "A Brief History of Equality"

22:12 - Contents of the book

23:40 - Evolution of the concentration of wealth

30:44 - The rise of the social State in Europe

35:24 - The invention of Progressive Taxation

38:27 - Growth and Progressive Taxation in US

39:59 - The Redistribution of Inheritance

43:19 - Participatory socialism and power-sharing

43:22 – Q&A session



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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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