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...

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Bibliographic Details
Main Author: Milanovic, Branko
Language:en_US
Published: American Economic Association 2014
Subjects:
Online Access:http://hdl.handle.net/10986/20541