Capital in the Twenty-First Century (book)

"Capital in the Twenty-First Century," written by economist Thomas Piketty, examines the dynamics of wealth and income inequality in modern economies. Piketty argues that capital accumulation has outpaced economic growth, leading to increasing inequality. He analyzes historical data to show how wealth concentration threatens democratic ideals and social stability. The book advocates for progressive taxation and policy reforms to address these disparities, highlighting the importance of fair wealth distribution for a just society. Piketty's work has sparked significant debate on economic policy and the future of capitalism.