1. What was your reaction to the book?
2. What is the significance of inherited wealth?
3. What policy options for reducing wealth inequality are recommended by Piketty?
4. Why would there be no discussion of race or gender in a book that centers on inequality? Hasn’t discrimination contributed greatly to the wealth gap?
5. If those who already have the majority of capital continue to grow returns on it, what does that mean for people in developing communities who are trying to catch up?
6. Economists all have different conclusions (and statistics) about why or how the government should be involved. How would you decide how much government regulation will be effective in reducing inequality?
Add your questions and comments below!
Piketty frequently refers to the literature of the 19th century. Did this help you to put a face on the data? Do you think about society is returning to something like the conditions described in these books?
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It really does. I started reading it when it got translated but got distracted reading something else by the time I entered part 2. This time will be different!
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The literature references did make the data easier to get through. Especially since I’m more familiar with that material than with economics. It also wasn’t as dry as other development books like ‘Development As Freedom.’ I did think ‘Capital’ would have more information on global inequality but I suppose that would make for a much longer book . I hope some economists pick up where he left off.
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