
Capital
2013 · 816 pages
Piketty mined two centuries of tax records for the engine of inequality: capital grows faster than the economy, so fortunes pull away from wages. It made inequality the West's central political question.
★ 6.7

Piketty mined two centuries of tax records for the engine of inequality: capital grows faster than the economy, so fortunes pull away from wages. It made inequality the West's central political question.

Galbraith looked at postwar America and saw private opulence beside public squalor, with production manufacturing the wants it satisfies. Two generations of arguments over taxes and public spending have run in his channel.