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''Capital in the Twenty-First Century'' is a 2013 book by French economist Thomas Piketty. It focuses on wealth and income inequality in Europe and the United States since the 18th century. It was initially published in French (as ''Le Capital au XXIe siècle'') in August 2013; an English translation by Arthur Goldhammer followed in April 2014.〔"(Piketty's Capital: An Economist's Inequality Ideas Are All the Rage )" by Megan McArdle, ''Bloomberg Businessweek'', May 29, 2014〕 The book's central thesis is that when the rate of return on capital (''r'') is greater than the rate of economic growth (''g'') over the long term, the result is concentration of wealth, and this unequal distribution of wealth causes social and economic instability. Piketty proposes a global system of progressive wealth taxes to help reduce inequality and avoid the vast majority of wealth coming under the control of a tiny minority. On May 18, 2014, the English edition reached number one on the ''New York Times Best Sellers List'' for best selling hardcover nonfiction and became the greatest sales success ever of academic publisher Harvard University Press.〔Marc Tracy (24 April 2014). (Piketty's 'Capital': A Hit That Was, Wasn't, Then Was Again: How the French tome has rocked the tiny Harvard University Press ). ''The New Republic.'' Retrieved 27 April 2014.〕 As of January 2015, the book had sold 1.5 million copies in French, English, German, Chinese and Spanish. ==Publication and initial reception== When initially issued in French in August 2013, it was characterized by Laurent Mauduit as “a political and theoretical bulldozer.”〔Laurent Mauduit, ‘Piketty ausculte le capitalisme, ses contradictions et ses violentes inégalités,’ Mediapart, 03 Septembre 2013: ‘un bulldozer théorique et politique’〕〔Thomas B. Edsall, ('Capitalism vs.Democracy.' ) New York Times, 28 January 2014.〕 As news spread of its thesis in the English-speaking world, it was hailed by ''The Economist'' as "authoritative".〔(‘All men are created unequal: revisiting an old argument about the impact of capitalism,’ ) The Economist, 4 January 2014.〕 Paul Krugman has called it a landmark,〔Paul Krugman. (America’s Taxation Tradition,’ ) in New York Times, 27 March 2014 .〕 while former senior World Bank economist Branko Milanović considers it "one of the watershed books in economic thinking".〔John Cassidy, (‘Forces of Divergence:Is surging inequality endemic to capitalism?,’ ) in The New Yorker, 31 March 2014〕 In response to widespread curiosity abroad aroused by reviews of the original French edition published by Seuil in September 2013, it was translated rapidly into English and its publication date was pushed forward to March 2014 by Bellknap. It proved an overnight sensation〔('Thomas Piketty’s blockbuster book is a great piece of scholarship, but a poor guide to policy,' ) Economist 3 May 2014.〕 and ousted Michael Lewis’s financial exposé, ''Flash Boys: Cracking the Money Code'', from the top of the US best-seller list.〔John Lanchester ( ‘Flash Boys’ ) in London Review of Books Vol. 36 No. 11, 5 June 2014 pages 7-9〕 Within a year of its publication, Stephanie Kelton spoke of a "Piketty phenomenon",〔Heidi Moore, ('Why is Thomas Piketty's 700-page book a bestseller?,' ) The Guardian 21 September 2014-09-21〕 and in Germany three books had been published specifically dealing with Piketty's critique.〔Heinz-J. Bontrup, (''Pikettys Krisen-Analyse. Warum die Reichen immer reicher und die Armen immer ärmer werden,'' ) pad-verlag. Bergkamen 2014, ISBN 978-3-88515-260-6.〕〔Albert F. Reiterer, (''Der Piketty-Hype – "The great U-Turn". Piketty's Kapital und die neoliberale Vermögenskonzentration'' ), pad-Verlag, Bergkamen 2014, ISBN 978-3-88515-259-0.〕〔Stephan Kaufmann, Ingo Stützle, ( ''Kapitalismus: Die ersten 200 Jahre. Thomas Pikettys "Das Kapital im 21. Jahrhundert": Einführung, Debatte, Kritik'' ), Bertz + Fischer Verlag, Berlin 2014, ISBN 978-3-86505-730-3.〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Capital in the Twenty-First Century」の詳細全文を読む スポンサード リンク
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