The Wealth Divide: Unveiling Capital In The Twenty First Century

Chapter 1:Summary of Capital In The Twenty First Century book<br> <br> "Capital in the Twenty-First Century" is a book written by French economist Thomas Piketty, published in 2013. It explores the historical trends and patterns of wealth and income inequality in capitalist societies.<br> <br> Piketty's central argument is based on the premise that capitalism naturally leads to the concentration of wealth in the hands of a few, as the rate of return on capital (r) is higher than the rate of economic growth (g). This implies that those who own capital will always accumulate wealth at a faster rate...