11. Merit and Inheritance in the Long Run

Chapters in this book

1. Frontmatter i
2. Contents v
3. Acknowledgments vii
4. Introduction 1
5. Part One: Income and Capital
6. 1. Income and Output 39
7. 2. Growth: Illusions and Realities 72
8. Part Two: The Dynamics of the Capital/Income Ratio
9. 3. The Metamorphoses of Capital 113
10. 4. From Old Europe to the New World 140
11. 5. The Capital/Income Ratio over the Long Run 164
12. 6. The Capital- Labor Split in the Twenty- First Century 199
13. Part Three: The Structure of Inequality
14. 7. Inequalityand Concentration: Preliminary Bearings 237
15. 8. Two Worlds 271
16. 9. Inequality of Labor Income 304
17. 10. Inequality of Capital Own ership 336
18. 11. Merit and Inheritance in the Long Run 377
19. 12. Global Inequalityof Wealth in the Twenty- First Century 430
20. Part Four: Regulating Capital in the Twenty- First Century
21. 13. A Social State for the Twenty- First Century 471
22. 14. Rethinking the Progressive Income Tax 493
23. 15. A Global Tax on Capital 515
24. 16. The Question of the Public Debt 540
25. Conclusion 571
26. Notes 579
27. Contents in Detail 657
28. Tables and Illustrations 665
29. Index 671