El Capital En El Siglo Xxi [ VERIFIED | ROUNDUP ]

This concentration of wealth was only interrupted by the "shocks" of the two World Wars and the Great Depression, which destroyed capital and led to high taxes on the rich. This created a unique period where economic growth outpaced capital returns, allowing a middle class to flourish.

Capital in the Twenty-First Century - Harvard University Press El capital en el siglo XXI

To prevent a slide back into extreme inequality that could destabilize democracy, Piketty proposes a . He argues that because capital can easily move across borders, countries must work together to ensure that the "rentier" class contributes fairly to the society that supports their growth. This concentration of wealth was only interrupted by