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首页> 外文期刊>European journal of political economy >Inequality: The original economic sin of capitalism? An Evaluation of Thomas Piketty's 'Capital in the twenty-first century'
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Inequality: The original economic sin of capitalism? An Evaluation of Thomas Piketty's 'Capital in the twenty-first century'

机译:不平等:资本主义的原始经济罪过?对托马斯·皮凯蒂的“二十一世纪的资本”的评价

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This is a review article of Thomas Piketty's book "Capital in the twenty-first century". Piketty promotes the old theme that, under capitalism, the rich tend to become richer and the poor become poorer, at least in relative terms. We consider whether the data really shows that wealth and income are becoming more concentrated; the role of income transfers (Piketty's data is for pre-tax and pre-transfer income) and other influences on inequality such as real estate prices; the implications of social and economic mobility; the role of the state in fostering inequality; and the determination of socially acceptable inequality. We conclude that Piketty has not succeeded in showing that the inequality r > g (the rate of return is greater than the rate of growth) is the principal determinant of inequality. Piketty offers neither an accompanying theory of social justice nor a theoretical framework to support his case. In particular, lacking is a revealed appreciation of the effects of high marginal tax rates on growth and efficiency. (C) 2015 Elsevier B.V. All rights reserved.
机译:这是托马斯·皮凯蒂(Thomas Piketty)的著作“二十一世纪的资本”的一篇评论文章。皮凯蒂提倡一个古老的主题,即在资本主义制度下,至少相对而言,富人往往变得更富裕,而穷人却变得更穷。我们考虑数据是否真的表明财富和收入越来越集中;收入转移的作用(Piketty的数据用于税前和转移前收入)以及对不平等的其他影响,例如房地产价格;社会和经济流动的影响;国家在加剧不平等方面的作用;并确定社会上可接受的不平等。我们得出的结论是,Piketty未能成功表明不平等r> g(回报率大于增长率)是不平等的主要决定因素。皮凯蒂既没有提供伴随的社会正义理论,也没有提供支持他的案件的理论框架。特别是,缺乏对高边际税率对增长和效率的影响的明显了解。 (C)2015 Elsevier B.V.保留所有权利。

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