Capital in the Twenty-First Century

Reading Level
Grade 16
Time to Read
15 hrs 29 mins

Reading Level

What is the reading level of Capital in the Twenty-First Century?

Analysing the books in the series, we estimate that the reading level of Capital in the Twenty-First Century is 15th and 16th grade.

Expert Readability Tests for
Capital in the Twenty-First Century

Readability Test Reading Level
Flesch Kincaid Scale Grade 13
SMOG Index Grade 15
Coleman Liau Index Grade 12
Dale Chall Readability Score Grade 5

Reading Time

15 hrs 29 mins

How long to read Capital in the Twenty-First Century?

The estimated word count of Capital in the Twenty-First Century is 232,190 words.

A person reading at the average speed of 250 words/min, will finish the book in 15 hrs 29 mins. At a slower speed of 150 words/min, they will finish it in 25 hrs 48 mins. At a faster speed of 450 words/min, they will finish it in 8 hrs 36 mins.

Capital in the Twenty-First Century - 232,190 words
Reading Speed Time to Read
Slow 150 words/min 25 hrs 48 mins
Average 250 words/min 15 hrs 29 mins
Fast 450 words/min 8 hrs 36 mins
Capital in the Twenty-First Century by Thomas Piketty
Authors
Thomas Piketty

More about Capital in the Twenty-First Century

232,190 words

Word Count

for Capital in the Twenty-First Century

24 hours and 58 minutes

Audiobook length


Description

What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate and set the agenda for the next generation of thought about wealth and inequality.Piketty shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality―the tendency of returns on capital to exceed the rate of economic growth―today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again.A work of extraordinary ambition, originality, and rigor, Capital in the Twenty-First Century reorients our understanding of economic history and confronts us with sobering lessons for today.