Table of Contents

Cover Title Page Copyright Contents Acknowledgments Note on the Text Introduction Part One: Income and Capital 1. Income and Output 2. Growth: Illusions and Realities Part Two: The Dynamics of the Capital/Income Ratio 3. The Metamorphoses of Capital 4. From Old Europe to the New World 5. The Capital/Income Ratio over the Long Run 6. The Capital-Labor Split in the Twenty-First Century Part Three: The Structure of Inequality 7. Inequality and Concentration: Preliminary Bearings 8. Two Worlds 9. Inequality of Labor Income 10. Inequality of Capital Ownership 11. Merit and Inheritance in the Long Run 12. Global Inequality of Wealth in the Twenty-First Century Part Four: Regulating Capital in the Twenty-First Century 13. A Social State for the Twenty-First Century 14. Rethinking the Progressive Income Tax 15. A Global Tax on Capital 16. The Question of the Public Debt Conclusion Contents in Detail List of Tables and Illustrations Index