Dec 08, 2014rpavlacic rated this title 4 out of 5 stars
This is not a book for the faint of heart. The reading level is at a first level university. Looking at historical information in twenty countries, the author has a damning indictment of money today. If you want to know why capitalist economies rise and fall, this is the book for you. Of note is how there is a definite link between the gap between extreme wealth and poverty in one country on one hand, and the ability to weather a recession on the other, the bigger the gap, the rougher the recession will be. The author also warns this gap may be eating away at the heart of democracy. This book is an attempt to reunite what has recently been two largely separate fields - economics and political science, back into what was once known as political economy. A well thought out theory but as with any theory it should not necessarily be taken at face value.
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Capital in the Twenty-first Century