Reviews
“A sustained argument for why we should be optimistic about human progress…An engaged and clearheaded socialist thinker, Piketty sets forth…one of the most comprehensive and comprehensible social democratic programs available anywhere…He has laid out a plan that is smart, thoughtful, and motivated by admirable political convictions.”―Gary Gerstle, Washington Post
“An opportunity for readers to see Piketty bring his larger argument about the origins of inequality and his program for fighting it into high relief.”―Nicholas Lemann, New York Times
“A Brief History of Equality is a route into Piketty’s arguments in his earlier books, with their luxuriantly extensive data and historical detail. Anybody who has not been able to face those tomes…should read this one.”―Diane Coyle, Financial Times
“Peak Piketty…He possesses the rarest of abilities to analyze staggering quantities of information and offer original insights into the structures that underpin our economies…At a time when the concept of objective truth is under assault and when the nuance of argument can be drowned out by the shouting of slogans, there is something glorious about the scale of the work of Thomas Piketty. His arguments are vast in their detail, ever ambitious and always hopeful. This elegant and (by his standards) short book will allow any reader to understand the glory.”―Paschal Donohoe, Irish Times
“An analysis that might just provide a fresh opportunity for social hope…Piketty has undeniably identified clues about how to achieve a more egalitarian world.”―Richard Horton, The Lancet
“An activist’s history, part reckoning with the past and part manifesto for the future, designed to bolster the courage of those who would continue the forward march. It is an admirable undertaking…Piketty mounts an impassioned plea for a renewed and retooled commitment to equality in its various forms, laying out an ambitious blueprint for a new kind of democratic, self-managing and decentralized socialism, not least as a counter to the authoritarian, state-socialist model of China.”―Darrin M. McMahon, Literary Review
“Piketty is now attempting to revive an egalitarian political project that he traces all the way back to the Enlightenment, but which has stalled since 1980. In A Brief History of Equality he lays out a program of democratic socialist reforms―to taxation, property rights, corporate governance, international regulation and much else―that would invert recent trends.”―William Davies, London Review of Books
“Tidier and more lucid…Piketty is guardedly optimistic about the prospects for future social progress.”―Timothy Noah, New Republic
“Piketty…avoid[s] the twin seductions of triumphalism and hopelessness. He treats the concept of equality more expansively here, including not only income and property but also gender and race. By moving the focus from inequality to equality, he suggests that what’s needed isn’t only the harsh light of critique but also the remedy of repair.”―Jennifer Szalai, New York Times
“[Piketty] argues that we’re on a trajectory of greater, not less, equality and lays out his prescriptions for remedying our current corrosive wealth disparities.”―David Marchese, New York Times Magazine
“A nice distillation of the ‘rockstar’ economist’s ideas and a good entry point for the uninitiated…[Piketty] points out that an unequal concentration of wealth is bad for growth and corrosive to democracy, precisely because it limits social mobility and prevents people from accessing key institutions…If the politics of Europe and America during the last decade have taught us anything, it is that the failure to address inequality is highly corrosive to the social contract. It fosters distrust and resentment, and makes people vulnerable to demagogy, populism, xenophobia, and reactionary politics of all kinds.”―Jared Marcel Pollen, Quillette
“Surprisingly optimistic…Building on his previous works and drawing on the sweeping historical record, Piketty brings his larger argument about the origins of inequality and the political, social, and institutional contexts of its evolution into sharp relief.”―Era Dabla-Norris, Finance & Development
“Thomas Piketty presents a narrative of history that is optimistic―a narrative that shows, despite numerous setbacks, over the long durée that civilization is trending towards social, economic and political equality.”―Ethan Linehan, Marx and Philosophy Review of Books
“Merciful in its brevity, although no less intellectually rigorous. Designed to be read by politically-minded citizens, not just economists, it distills the key concepts from Piketty’s previous three books…Piketty’s overview of 20th-century history and politics has given us a blueprint for achievable political transformation and reason to hope that progress is possible.”―Eleni Vlahiotis, PopMatters
“[Piketty] constantly rethinks and seeks to address new audiences. His impact on political thinking and strategy is undoubted: there can be no denying that the increasing call for wealth taxation draws on his lead. In this spirit, this book will occupy a valuable place in his wider set of writings.”―Mike Savage, Administrative Science Quarterly
“This thought-provoking book is recommended to all readers who want to learn more about how the scourge of inequality might be dealt with and enhance the lives of all humans.”―Choice
“Marked by Piketty’s trademark lucidity, impressive multidisciplinary scholarship, and provocative progressivism, this is a vital introduction to his ideas.”―Publishers Weekly (starred review)
“There is no historian of global inequality more impactful today than Piketty. His latest book is a succinct synthesis of the important lessons of his work to date―a valuable resource for all of us trying to build an economy that is driven by value creation for all and not value extraction for the few.”―Mariana Mazzucato, author of Mission Economy: A Moonshot Guide to Changing Capitalism
“Thomas Piketty helped put inequality at the center of political debate. Now, he offers an ambitious program for addressing it. The revitalized democratic socialism he proposes goes beyond the welfare state by calling for guaranteed employment, inheritance for all, power-sharing in corporations, and new rules for globalization. This is political economy on a grand scale, a starting point for debate about the future of progressive politics.”―Michael J. Sandel, author of The Tyranny of Merit: Can We Find the Common Good?
“A Brief History of Equality is a literally exceptional book. Thomas Piketty documents the economic growth and moral progress humanity has experienced over the past three centuries and draws a new inspiration from this history. Others who emphasize progress succumb to flatfooted views of well-being, technocratic fear of politics, and quietism about justice. But Piketty confronts historical progress with a subtle understanding of human flourishing, a keen appreciation for political struggle, and a deep commitment to a more just world. In this way, Piketty makes past progress into a call to continue the struggle for justice, with stronger historical foundations, a deeper understanding of the present, and a clearer vision for the future.”―Daniel Markovits, author of The Meritocracy Trap: How America’s Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite
“A profound and optimistic call to action and reflection. For Piketty, the arc of history is long, but it does bend toward equality. There is nothing automatic about it, however: as citizens, we must be ready to fight for it, and constantly (re)invent the myriad of institutions that will bring it about. This book is here to help.”―Esther Duflo, Nobel Laureate in Economic Sciences
In this groundbreaking work, renowned economist Thomas Piketty challenges the prevailing narrative of growing inequality, arguing instead that humanity has made significant strides towards greater equality over the past few centuries. Through a comprehensive analysis of historical data and economic trends, Piketty presents a refreshingly optimistic view of human progress while acknowledging the ongoing struggles for justice and fairness. He expertly weaves together economic theory, historical events, and social movements to paint a nuanced picture of our journey towards a more equitable world, offering both hope and a call to action for readers concerned about the future of society.
A Brief History of Equality is primarily aimed at readers interested in economics, history, and social justice who may not have a formal background in these fields. While Piketty’s arguments are grounded in complex economic theories and extensive data analysis, he presents his ideas in an accessible manner, making the book suitable for a general audience. The book would particularly appeal to policymakers, students, activists, and engaged citizens looking to understand the long-term trends shaping our society. Piketty’s optimistic yet critical approach also makes this work valuable for those seeking a balanced perspective on progress and inequality in the modern world.
Picture a world where the gap between rich and poor is slowly but steadily closing, where social progress marches forward despite occasional setbacks, and where the arc of history bends towards justice and equality. This optimistic vision forms the foundation of Thomas Piketty’s A Brief History of Equality, a book that challenges our perceptions of societal progress and invites us to reconsider the narrative of growing inequality.
Piketty takes readers on a journey through time, examining the evolution of equality from the 18th century to the present day. He argues that, contrary to popular belief, humanity has made significant strides towards greater equality over the past few centuries. The author meticulously dissects historical data, economic trends, and social movements to support his thesis, presenting a nuanced picture of human progress that acknowledges both achievements and ongoing challenges.
One of the key aspects of Piketty’s analysis is his focus on multiple dimensions of equality. He doesn’t limit his discussion to income or wealth distribution but expands it to include social, political, and educational equality. By examining these various facets, Piketty provides a comprehensive view of how societies have become more egalitarian over time, even if progress has been uneven and sometimes slow.
The book doesn’t shy away from addressing the obstacles that have hindered the march towards equality. Piketty explores the role of institutions, power structures, and ideologies in both facilitating and impeding progress. He critically examines how colonialism, slavery, and other forms of exploitation have shaped global inequality, and how their legacies continue to influence our world today.
Readers of A Brief History of Equality will gain a fresh perspective on the long-term trends shaping our society. They’ll learn to interpret historical events and economic data through the lens of equality, understanding how seemingly disparate phenomena like the French Revolution, the rise of the welfare state, and the civil rights movement are all part of a larger narrative of human progress. Moreover, they’ll acquire tools to critically assess contemporary debates about inequality and social justice, armed with a deeper understanding of the historical context and the potential for positive change.
The central thesis of A Brief History of Equality is that humanity has made substantial progress towards greater equality over the past few centuries, despite ongoing challenges and setbacks. Piketty argues that this progress is not an accident but the result of deliberate choices, social movements, and institutional changes.
Piketty contends that we often fail to appreciate this progress because we focus on short-term fluctuations or compare our current situation to an idealized future rather than the actual past. He encourages readers to take a longer view, examining how factors like life expectancy, education access, political rights, and income distribution have evolved over centuries rather than decades.
However, Piketty is not blindly optimistic. He acknowledges that progress has been uneven and that significant challenges remain. He argues that understanding the historical trajectory of equality can inform our approach to current issues, providing both hope and a roadmap for future progress.
A Brief History of Equality represents a significant contribution to the field of economic history and the study of inequality. Its importance lies not just in its thought-provoking thesis, but in the way it challenges prevailing narratives and offers a new framework for understanding social progress.
Piketty’s work has sparked intense debate among economists, historians, and policymakers. Some have praised his optimistic perspective as a necessary counterbalance to doom-laden narratives about rising inequality. Others have criticized his methodology or argued that he underestimates the challenges posed by recent trends in wealth concentration.
The book’s impact extends beyond academic circles. By presenting complex economic concepts in an accessible manner, Piketty has helped to shape public discourse on inequality and social justice. His work has been cited by politicians, activists, and thought leaders across the political spectrum, influencing debates on issues ranging from taxation to education policy.
While A Brief History of Equality hasn’t received the same level of mainstream attention as Piketty’s earlier work Capital in the Twenty-First Century, it has been widely recognized within academic and policy circles. The book has been praised for its ambitious scope and rigorous analysis, with many reviewers noting its potential to reshape how we think about progress and equality.
Perhaps most significantly, Piketty’s work serves as a call to action. By demonstrating that progress towards equality is possible and has indeed occurred, he challenges readers to consider how they can contribute to continuing this trend. The book thus serves not just as a historical analysis, but as a roadmap for future social and economic policy.
Thomas Piketty’s A Brief History of Equality offers a refreshing and thought-provoking perspective on the long-term trajectory of human progress towards greater equality. We find that the book’s comprehensive historical analysis, backed by extensive data, provides a solid foundation for its optimistic yet realistic view of societal development.
We appreciate Piketty’s multidimensional approach to equality, which goes beyond mere economic metrics to include social, political, and educational aspects. This holistic view gives readers a more nuanced understanding of how societies have become more egalitarian over time, challenging simplistic narratives of unrelenting inequality.
The book’s accessible writing style is commendable, making complex economic concepts and historical trends understandable to a wide audience. We believe this accessibility is crucial, as it allows Piketty’s important insights to reach beyond academic circles and contribute to broader public discourse on equality and social justice.
However, we also note some limitations in Piketty’s work. The book’s focus on Western societies, particularly Europe and North America, may limit its global applicability. We feel that a more comprehensive inclusion of diverse global experiences could have strengthened Piketty’s arguments and provided a truly universal perspective on the history of equality.
Additionally, we find that the book could have benefited from a deeper exploration of how technological advancements and environmental factors have influenced and continue to shape patterns of equality and inequality. These are critical considerations in our rapidly changing world, and their limited treatment in the book represents a missed opportunity.
Despite these limitations, we believe that Piketty’s work makes a valuable contribution to our understanding of equality and social progress. The book’s long-term perspective offers a counterpoint to more pessimistic views of rising inequality, providing hope and inspiration for continued efforts towards a more equal society.
Our Recommendation
We strongly recommend A Brief History of Equality to readers interested in gaining a deeper understanding of the historical trends shaping our society. The book offers valuable insights for policymakers, activists, students, and engaged citizens alike, providing a solid foundation for informed discussions about equality and social justice.
However, we suggest that readers complement Piketty’s work with other sources that address its blind spots, particularly regarding non-Western perspectives, technological impacts, and environmental considerations. By doing so, readers can develop a more comprehensive and nuanced understanding of the complex issues surrounding equality in our globalized, rapidly changing world.
The essence of Thomas Piketty’s A Brief History of Equality lies in its exploration of the long-term trends towards greater equality in human societies. Piketty argues that, contrary to popular belief, we have made significant progress in reducing various forms of inequality over the past few centuries. He examines this progress through multiple lenses, including economic, social, and political dimensions. By taking a broad historical view, Piketty demonstrates that the march towards equality, while not always linear or uniform, has been a consistent feature of human development.
One of the key concepts Piketty introduces is the idea of “equality regimes.” These are sets of institutions, laws, and social norms that shape the distribution of resources and power within a society. Piketty argues that these regimes have evolved over time, generally moving towards greater equality. He examines how factors such as progressive taxation, social welfare programs, and expanding political rights have contributed to this trend. The author contends that understanding these equality regimes is crucial for comprehending how societies change and how we can continue to promote equality in the future.
Another critical element of Piketty’s argument is his analysis of the relationship between economic growth and equality. He challenges the common assumption that there is a trade-off between equality and economic efficiency. Instead, Piketty suggests that greater equality can actually contribute to sustainable economic growth. He points to historical examples where periods of increasing equality coincided with robust economic development. This perspective offers a compelling counterargument to those who claim that efforts to reduce inequality will inevitably harm economic performance.
Piketty also emphasizes the importance of education in the progression towards equality. He argues that the expansion of access to education has been one of the most powerful equalizing forces in modern history. By examining data on educational attainment and its correlation with income and social mobility, Piketty demonstrates how increased educational opportunities have contributed to reducing inequality. He also discusses the challenges that remain in ensuring equal access to quality education and the potential for education to continue driving progress towards equality in the future.
The role of political institutions in shaping equality is another crucial topic in Piketty’s book. He explores how the expansion of democratic rights and the development of more inclusive political systems have contributed to greater equality. Piketty argues that political equality is not just an end in itself, but also a means to achieve greater economic and social equality. He examines how democratic processes have enabled the implementation of policies that redistribute wealth and power, such as progressive taxation and labor rights legislation.
Piketty also addresses the global dimensions of inequality. He discusses how international relations, including colonialism and trade policies, have influenced patterns of inequality both within and between nations. The author argues that understanding these global dynamics is crucial for addressing contemporary challenges of inequality. He explores how international cooperation and global governance structures could play a role in promoting equality on a worldwide scale.
The concept of “just inequality” is another important element of Piketty’s analysis. While advocating for greater equality, he acknowledges that some level of inequality may be justified or even necessary in a functioning society. The challenge, as Piketty sees it, is to determine what level of inequality is acceptable and how to structure societies to prevent excessive concentration of wealth and power. This nuanced approach allows for a more realistic and practical discussion of equality, moving beyond simplistic calls for absolute equality.
The French Revolution and Property Rights
Piketty uses the French Revolution as a pivotal example of how social and political upheavals can lead to significant changes in equality regimes. He discusses how the revolution led to the abolition of aristocratic privileges and the establishment of more egalitarian property rights. This example illustrates how dramatic political changes can reshape the distribution of wealth and power in a society, setting the stage for long-term trends towards greater equality.
The New Deal and Social Welfare
The author examines the New Deal in the United States as a case study of how governments can implement policies to reduce inequality. Piketty discusses how programs like Social Security and labor protections contributed to a significant reduction in income inequality in the mid-20th century. This example demonstrates how policy choices can have a substantial impact on economic equality and highlights the role of the state in shaping equality regimes.
Civil Rights Movements and Political Equality
Piketty explores various civil rights movements, including the African American civil rights movement in the United States, as examples of how marginalized groups have fought for and achieved greater political equality. He discusses how these movements led to expanded voting rights and anti-discrimination laws, which in turn contributed to greater economic and social equality. This case study illustrates the interconnectedness of different forms of equality and the power of social movements in driving progress.
Post-War Europe and Progressive Taxation
The author uses the example of post-World War II Europe to illustrate how progressive taxation and social welfare policies can contribute to reducing inequality. Piketty examines how countries like France and Sweden implemented high tax rates on top incomes and used the revenue to fund expansive social programs. This case study demonstrates how fiscal policy can be a powerful tool for redistribution and how societies can choose to structure their economies in ways that promote greater equality.
The Global South and Economic Development
Piketty discusses the experiences of countries in the Global South, particularly in Asia, as examples of how economic development can contribute to reducing global inequality. He examines how rapid industrialization and economic growth in countries like China and India have lifted millions out of poverty and narrowed the gap with wealthier nations. This example illustrates the complex relationship between economic growth and equality on a global scale.
Universal Education and Social Mobility
The author explores the expansion of public education in various countries as a case study of how increased access to education can promote equality. Piketty examines data from countries that implemented universal education policies, showing how these policies correlated with increased social mobility and reduced income inequality. This example highlights the crucial role of education in creating more equal societies and the potential for policy interventions to have long-term equalizing effects.
Long-term Perspective is Crucial
One of the key insights from Piketty’s work is the importance of adopting a long-term perspective when assessing progress towards equality. By examining data spanning several centuries, Piketty demonstrates that short-term fluctuations or setbacks often obscure the overall trend towards greater equality. This insight can be applied by policymakers and social scientists in their approach to addressing inequality. Instead of focusing solely on immediate results, they should design and evaluate policies with a view to their long-term impacts. For instance, educational reforms might not show immediate effects on income distribution, but over decades, they can significantly alter the landscape of opportunity and social mobility. Similarly, individuals can apply this insight by considering their personal and professional development over extended periods, recognizing that progress may be slow but cumulative.
Multidimensional Nature of Equality
Piketty emphasizes that equality is not just about income or wealth distribution, but encompasses various aspects of human life. This multidimensional view of equality includes factors such as access to education, healthcare, political rights, and social status. To apply this insight, policymakers should adopt a holistic approach to promoting equality, addressing multiple dimensions simultaneously. For example, efforts to reduce income inequality should be complemented by initiatives to improve access to quality education and healthcare. At an organizational level, companies can implement this insight by considering not just wage disparities, but also differences in benefits, professional development opportunities, and workplace conditions across all levels of employees. Individuals can apply this concept by striving for balance in various aspects of their lives, recognizing that personal growth and success are not solely determined by financial metrics.
Institutions Matter
A crucial insight from Piketty’s work is the significant role that institutions play in shaping equality regimes. He argues that the development of more inclusive political and economic institutions has been a key driver of progress towards equality. To apply this insight, societies should focus on strengthening democratic institutions, ensuring that they are representative and accountable. This could involve reforms to campaign finance laws, efforts to increase voter participation, or measures to enhance transparency in government decision-making. At a local level, community organizations can apply this insight by adopting inclusive governance structures that give voice to diverse perspectives. In the corporate world, companies can implement more democratic decision-making processes, such as involving employees in major strategic decisions or implementing robust systems for feedback and suggestions.
Education as an Equalizing Force
Piketty highlights the crucial role of education in promoting equality. He argues that the expansion of access to education has been one of the most powerful equalizing forces in modern history. To apply this insight, governments should prioritize investments in public education, focusing not just on primary and secondary schooling, but also on early childhood education and lifelong learning opportunities. This could involve policies such as increasing funding for public schools in underserved areas, expanding access to higher education through scholarship programs, or developing comprehensive adult education initiatives. Employers can apply this insight by offering robust professional development programs and supporting employees’ continuing education efforts. Individuals can leverage this insight by prioritizing their own education and skills development throughout their lives, recognizing education as a key tool for personal growth and social mobility.
The Power of Progressive Taxation
One of the key policy tools Piketty identifies for promoting equality is progressive taxation. He argues that well-designed tax systems can play a crucial role in redistributing wealth and preventing excessive concentration of economic power. To apply this insight, policymakers should consider implementing more progressive tax structures, with higher rates on top incomes and wealth. This could include measures such as increasing estate taxes, implementing wealth taxes, or closing loopholes that disproportionately benefit high-income individuals. At a corporate level, companies can apply this principle by adopting more progressive pay structures, with smaller gaps between the highest and lowest paid employees. Individuals can support this approach by advocating for fair tax policies and being conscious of how their financial decisions impact overall societal inequality.
Global Cooperation is Essential
Piketty emphasizes that addressing inequality in the modern world requires global cooperation. He argues that many of the challenges we face, from tax evasion to climate change, cannot be effectively addressed by individual nations acting alone. To apply this insight, countries should work towards strengthening international institutions and developing coordinated approaches to global issues. This could involve efforts to establish global minimum tax rates, develop international agreements on labor standards, or create more effective mechanisms for sharing technology and resources across borders. NGOs and civil society organizations can apply this insight by fostering international collaborations and sharing best practices across countries. Multinational corporations can contribute by adopting consistent, high standards for worker treatment and environmental protection across all their global operations.
Social Movements Drive Progress
Piketty’s work underscores the importance of social movements in driving progress towards equality. He demonstrates how grassroots organizing and collective action have been crucial in achieving major reforms throughout history. To apply this insight, individuals and organizations should recognize the power of collective action and actively engage in civil society. This could involve participating in or supporting social justice movements, joining labor unions, or engaging in community organizing efforts. Politicians and policymakers can apply this insight by being responsive to social movements and incorporating their demands into policy agendas. Companies can engage with this concept by fostering a culture that encourages employee activism and corporate social responsibility.
Economic Growth and Equality Can Coexist
Contrary to some economic theories, Piketty argues that there isn’t necessarily a trade-off between economic growth and equality. In fact, he suggests that greater equality can contribute to more sustainable and robust economic growth. To apply this insight, policymakers should focus on creating inclusive growth strategies that benefit a broad swath of the population. This could involve policies such as investing in infrastructure and education, promoting small business development, or implementing targeted programs to boost employment in underserved communities. Businesses can apply this concept by recognizing that investing in their workforce and contributing to community development can lead to long-term profitability. Investors can consider this insight when making decisions, recognizing that companies with more equitable practices may be better positioned for sustainable long-term growth.
Comprehensive Historical Analysis
Thomas Piketty’s A Brief History of Equality stands out for its sweeping historical perspective on equality. The author meticulously examines data and trends spanning several centuries, providing readers with a rich, contextual understanding of how societies have evolved in terms of equality. This long-term view allows Piketty to identify patterns and trajectories that might be overlooked in analyses focused on shorter time frames. By tracing the development of equality from the 18th century to the present day, Piketty offers a unique vantage point from which to assess our current situation and potential future directions. This comprehensive approach helps readers understand that progress towards equality is not linear but rather a complex process influenced by various social, political, and economic factors over time.
Multidimensional Approach to Equality
One of the book’s significant strengths is its multifaceted examination of equality. Piketty goes beyond the conventional focus on income and wealth distribution to explore various dimensions of equality, including social, political, and educational aspects. This holistic approach provides a more nuanced and complete picture of how societies have become more egalitarian over time. By considering factors such as access to education, healthcare, and political rights alongside economic indicators, Piketty offers a richer understanding of equality and its impact on human well-being. This multidimensional perspective challenges readers to think more broadly about what constitutes a fair and equal society, encouraging a more comprehensive approach to addressing inequality.
Data-Driven Arguments
Piketty’s work is grounded in extensive data analysis, lending credibility and weight to his arguments. The author draws on a vast array of historical records, economic statistics, and social indicators to support his thesis. This rigorous empirical approach allows Piketty to move beyond anecdotal evidence or ideological assertions, providing a solid foundation for his claims about long-term trends in equality. The use of data also enables Piketty to challenge common misconceptions and present counterintuitive findings, such as the overall trend towards greater equality despite periods of increasing disparity. By backing his arguments with substantial quantitative evidence, Piketty offers a compelling case that can withstand scrutiny and contribute meaningfully to academic and policy debates.
Optimistic Yet Realistic Perspective
A Brief History of Equality strikes a balance between optimism and realism in its assessment of human progress. While Piketty argues that we have made significant strides towards greater equality, he does not shy away from acknowledging ongoing challenges and setbacks. This nuanced approach provides a refreshing counterpoint to both overly pessimistic narratives about rising inequality and naive assertions of unimpeded progress. By highlighting historical achievements while also identifying areas where further work is needed, Piketty offers a perspective that is both encouraging and motivating. This balanced view can inspire readers to engage with issues of equality and social justice, armed with a sense of possibility based on past successes and an awareness of the work that remains to be done.
Policy Relevance
Another strength of Piketty’s work is its relevance to contemporary policy debates. While the book provides a historical analysis, it consistently draws connections to current issues and challenges. Piketty uses his examination of past trends and policies to offer insights into how we might address present-day inequalities. For instance, his analysis of the role of progressive taxation in reducing inequality in the mid-20th century provides valuable lessons for current discussions about tax policy. By grounding policy recommendations in historical evidence, Piketty offers a compelling basis for decision-making. This approach makes the book not just an academic exercise but a valuable resource for policymakers, activists, and engaged citizens seeking to understand and influence the trajectory of equality in their societies.
Accessible Writing Style
Despite dealing with complex economic concepts and extensive historical data, Piketty manages to present his ideas in an accessible manner. The author’s clear and engaging writing style makes the book approachable for readers who may not have a background in economics or history. Piketty uses relatable examples and clear explanations to elucidate complex ideas, ensuring that his arguments are comprehensible to a wide audience. This accessibility is crucial given the importance of the book’s subject matter, as it allows Piketty’s ideas to reach beyond academic circles and contribute to broader public discourse on equality and social justice.
Potential Western Bias
While Piketty’s analysis is extensive, it may be critiqued for focusing primarily on Western societies, particularly Europe and North America. This emphasis could limit the global applicability of his conclusions. The experiences of non-Western countries, especially those in the Global South, may not be fully captured in Piketty’s narrative of progress towards equality. For instance, the impact of colonialism and post-colonial economic structures on equality in many African and Asian countries might require a different analytical framework. A more comprehensive inclusion of diverse global experiences could have strengthened Piketty’s arguments and provided a truly universal perspective on the history of equality.
Underexploration of Technological Impact
Another potential weakness of the book is its limited exploration of how technological advancements have influenced equality. While Piketty touches on the role of technology in economic development, he could have delved deeper into how technological changes have shaped and continue to shape patterns of equality and inequality. For example, the impact of the digital revolution on labor markets, wealth creation, and access to information are crucial factors in contemporary discussions of equality. A more thorough examination of these technological dynamics could have provided additional insights into current trends and future challenges in the pursuit of equality.
Optimism May Overshadow Persistent Challenges
While Piketty’s optimistic perspective on the long-term trend towards equality is well-supported by data, it runs the risk of understating the severity and persistence of current inequalities. Some critics might argue that by emphasizing historical progress, the book could inadvertently downplay the urgency of addressing present-day disparities. For instance, while acknowledging that progress has been made in reducing extreme poverty globally, the book might not fully capture the lived experiences of those still facing significant economic hardship. A more extensive discussion of how historical progress translates (or fails to translate) into tangible improvements in people’s lives today could have provided a more balanced view.
Limited Discussion of Intersectionality
While Piketty addresses multiple dimensions of equality, the book could benefit from a more thorough exploration of how different forms of inequality intersect and compound each other. The concept of intersectionality, which examines how various social categorizations such as race, class, and gender create overlapping systems of discrimination or disadvantage, is not extensively addressed. A deeper analysis of how these intersecting factors have influenced the historical trajectory of equality could have provided a more nuanced understanding of why progress has been uneven across different social groups. This additional layer of analysis would have enriched Piketty’s overall argument and offered more comprehensive insights into the complexities of achieving equality in diverse societies.
Overemphasis on Economic Metrics
While Piketty’s A Brief History of Equality provides a comprehensive analysis of economic equality, it may not fully capture the multifaceted nature of human well-being and satisfaction. The book’s focus on economic metrics could lead readers to overemphasize financial measures of equality at the expense of other important factors such as social cohesion, cultural richness, or environmental sustainability. This economic-centric view might overlook the fact that societies with similar levels of economic equality can have vastly different qualities of life due to non-economic factors. For a more holistic perspective on human flourishing beyond economic measures, readers might consider supplementing Piketty’s work with books like The Economics of Happiness by Bruno S. Frey and Alois Stutzer or Happiness: Lessons from a New Science by Richard Layard. These works explore how factors beyond economic equality contribute to overall life satisfaction and societal well-being.
Underexploration of Psychological Factors
Piketty’s analysis, while thorough in its examination of historical and economic trends, may not fully account for the psychological factors that influence perceptions of equality and individuals’ responses to inequality. The book’s emphasis on objective measures of equality could overlook the importance of subjective experiences and relative comparisons in shaping people’s attitudes and behaviors. For instance, even in societies that have become more equal by objective measures, people might still experience feelings of unfairness or resentment if they perceive others as having unearned advantages. This psychological dimension is crucial for understanding why efforts to increase equality sometimes face resistance or fail to produce expected social harmony. To address this blind spot, readers might turn to works like The Spirit Level: Why More Equal Societies Almost Always Do Better by Richard Wilkinson and Kate Pickett, which explores the psychological and social impacts of inequality, or Strangers in Their Own Land by Arlie Russell Hochschild, which examines the emotional underpinnings of political attitudes towards equality and fairness.
Limited Discussion of Cultural Differences
A Brief History of Equality may not fully explore how cultural differences impact the understanding and pursuit of equality across different societies. Piketty’s analysis, while global in scope, might not adequately capture how varying cultural values and social norms influence what equality means and how it is achieved in different contexts. For example, societies with more collectivist cultural orientations might prioritize different aspects of equality compared to more individualistic societies. This cultural blind spot could lead to misapplications of Piketty’s insights in diverse cultural contexts. For a deeper understanding of how cultural factors shape concepts of equality and social justice, readers might explore Culture and Equality: An Egalitarian Critique of Multiculturalism by Brian Barry or The Dignity of Difference: How to Avoid the Clash of Civilizations by Jonathan Sacks. These works provide valuable perspectives on how cultural diversity intersects with notions of equality and fairness.
Underexploration of Environmental Factors
While Piketty touches on various dimensions of equality, his book may not fully address the growing importance of environmental factors in shaping equality and inequality. The impacts of climate change and environmental degradation are likely to have significant effects on global patterns of equality, potentially exacerbating existing inequalities or creating new ones. This environmental blind spot could lead readers to underestimate the importance of ecological considerations in future efforts to promote equality. The book’s historical focus, while valuable, might not adequately prepare readers for the unprecedented challenges posed by global environmental changes. To gain a more comprehensive understanding of how environmental factors intersect with issues of equality, readers might turn to works like Climate Change and the Course of Global History by John L. Brooke or The Uninhabitable Earth by David Wallace-Wells. These books explore how environmental changes have shaped and will continue to shape human societies, including patterns of equality and inequality.
Limited Exploration of Technological Disruption
Piketty’s historical analysis, while extensive, may not fully capture the potential for rapid technological change to disrupt existing patterns of equality. The book’s emphasis on long-term trends might underestimate the transformative potential of emerging technologies like artificial intelligence, automation, and biotechnology. These technological advancements have the potential to radically reshape labor markets, wealth creation, and social structures in ways that could either exacerbate or reduce inequalities. This blind spot could lead readers to underappreciate the need for adaptive policies and strategies to address technological disruption in the pursuit of equality. For a deeper exploration of how technology might impact future equality, readers could complement Piketty’s work with books like The Second Machine Age by Erik Brynjolfsson and Andrew McAfee or AI Superpowers by Kai-Fu Lee. These works provide insights into how technological advancements might reshape societal structures and the implications for equality in the coming decades.
Capital in the Twenty-First Century by Thomas Piketty
Piketty’s earlier work, Capital in the Twenty-First Century, serves as an interesting point of comparison with A Brief History of Equality. While both books deal with issues of economic inequality, they differ significantly in their overall tone and conclusions. Capital presented a more pessimistic view, arguing that capitalism inherently tends towards increasing inequality due to the tendency of returns on capital to exceed economic growth rates. In contrast, A Brief History of Equality offers a more optimistic perspective, highlighting the progress made towards greater equality over time. This shift in tone reflects Piketty’s evolving thoughts on the subject and provides readers with a more nuanced understanding of long-term trends in equality. The two books also differ in their methodological approach, with Capital focusing more on contemporary economic analysis, while A Brief History of Equality takes a broader historical view. This comparison highlights how Piketty’s thinking has developed over time and how different analytical approaches can lead to varying conclusions about the same fundamental issues.
The Great Leveler by Walter Scheidel
Walter Scheidel’s The Great Leveler presents a stark contrast to Piketty’s optimistic narrative in A Brief History of Equality. Scheidel argues that significant reductions in inequality have historically only occurred as a result of violent upheavals such as wars, revolutions, state collapses, or pandemics. This pessimistic view stands in sharp opposition to Piketty’s argument that peaceful, institutional changes have driven progress towards equality. The comparison between these two works raises important questions about the mechanisms of social change and the sustainability of equality-promoting measures. While Piketty emphasizes the role of policy and social movements in advancing equality, Scheidel’s work suggests that more dramatic forces may be necessary. This contrast encourages readers to critically examine the historical evidence and consider the potential limitations of peaceful reform in addressing deep-seated inequalities.
The Price of Inequality by Joseph Stiglitz
Joseph Stiglitz’s The Price of Inequality provides an interesting counterpoint to Piketty’s work. While both authors are concerned with inequality, Stiglitz focuses more on the negative consequences of inequality for economic efficiency and societal well-being. Stiglitz argues that high levels of inequality are not just morally problematic but also economically damaging, leading to reduced economic growth and social instability. In contrast, Piketty’s A Brief History of Equality places more emphasis on the historical trajectory of equality and the potential for continued progress. The comparison between these works highlights different aspects of the inequality debate – while Stiglitz emphasizes the current costs of inequality, Piketty provides a longer-term perspective on how societies have grappled with and reduced inequality over time. This comparison encourages readers to consider both the immediate impacts of inequality and the potential for long-term social change.
The Spirit Level by Richard Wilkinson and Kate Pickett
The Spirit Level by Richard Wilkinson and Kate Pickett offers an interesting comparison to Piketty’s work. While both books argue for the importance of equality, they approach the subject from different angles. Wilkinson and Pickett focus on the social and health consequences of inequality, presenting evidence that more equal societies tend to perform better on a wide range of social indicators. In contrast, Piketty’s A Brief History of Equality is more concerned with the historical processes that have led to greater equality over time. The comparison between these works highlights the multifaceted nature of equality – while Piketty emphasizes the economic and political dimensions, Wilkinson and Pickett draw attention to the broader social impacts. This comparison encourages readers to consider equality not just as an economic or political issue, but as a factor that profoundly affects the overall health and well-being of societies.
Develop a Long-Term Perspective on Progress
Adopt a Multidimensional Approach to Equality
Leverage Education as an Equalizing Force
Promote Progressive Economic Policies
Engage in Global Cooperation
Participate in and Support Social Movements
Foster Inclusive Practices in Your Workplace
Cultivate Personal Empathy and Understanding
Adopt a Long-Term Perspective on Equality
Businesses can apply Piketty’s long-term perspective on equality by developing and implementing comprehensive, multi-year diversity and inclusion strategies. This approach involves setting ambitious, long-term goals for creating a more equitable workplace, rather than focusing solely on short-term metrics or quick fixes. Companies should conduct thorough assessments of their current state of equality across various dimensions, including representation at different levels, pay equity, and inclusion in decision-making processes. Based on these assessments, businesses can create detailed roadmaps with specific milestones and targets for improvement over a 5-10 year period.
Implementing such a long-term strategy can be challenging due to several factors. Short-term pressures from shareholders or market conditions may divert attention and resources from long-term equality initiatives. There may also be resistance from some employees or managers who don’t see the immediate benefits of these efforts or feel threatened by changes to the status quo. Additionally, maintaining momentum and commitment to long-term goals can be difficult, especially when progress is slow or setbacks occur.
To overcome these challenges, businesses should integrate their equality goals into their overall corporate strategy and key performance indicators. This integration can help ensure that equality initiatives receive consistent attention and resources. Regular communication about the long-term vision and progress towards goals can help maintain employee buy-in and enthusiasm. Companies should also consider tying executive compensation to progress on equality metrics to ensure leadership remains committed to these long-term goals. Finally, celebrating small wins and milestones along the way can help maintain momentum and demonstrate the tangible benefits of the equality strategy.
Implement Multidimensional Equality Measures
Drawing from Piketty’s multidimensional approach to equality, businesses should expand their focus beyond traditional diversity metrics to address various aspects of workplace equality. This could include examining and improving equality in areas such as access to professional development opportunities, representation in decision-making processes, work-life balance policies, and psychological safety in the workplace. Companies should develop comprehensive equality scorecards that track progress across these multiple dimensions, ensuring a holistic approach to creating an equitable work environment.
Implementing such a multidimensional approach can be complex and resource-intensive. It requires sophisticated data collection and analysis capabilities to track progress across various equality dimensions. There may also be challenges in defining and measuring some of the less tangible aspects of equality, such as psychological safety or inclusion in informal networks. Additionally, addressing multiple dimensions of equality simultaneously can be overwhelming for managers and employees, potentially leading to initiative fatigue or resistance.
To address these challenges, businesses can start by prioritizing a few key dimensions of equality based on their specific organizational context and gradually expand their focus over time. Investing in robust data analytics capabilities and partnering with external experts can help in developing effective measurement tools for various equality dimensions. To prevent initiative fatigue, companies should focus on integrating equality considerations into existing processes and systems rather than creating numerous new initiatives. Regular training and communication can help employees and managers understand the interconnected nature of various equality dimensions and the importance of a holistic approach.
Leverage Education as an Equalizing Force
Inspired by Piketty’s emphasis on education as a key driver of equality, businesses can significantly expand their investment in employee education and skill development programs. This could involve creating comprehensive in-house training programs, offering tuition reimbursement for external education, implementing mentorship and coaching programs, and providing equal access to professional development opportunities across all levels of the organization. Companies should also consider partnering with educational institutions to create tailored programs that address specific skill gaps in their workforce.
Implementing extensive education programs can be costly and logistically challenging, especially for smaller businesses or those with tight profit margins. There may also be concerns about employees leaving the company after receiving valuable training, resulting in a loss on the investment. Additionally, ensuring equal access to educational opportunities across diverse employee groups, including those with different work schedules or family responsibilities, can be complex.
To overcome these challenges, businesses can adopt a phased approach to implementing educational programs, starting with high-impact, low-cost initiatives and gradually expanding. They can also explore partnerships with online education providers or local institutions to reduce costs. To address concerns about employee retention, companies can implement policies that tie educational benefits to continued employment for a certain period. To ensure equal access, businesses should offer a variety of learning formats (e.g., online, in-person, self-paced) and provide support such as childcare during training sessions or flexible scheduling options.
Promote Progressive Economic Policies
Businesses can apply Piketty’s insights on progressive economic policies by implementing more equitable compensation structures and benefits packages. This could involve narrowing the pay gap between the highest and lowest-paid employees, implementing transparent salary bands, conducting regular pay equity audits, and offering profit-sharing or employee stock ownership programs. Companies can also advocate for progressive economic policies at the local and national levels that promote greater equality, such as fair taxation and investment in public infrastructure.
Implementing more equitable compensation structures can be challenging, particularly in industries with traditionally wide pay disparities. There may be resistance from top earners or concerns about competitiveness in attracting and retaining high-level talent. Additionally, advocating for progressive economic policies could potentially alienate some customers, investors, or business partners who disagree with these positions.
To address these challenges, businesses can implement changes to compensation structures gradually, starting with increasing transparency and conducting thorough pay equity analyses. They can also focus on communicating the business benefits of more equitable pay structures, such as improved employee morale and productivity. When advocating for progressive economic policies, companies should focus on issues directly related to their industry or workforce and base their positions on solid economic arguments rather than partisan politics. Engaging in these discussions through industry associations or coalitions can also help mitigate potential backlash.
Foster Global Cooperation and Understanding
Businesses can apply Piketty’s emphasis on global cooperation by developing truly inclusive global operations and fostering cross-cultural understanding within their organizations. This could involve creating diverse, multinational teams, implementing global rotation programs for employees, and ensuring that company policies and practices are adaptable to different cultural contexts. Companies should also strive to be responsible global citizens, considering the impact of their operations on global inequality and actively participating in international initiatives aimed at promoting sustainable development and reducing global disparities.
Implementing truly inclusive global operations can be challenging due to legal and cultural differences across countries, language barriers, and the logistical complexities of managing a diverse, dispersed workforce. There may also be tensions between global standardization and local adaptation of policies and practices. Additionally, balancing the company’s economic interests with broader responsibilities as a global citizen can be difficult, especially when operating in countries with significant inequality or questionable labor practices.
To overcome these challenges, businesses can invest in comprehensive cross-cultural training programs for all employees, particularly those in leadership positions. They should also create flexible global policies that allow for necessary local adaptations while maintaining core principles of equality and inclusion. Partnering with local organizations and experts can help navigate cultural nuances and ensure that global initiatives are locally relevant and effective. To balance economic interests with global responsibilities, companies can adopt a shared value approach, identifying opportunities where addressing global inequality aligns with business objectives. Regular stakeholder engagement and transparent reporting on global impact can help maintain accountability and drive continuous improvement in this area.
Increasing Focus on Global Inequality
Thomas Piketty’s A Brief History of Equality aligns with the growing global attention on inequality issues. As the world becomes more interconnected, there’s an increasing awareness of disparities not just within countries, but also between nations. Piketty’s work provides a historical context for understanding these global inequalities and offers insights into potential solutions. In the future, we can expect this trend to intensify, with more international cooperation and policy coordination aimed at reducing global inequality. Organizations like the United Nations are likely to place even greater emphasis on addressing global inequality in their development goals. Piketty’s long-term perspective on equality progress could inform these efforts, encouraging policymakers to consider historical trends and implement sustained, multi-faceted approaches to reducing global disparities.
Rise of Stakeholder Capitalism
The ideas presented in A Brief History of Equality resonate with the emerging trend of stakeholder capitalism, which emphasizes the responsibility of businesses to consider the interests of all stakeholders, not just shareholders. Piketty’s multidimensional approach to equality aligns well with this shift in business philosophy. In the coming years, we can expect more companies to adopt practices that promote greater equality among their employees, in their communities, and throughout their supply chains. This trend could lead to more progressive corporate policies on issues like pay equity, diverse representation in leadership, and community investment. Piketty’s work could serve as a valuable resource for business leaders seeking to understand the historical context of inequality and design effective strategies for promoting equality within their organizations and broader society.
Technological Disruption and Inequality
While Piketty’s book doesn’t focus extensively on technological factors, his insights on long-term trends in equality will be crucial in navigating the challenges posed by rapid technological change. As artificial intelligence, automation, and other emerging technologies continue to transform the job market and economy, there’s potential for these changes to exacerbate existing inequalities or create new ones. Piketty’s emphasis on education as an equalizing force could become even more relevant in this context, with a growing need for continuous learning and skill development to adapt to technological changes. His historical perspective could also inform policy responses to technological disruption, encouraging approaches that harness technological progress to promote greater equality rather than allowing it to widen disparities.
Environmental Justice and Equality
As climate change and environmental issues become increasingly pressing, there’s growing recognition of the links between environmental challenges and social inequality. While Piketty’s book doesn’t focus heavily on environmental factors, his multidimensional approach to equality can be extended to include environmental justice. In the future, we can expect more attention to be paid to how environmental problems disproportionately affect disadvantaged communities and how efforts to address climate change can be leveraged to promote greater social and economic equality. Piketty’s long-term perspective on progress towards equality could provide valuable insights for developing sustainable, equitable solutions to environmental challenges. His work might inspire approaches that integrate environmental sustainability with efforts to reduce social and economic inequalities.
Data-Driven Policy Making
Piketty’s use of extensive historical data to analyze trends in equality aligns with the growing trend towards data-driven policy making. As data collection and analysis capabilities continue to advance, we can expect an increasing reliance on big data and sophisticated analytics in shaping policies aimed at promoting equality. Piketty’s work demonstrates the value of long-term, comprehensive data analysis in understanding complex social and economic trends. In the future, this approach is likely to become more prevalent, with policymakers using advanced data analytics to track multiple dimensions of equality, identify effective interventions, and predict long-term outcomes of policy choices. This trend could lead to more targeted and effective strategies for promoting equality, based on robust empirical evidence rather than ideology or short-term political considerations.
The potential long-term influence of Piketty’s A Brief History of Equality on its field and wider society could be substantial. By presenting a comprehensive historical analysis of progress towards equality, the book may shift the narrative around inequality and social justice. It could encourage a more nuanced and long-term perspective on these issues, potentially influencing both academic research and public policy debates.
In the academic sphere, Piketty’s work might inspire more research into the historical processes that have promoted equality, leading to a deeper understanding of how societies can effectively reduce inequality. This could result in a more balanced approach to studying inequality, one that considers both contemporary challenges and long-term progress.
In the realm of public policy, the book’s optimistic yet realistic perspective could influence how policymakers approach issues of inequality. It might encourage more ambitious, long-term strategies for promoting equality, based on the historical evidence of what has worked in the past. At the same time, by highlighting the multidimensional nature of equality, the book could promote more comprehensive approaches to social policy that address various aspects of inequality simultaneously.
In broader society, Piketty’s work has the potential to reshape public discourse around equality and social justice. By providing evidence of long-term progress, it could counter narratives of inevitable rising inequality that often dominate public debate. This more hopeful perspective might energize social movements and civil society organizations working towards greater equality, providing them with historical evidence to support their efforts.
However, the book’s emphasis on long-term trends could also potentially be misused to downplay current inequalities or argue against the need for urgent action. Therefore, the book’s impact will likely depend on how its insights are interpreted and applied in various contexts.
In the long run, if Piketty’s analysis gains wide acceptance, it could contribute to a shift in how societies conceptualize progress and set goals for the future. Rather than focusing solely on economic growth or short-term fluctuations in inequality measures, there might be a greater emphasis on sustained, multidimensional progress towards equality over longer time horizons. This could have far-reaching implications for how societies measure success and formulate long-term social and economic policies.
The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century by Walter Scheidel
Walter Scheidel’s The Great Leveler provides a compelling counterpoint to Piketty’s optimistic view of progress towards equality. Scheidel argues that significant reductions in inequality have historically only occurred as a result of violent upheavals such as wars, revolutions, state collapses, or pandemics. This pessimistic perspective challenges readers to critically examine the historical evidence and consider the potential limitations of peaceful reform in addressing deep-seated inequalities. By engaging with both Piketty’s and Scheidel’s works, readers can develop a more nuanced understanding of the forces that shape inequality over time and the challenges involved in creating and maintaining more equal societies.
The Color of Law: A Forgotten History of How Our Government Segregated America by Richard Rothstein
Richard Rothstein’s The Color of Law offers a crucial complement to Piketty’s work by focusing on the specific historical mechanisms that have created and perpetuated racial inequality in the United States. While Piketty provides a broad overview of trends towards equality, Rothstein’s book delves into the detailed ways in which government policies, particularly in housing and urban development, have systematically disadvantaged African Americans. This book helps readers understand how seemingly race-neutral policies can have profoundly unequal effects, and how historical injustices continue to shape present-day inequalities. By reading this alongside Piketty’s work, readers can gain a deeper appreciation of the complex interplay between policy, race, and economic inequality.
Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist by Kate Raworth
Kate Raworth’s Doughnut Economics offers an innovative framework for thinking about economic progress that aligns well with Piketty’s multidimensional approach to equality. Raworth argues for an economic model that balances meeting human needs with respecting environmental boundaries. This book expands on Piketty’s ideas by explicitly incorporating ecological considerations into discussions of equality and social progress. Raworth’s work challenges readers to think beyond traditional economic metrics and consider how we can create economies that are both equitable and sustainable. This book provides valuable insights for those interested in how Piketty’s ideas on equality might be applied in the context of 21st-century environmental challenges.
The Tyranny of Merit: What’s Become of the Common Good? by Michael J. Sandel
Michael Sandel’s The Tyranny of Merit offers a thought-provoking critique of meritocracy that adds an important dimension to Piketty’s discussion of equality. While Piketty focuses largely on economic and political aspects of equality, Sandel examines the cultural and moral implications of how we define success and distribute rewards in society. He argues that an overemphasis on individual merit can erode social solidarity and exacerbate inequalities. This book encourages readers to think critically about the values underlying our economic systems and how they relate to broader notions of equality and social justice. Reading this alongside Piketty’s work can help readers develop a more comprehensive understanding of the cultural and ethical dimensions of equality.
The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power by Shoshana Zuboff
Shoshana Zuboff’s The Age of Surveillance Capitalism explores how the digital economy is creating new forms of inequality and power imbalances. While Piketty’s work provides a historical perspective on equality, Zuboff’s book looks to the future, examining how data collection and algorithmic decision-making are reshaping social and economic relationships. This book is crucial for understanding how technological changes might impact the trajectory of equality that Piketty describes. By engaging with both works, readers can gain insights into how historical trends towards equality might be affected by emerging digital technologies and consider what new approaches might be needed to promote equality in the digital age.
Capital and Ideology by Thomas Piketty
As a follow-up to both Capital in the Twenty-First Century and A Brief History of Equality, Piketty’s Capital and Ideology provides a deeper exploration of the ideological and institutional foundations of inequality. This book expands on the historical analysis presented in A Brief History of Equality, offering a more detailed examination of how different societies have justified and institutionalized inequality over time. By reading this alongside A Brief History of Equality, readers can gain a more comprehensive understanding of Piketty’s evolving thoughts on inequality and the potential for social change. The book’s global scope and interdisciplinary approach make it a valuable companion for those seeking to deepen their engagement with Piketty’s ideas.
The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy by Stephanie Kelton
Stephanie Kelton’s The Deficit Myth offers a radical rethinking of economic policy that could have significant implications for addressing inequality. While Piketty focuses on long-term trends and policy solutions within existing economic frameworks, Kelton challenges fundamental assumptions about government spending, deficits, and the nature of money. Her exposition of Modern Monetary Theory provides a different perspective on the economic constraints and possibilities for promoting equality. By engaging with both Piketty’s historical analysis and Kelton’s alternative economic framework, readers can expand their understanding of the policy options available for addressing inequality and promoting social progress.
The Sum of Us: What Racism Costs Everyone and How We Can Prosper Together by Heather McGhee
Heather McGhee’s The Sum of Us provides a compelling examination of how racism and inequality harm not just marginalized groups, but society as a whole. While Piketty offers a broad historical perspective on equality, McGhee focuses specifically on the United States, exploring how racist policies and attitudes have shaped economic outcomes for everyone. This book adds an important dimension to Piketty’s work by highlighting the interconnectedness of different forms of inequality and the potential for collective benefits from addressing racial disparities. By reading this alongside A Brief History of Equality, readers can gain a deeper understanding of the specific challenges and opportunities for promoting equality in the American context, and how addressing racial inequality is crucial for overall social and economic progress.
World Inequality Database The World Inequality Database (https://wid.world/) is an essential resource for anyone interested in exploring global inequality trends. This platform, co-directed by Thomas Piketty himself, provides open and free access to the most extensive available database on the historical evolution of the world distribution of income and wealth, both within countries and between countries. It offers interactive tools for visualizing inequality data, making it an invaluable resource for researchers, policymakers, and engaged citizens looking to deepen their understanding of global inequality trends.
Our World in Data Our World in Data (https://ourworldindata.org/) is a comprehensive online publication that focuses on global development challenges, including inequality. It provides data visualizations, research, and articles on a wide range of topics related to equality and social progress. The platform’s section on income inequality offers a wealth of information that complements Piketty’s work, including interactive charts and in-depth analyses of global trends in income distribution.
The Equality Trust The Equality Trust (https://equalitytrust.org.uk/) is a UK-based organization that works to improve the quality of life in societies with smaller income differences between rich and poor. Their website offers a wealth of resources on inequality, including research reports, policy briefings, and educational materials. While focused on the UK, the site provides valuable insights and data that are relevant to understanding inequality in other contexts as well.
World Economic Forum Annual Meeting The World Economic Forum’s Annual Meeting in Davos, Switzerland, brings together global leaders from business, government, and civil society to discuss pressing global issues, including inequality. While not exclusively focused on equality, the conference often features sessions and debates on topics related to economic disparities and social progress. Attendees can gain insights into how global leaders are thinking about and addressing inequality issues.
OECD Forum on Inclusive Growth and Development The Organisation for Economic Co-operation and Development (OECD) regularly hosts forums on inclusive growth and development. These events bring together policymakers, academics, and business leaders to discuss strategies for promoting economic growth that benefits all segments of society. The forums often feature discussions on topics directly related to Piketty’s work, such as the role of education in promoting equality and the impact of technological change on income distribution.
UNDP Annual Meeting on Inequality The United Nations Development Programme (UNDP) hosts an annual meeting focused on inequality and its impacts on global development. This conference brings together experts from around the world to discuss the latest research and policy approaches to addressing inequality. It offers an opportunity to explore how Piketty’s ideas are being applied in the context of international development efforts.
American Economic Association The American Economic Association (https://www.aeaweb.org/) is a professional organization for economists, including those specializing in inequality and distribution issues. Their annual conference often features presentations and discussions on topics related to Piketty’s work. The AEA’s journals, particularly the Journal of Economic Perspectives, frequently publish articles on inequality that can provide valuable insights for readers of A Brief History of Equality.
International Association for Research in Income and Wealth The International Association for Research in Income and Wealth (IARIW) (https://iariw.org/) is a professional organization dedicated to advancing knowledge related to national accounting, economic well-being, and income and wealth distribution. Their biennial conference and publications offer in-depth explorations of topics closely related to Piketty’s work, making it a valuable resource for those seeking to deepen their understanding of inequality research.
Society for the Study of Economic Inequality The Society for the Study of Economic Inequality (ECINEQ) (http://www.ecineq.org/) is an international scientific society that promotes the study of economic inequality and related fields. Their biennial conference and the journal “Journal of Economic Inequality” provide platforms for the latest research and debates on inequality, offering readers of Piketty’s work opportunities to engage with cutting-edge scholarship in the field.
Pitchfork Economics Hosted by Nick Hanauer, the Pitchfork Economics podcast (https://pitchforkeconomics.com/) explores new approaches to economics and policy that can lead to a more equitable society. While not exclusively focused on Piketty’s work, the podcast frequently discusses themes related to inequality and often features interviews with prominent economists and policymakers working on these issues.
Inequality.org Podcast Produced by the Institute for Policy Studies, the Inequality.org podcast (https://inequality.org/resource-type/podcast/) focuses specifically on issues of economic inequality. It features interviews with researchers, activists, and policymakers working to address disparities in wealth and income. This podcast can provide listeners with real-world examples and current debates that complement Piketty’s historical analysis.
The Ezra Klein Show While covering a wide range of topics, The Ezra Klein Show (https://www.nytimes.com/column/ezra-klein-podcast) frequently features discussions on inequality and economic policy. Klein has interviewed Piketty himself, as well as many other prominent thinkers working on inequality issues. These in-depth conversations can help listeners contextualize and expand upon the ideas presented in A Brief History of Equality.
“The Challenge of World Poverty” (MIT OpenCourseWare) This free online course from MIT (https://ocw.mit.edu/courses/14-73-the-challenge-of-world-poverty-spring-2011/) explores the economic issues underlying global poverty and inequality. While broader in scope than Piketty’s work, it provides valuable context for understanding the global dimensions of inequality and the challenges involved in promoting more equitable development.
“Inequality and Society” (Coursera, offered by Northwestern University) This course (https://www.coursera.org/learn/inequality-in-american-society) examines the causes and consequences of inequality in American society. It covers many of the themes explored in Piketty’s work, including the role of education and policy in shaping inequality. The course can help readers of A Brief History of Equality understand how Piketty’s ideas apply in the specific context of the United States.
“Economic Growth and Distributive Justice” (Coursera, offered by Tel Aviv University) This two-part course (https://www.coursera.org/learn/economic-growth-part-1) explores the relationship between economic growth and distributive justice, a central theme in Piketty’s work. It offers a more theoretical approach to understanding inequality and can help readers develop a deeper understanding of the economic principles underlying Piketty’s analysis.
Capital in the Twenty-First Century This 2019 documentary, based on Piketty’s earlier book of the same name, provides a visual exploration of the history of capitalism and the growth of inequality. While not directly based on A Brief History of Equality, it offers a compelling visual companion to Piketty’s work, making his economic arguments accessible to a broader audience.
Inequality for All Featuring former U.S. Labor Secretary Robert Reich, this documentary examines the widening income gap in the United States. While focused on the American context, it explores many of the themes discussed in Piketty’s work and can help viewers understand the real-world implications of growing inequality.
The Price We Pay This documentary explores how multinational corporations use tax havens to avoid paying their fair share, contributing to global inequality. It provides a concrete example of how the financial practices Piketty critiques in his work play out in the real world, offering viewers a deeper understanding of the mechanisms that perpetuate economic disparities.
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