In 2014, French economist Thomas Piketty's book, Capital in the Twenty-First Century, documented an upsurge in inequality of income and wealth, most notably in the United States and the United Kingdom. Other English-speaking countries have followed this trend—with the possible exception of Australia. So is Australia immune to the emergence of a patrimonial society?
Read John Quiggin's insightful essay on Thomas Piketty's Capital in the Twenty-first Century book in the Australian Review of Public Affairs (258).
Title: Capital in the Twenty-first Century
Publisher: The Belknap Press, Harvard University Press
Date Published: 2014
Author: Thomas Piketty
Image: book cover