55 pages • 1 hour read
Thomas PikettyCapital in the Twenty-First Century
Nonfiction | Book | Adult | Published in 2013A modern alternative to SparkNotes and CliffsNotes, SuperSummary offers high-quality Study Guides with detailed chapter summaries and analysis of major themes, characters, and more.
Index of Terms
Capital
Capital is all the non-human, tradeable assets owned by a person. This includes land, real estate, and stocks and shares. For Piketty, capital is synonymous with wealth and contrasted with income.
Capital/income ratio
The size of the stock of accumulated wealth relative to the flow of income. A high capital/income ratio implies a society dominated by past wealth.
Centile
One hundredth, or one percent, of a population or group.
