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!e distribution of wealth is one of today’s most widely discussed and controversial issues. But what do we really know about its evolution over the long 
term? Do the dynamics of private capital accumulation inevitably lead to the 
concentration  of  wealth  in  ever  fewer  hands,  as  Karl  Marx  believed  in  the 
nineteenth century? Or do the balancing forces of growth, competition, and 
technological progress lead in later stages of development to reduced in e quality and greater harmony among the classes, as Simon Kuznets thought in the 
twentieth century? What do we really know about how wealth and income 
have  evolved  since  the  eigh teenth  century,  and  what  lessons  can  we  derive 
from that knowledge for the century now under way?
!ese are the questions I attempt to answer in this book. Let me say at 
once  that  the  answers  contained  herein  are  imperfect  and  incomplete.  But 
they are based on much more extensive historical and comparative data than 
w e r e

The English version of Das Kapital 21st century jack.zhang

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