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Open AccessArticle10.13169/worlrevipoliecon.5.3.0414

Disillusion in Utopian Capitalism and Lessons to the Development of China

Ping Chen-2014-01-01-World Review of Political Economy
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DISILLUSION IN UTOPIAN CAPITALISM AND LESSONS TO THE DEVELOPMENT OF CHINA revieW of CAPITAL IN THE TWENTY-FIRST CENTURY By tHomas PiKetty Capital in the Twenty-First Century, by Thomas Piketty, translated by Arthur Goldhammer, Cambridge, MA, Harvard University Press, 2014, viii + 685 pp., $39.95 (hardcover), ISBN 9780674430006It has been 6 years since the financial crisis engulfed the global economy. In 2014, a bestselling book-French economist thomas Piketty's recent book Capital in the Twenty-First Century (2014)-brings yet another round of agitation to the depression-stricken West. First, it was the New York Times, in a brief account of the French author's intellectual heritage, that came up with an ambitious title Taking On Adam Smith (and Karl Marx) (Erlanger 2014); then, the New Republic, a liberal American magazine of commentary, captivatingly described Piketty's rock-star reception in the world of economics (tracy 2014), and Nobel laureate Paul Krugman (2014) had aptly summed u

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DISILLUSION IN UTOPIAN CAPITALISM AND LESSONS TO THE DEVELOPMENT OF CHINA revieW of CAPITAL IN THE TWENTY-FIRST CENTURY By tHomas PiKetty Capital in the Twenty-First Century, by Thomas Piketty, translated by Arthur Goldhammer, Cambridge, MA, Harvard University Press, 2014, viii + 685 pp., $39.95 (hardcover), ISBN 9780674430006It has been 6 years since the financial crisis engulfed the global economy. In 2014, a bestselling book-French economist thomas Piketty's recent book Capital in the Twenty-First Century (2014)-brings yet another round of agitation to the depression-stricken West. First, it was the New York Times, in a brief account of the French author's intellectual heritage, that came up with an ambitious title Taking On Adam Smith (and Karl Marx) (Erlanger 2014); then, the New Republic, a liberal American magazine of commentary, captivatingly described Piketty's rock-star reception in the world of economics (tracy 2014), and Nobel laureate Paul Krugman (2014) had aptly summed u

Keywords

CapitalismCommunismEconomic historyCapital (architecture)ManifestoChinaSociologyPolitical science

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