Yavuz’s Reviews > The Code of Capital: How the Law Creates Wealth and Inequality > Status Update

Empiracal work on inequality is important but every solution proposed (by zucman, piketty and so on) has been mainly about taxation. Few like philippon and mazzucato asked question about creation of value but redistribution element is impossible without reforming global and mainly Anglophesphere law system. This book highlight in what aspects government aid private elite in their pursuit of wealth accumulation.

This is a fundamental book to read. Even though there has been a lit of work, especially since the “elephant graph” and rise of populism due to low growth seen by the blue collars in developed world and the social distress that has been fueled since ‘08 crises, about the rise of inequality and its origin, it has been cared only by economist (in fact very few of them).