Arabic Translation of: Capital in the Twenty First Century - Economic Research Forum (ERF)

Arabic Translation of: Capital in the Twenty First Century

Thomas Piketty

May, 2016

656 pages

Dar El Tanweer and Economic Research Forum

O1. Economic Development

The Economic Research Forum (ERF) is pleased to announce the publication of the Arabic translation of Thomas Piketty’s book: Capital in the Twenty-First Century. The book is co-published by Dar El Tanweer and ERF and translated by Wael Gamal and Salma Hussien.
A lot of books see their way to the print shops every day, but a few leave their mark on our thinking and promise to withstand the test of time. Capital in the Twenty-First Century is one of those few books.
Intellectually, Pikkety’s book makes a serious contribution to our thinking about inequality. Its first, and not insignificant, contribution is about facts. Using tax statistics to measure inequality, Pikkety documents the evolution of income and wealth over the past 300 years, particularly in Europe and America. He shows that the period from about 1914 to the 1970s was an historical outlier in which both income inequality and the stock of wealth (relative to annual national income) fell dramatically. Since the 1970s both wealth and income gaps have been rising back towards their pre-20th-century norms. This trend declares the death of the Kuznet’s hypothesis, which predicted that inequality would first worsen at the early stage of development but then improve.
Mr. Piketty’s second contribution is theoretical. His main thesis is that the free-market system has a natural tendency towards increasing the concentration of wealth, because the rate of return on capital has consistently been higher than the rate of economic growth. Two world wars, the Depression and high taxes pushed down the return on wealth in the 20th century, while rapid productivity and population rises pushed up growth. Without countervailing factors, Mr. Piketty argues, higher returns on capital will concentrate wealth—especially when an ageing population means that growth should slow.
The final contribution of the book is related to policies. Facing the almost prospects of a growing concentration of wealth in the future is what matters to most people most. And his basic recommendation is progressive taxation, both within countries and globally.
When I read the book the first time, I felt ERF has a responsibility to make it available in Arabic. We began to explore the possibility of securing the right to translate it into Arab from the French publisher. Well, it turned out that Tanweer was ahead of us and has in fact acquired that right. We met with them and quickly came to the conclusion that we will join forces. The book is the product of this joint collaboration.
The book will be available for purchase very soon on
For more information and inquiries, please contact:
Dar Al Tanweer for Printing and Publications:

يسر منتدى البحوث الاقتصادية أن يعلن عن صدور النسخة العربية من كتاب توماس بيكيتي بعنوان رأس المال فى القرن الحادى والعشرين” والذى تم نشره بالتعاون بين دار التنوير للطباعة والنشر ومنتدى البحوث الاقتصادية. الكتاب من ترجمة وائل جمال وسلمى حسين


تصدر دور النشر المحلية والعالمية يوميا عددا كبيرا من الكتب، إلا أن القليل منها قادر على تغيير فهمنا لقضية ما أو النهوض بأحوالنا إذا ما ترجم هذا الفهم إلى نهج جديد وسياسات جديدة. كتاب توماس بيكيتي “رأس المال في القرن الحادي والعشرين” هو أحد هذه الكتب القليلة النادرة


وتأتى أهمية الكتاب من أنه يتناول بالتحليل والتمحيص قضية توزيع الثروة على مدى الثلاث قرون الماضية بناء على أبحاث مدققة استمرت 15 عاما، كما أن الكتاب يخلص لنتيجة هامة، وهي أن توزيع الثروة يسوء مع مرور الوقت، مخالفا بذلك النظريات الشائعة القائلة أن توزيع الدخل والثروة يتحسنان عندما تتحقق التنمية، وأخيرا وليس آخرا تكمن أهمية الكتاب في تقديمه نظرية جديدة لتوزيع الدخل والثروة تعتمد بالأساس على ما إذا كان العائد على رأس المال أعلى من معدل النمو الاقتصادي أم لا


من هنا فإن الكتاب يجمع بين عمق الفكر، وجدية التحليل، لموضوع من أهم موضوعات الساعة وهو عدالة التوزيع، ولهذا كان من الضروري أن يرى النور في لغتنا العربية


 سيتم توفير النسخة المطبوعة قريبا جدا عن طريق هذه الرابط

 للأسئلة والاستفسارات برجاء الاتصال بدار التنوير للطباعة والنشر

Thomas Piketty



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