A leading economist challenges dominant theories on global inequality, discussing why wealth persistently remains in the hands of a few and how technological development threatens to create a scarcity of unskilled jobs that will lead to even greater inequality.

Part I : Setting the scene. How Piketty created an industry -- Three different types and four different causes of inequality -- Why inequality really matters -- Part II : Analysis and implications. Has the world become more unequal? -- The paradox of rising inequality and falling poverty -- Inequality and growth -- Part III : The deserving and the undeserving rich. Who are the super-rich? -- The undeserving rich -- Clogs to clogs in five generations-not three -- Part IV : Fixing the problem. Elephants, camels and spitting cobras : what happens next? -- Education, education, education-and education -- Saving capitalism from itself -- Attacking the law of unintended consequences -- Making poorer people richer by cutting the cost of living -- Can a universal basic income really work? -- Using taxation for redistribution -- Neither Trump nor Corbyn-rejecting false solutions.