Fairer Taxes and Inheritance for all! (tags)
A few people own the majority of the wealth, the rest share what remains. Star economist Thomas Piketty wants to change this. He has developed reform proposals that distribute the wealth of our society more fairly and make our lives more democratic. The most important pillars of his reforms are economic co-determination, fairer taxes and a stronger welfare state.
Sanction the oligarchs, not the people! (tags)
It is time to develop a new kind of sanctions. They must be targeted specifically at the oligarchs who have become wealthy as a result of the regime. This would require the establishment of an international financial registry, a measure that will not please the Western wealthy.
How should our economy grow? (tags)
If, on the other hand, the inequality distribution is reduced via increased spending on education, positive growth effects may result. In addition, too much inequality can destabilize the political system through social unrest, creating great uncertainty for investors, for example with regard to the protection of property rights.
Extremely Growing Inequality Destroys Democracy (tags)
When one percent have half of the wealth, mistrust and cynicism drown out public spirit and trust between the generations. A fair tax system means ending tax havens, micro-second trading, stock buybacks and insider trading.
The Crisis of Democracy (tags)
Decisions affecting social development are in the hands of private investors and state policy depends on their actions. The increasingly unequal income and wealth distribution was the result of a strategic government policy that reacted to a capitalist crisis.
Capitalism and Worldwide Inequality (tags)
Thomas Piketty's motto "Inequality is always a problem when it is excessive" introduces the new World Inequality Report. Inequalities of income and wealth swell globally and in individual regions and nations.
Refused sharing and rediscovery of sharing are signs of this time. "This economy kills." So Pope Francis judges socio-economic conditions. Taxing the rich is vital. With additional revenue, workers would not feel threatened by immigrants
Social Inequality Today (tags)
The neoliberal rollback has created growing instabilities. An advancing process of de-democratization and social re-feudalization is connected with the rise of the new "super-rich." Piketty warned of the growing inequality between rich and poor.
Thomas Piketty: Germany has never repaid its debts. It has no right to lecture Greece (tags)
Conservatives, especially in Germany, are about to destroy Europe and the European idea, all because of their shocking ignorance of history... Germany is really the single best example of a country that, throughout its history, has never repaid its external debt.
Piketty Puts Capitalism in the Crosshairs and Angry Yoga (tags)
The time is right for alternative economics, reducing working hours, community centers, free Internet books and redefining work, strength, health, happiness and success. More at www.freembtranslations.net, www.nextnewdeal.net, www.foreffectivegov.org, www.onthecommons.org, www.therealnews.com,
Thomas Piketty and the Growing Inequality in Capitalism (tags)
"When capital profit is permanently higher than the growth rate for production and income which was the case up to the 19th century, capitalism automatically produces unacceptable and arbitrary inequalities that radically put in question the achievement principle..."
Inequality and Liberal Democracy: A Disturbing Association (tags)
How do we bring fundamental reforms about at a time when organized minorities and disorganized, quiescent majorities appear to be the norm in both the North and the South?
The empirical-historical analysis of the top incomes and their wealth are in the center with Thomas Piketty's "Capital" (2014). The share of the top 10% was never below 60% from 1917 to 2012. A wealth tax is vital to reverse the exploding inequality.
No Redistribution Without the Social State (tags)
In Austria 30 percent of the gross domestic product is spent on social services (not including education spending)...Since the 1990s social security has been increasingly discussed as a financial burden and less as a social achievement
TheInheritance of Inequality and Rethinking Growth (tags)
The economy exists for people, not vice versa. Economics should be pluralist, not a monolith. The economy should be embedded in society; society should not be embedded in the economy. Thomas Piketty and alternative economics emphasize inequality and mass unemployment.
Why a Global Wealth Tax Reduces Inequality (tags)
The distribution of income and assets is one of the most controversial themes today. History teaches us that economic forces press in different directions - either to more equality or away from equality. Which will prevail depends on what political decisions we make.
The wealth of others has become more a problem and less an incentive. Capital is blind, Thomas Piketty says. Capital grows faster than the economy. Differences in wealth are inherent in capitalism but do not represent a natural law. A society can accept them or act against them.
A Frenchman Admonishes Americans to Equality (tags)
With his book and the data, Thomas Piketty has shaken the self-understanding of American society.. In 2010 the richest one percent had around 20 percent of the total income. In the 1970s the share was under 10 percent.
Video: Elizabeth Warren and Thomas Piketty, 47min (tags)
The rich get richer and everybody else suffers. Prof. Piketty explains in his 950 page book that the rigged system has gone on for centuries.
Tax man's gloomy message: Thomas Piketty (tags)
“In 1900,” he said, “most people would have said a progressive income tax would never happen.” But it happened.
Capital in the 21st Century: Thomas Piketty (tags)
"There is no escaping the fact, however, that social science research on the distribution of wealth was for a long time based on a relatively limited set of firmly established facts together with a wide variety of purely theoretical speculations."