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Del9132


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About Le Capital au XXIe siècle (Fun)
Posted 3 years ago by
Del9132    
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When we discuss the source of money, we have to divide it into capital income or labor income. Piketty mentioned in this book that in the 19th century in France, it was quite difficult to make money to earn a very rich life. At best, it was only a better life. Everyone’s goal was to pursue those with a lot of inheritance. The United States has become a society of super managers, giving them too much salary, which is not in line with their value, and it is equivalent to taking money from the poor in disguise. In fact, the current capital concentration in the United States is close to that of France, but the reason why it is not breaking out is that there are many immigrants. Although they are poor, they are better than previous countries, and people who accept their efforts have more money. But in this case there will be a limit, but I don't know when it will erupt.

In the statistics, it is found that money in the world is constantly moving towards the rich, and the more money, the faster the money will roll out. With the advent of globalization, the wealth of the world was originally limited to one's own country, but in the future it will become in the hands of some rich people. But will it be bad for them to get money in their hands? They should be able to use money effectively since they can use money, but think about the scene of a miserable world. Although money is effectively used, it is not distributed to other people.This will cause serious social problems.

In the middle of the 20th century, a group of economists said that we have overcome the ills of capitalism. Everyone is equal and money is distributed effectively. But in fact, the capital/income ratio at that time was very low because of the world war. The speed is a little slower. In the long run, capitalism will lead to the phenomenon that capitalists have too much money.

In order to cope with the over-concentration of property, the author proposed a capital tax, taxing the rich and distributing it to the other poor. Capital investment actually has its limit. When the marginal rate of return of capital = growth rate, capital will not continue to accumulate. According to the current data, the clear image may reach more than 90%. In order to manage this situation, the author proposes a progressive capital tax. The more money people pay, the more tax, but the redistribution of the money is There are still some attractive ideas for effective use of this year.

In addition to using capital tax to solve the gap between rich and poor, capital tax can also solve the problem of excessive debt in various countries. Although Europe and the Americas are rich countries, many rich people live in these places, but the magic is the debt of these countries They are all pretty high. If the capital tax is not used, if countries want to solve their debts, they will have to rely on inflation, and countries will keep printing money, so that the actual price of the amount paid will be reduced. The worst solution would be to default and not pay.

In addition, this originally mentioned the super functions of the central bank. The 2008 financial turmoil was able to survive the financial turmoil of various countries. The central bank acts as the lender of last resort. When a financial storm occurs, the central bank can choose to lend to certain banks or companies to prevent them from failing and affecting the world. However, because the central bank’s functions are too powerful, the central bank is often restricted from having too much debt , restrict his behavior.

Many middle-class and working classes in the United States have many opportunities for jobs and class mobility. Many other regions, such as China, India and Africa, do not have the job opportunities offered by these wealthy people or consortia.
It will be more difficult to accumulate capital or to move classes. Therefore, the rich in this process are more like the role of both righteous and evil. It is not as simple as the binary classification of non-good and evil that can make a conclusion.

It's just a trivial opinion, welcome to discuss and advise.



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