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And it is unsustainable
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Capital in the Twenty First Century

And it is unsustainable because to make it work, the state must haveaccess via taxation to...

And it is unsustainable because to make it work, the state must have
access via taxation to the incomes of the rich

Full Transcript

00:00:01.000 --> 00:00:03.611
And it is unsustainable
00:00:03.655 --> 00:00:05.788
because to make it work,
00:00:05.831 --> 00:00:08.921
the state must have access via taxation
00:00:08.965 --> 00:00:11.445
to the incomes of the rich.
Duration
11 seconds
Views
23
Timestamp in Movie
01:12:08
Uploaded
Jun 07, 2025
Genres
documentary
Production
GFC Films,Upside Télévision

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Movie Summary

Based on Thomas Piketty's No. 1 New York Times Bestseller, Capital in the Twenty-First Century explores one of the most important and controversial subjects of our time: wealth, and who gets a share of the dividends.
REPORTER: The EU has ordered the Irish government - Capital in the Twenty First Century 00:07
REPORTER: The EU has ordered the Irish government
REPORTER: $15 billion is more than the four years - Capital in the Twenty First Century 00:07
REPORTER: $15 billion is more than the four years
REPORTER: Facebook paid less UK corporation tax - Capital in the Twenty First Century 00:05
REPORTER: Facebook paid less UK corporation tax
FOROOHAR: It just works much better for the holders - Capital in the Twenty First Century 00:08
FOROOHAR: It just works much better for the holders
In particular, the giant cash-rich tech firms - Capital in the Twenty First Century 00:07
In particular, the giant cash-rich tech firms
They just fly 35,000 feet above national concerns. - Capital in the Twenty First Century 00:06
They just fly 35,000 feet above national concerns.
They create far fewer jobs than big industrial companies - Capital in the Twenty First Century 00:08
They create far fewer jobs than big industrial companies
The great irony here is that everything that makes - Capital in the Twenty First Century 00:19
The great irony here is that everything that makes
Irish guys pay a fee to Google Netherlands Holding BV. - Capital in the Twenty First Century 00:06
Irish guys pay a fee to Google Netherlands Holding BV.
-That's correct. -Which is registered in Ireland - Capital in the Twenty First Century 00:05
-That's correct. -Which is registered in Ireland
-That's correct. -So if that happens, - Capital in the Twenty First Century 00:06
-That's correct. -So if that happens,
♪ All that money, the money is the motive ♪ - Capital in the Twenty First Century 00:22
♪ All that money, the money is the motive ♪
♪ All that money - Capital in the Twenty First Century 00:10
♪ All that money
♪ Girl put in work - Capital in the Twenty First Century 00:04
♪ Girl put in work
BREMMER: Globalization has opened a global community up - Capital in the Twenty First Century 00:16
BREMMER: Globalization has opened a global community up
And on the other hand, the working and middle classes - Capital in the Twenty First Century 00:09
And on the other hand, the working and middle classes
And their governments and their corporations - Capital in the Twenty First Century 00:11
And their governments and their corporations
The United States and Europe are vastly more divided - Capital in the Twenty First Century 00:06
The United States and Europe are vastly more divided
India, The Philippines, China are not. - Capital in the Twenty First Century 00:04
India, The Philippines, China are not.
Chinese people, they believe that if they work hard, - Capital in the Twenty First Century 00:09
Chinese people, they believe that if they work hard,