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BREMMER: Globalization has opened a global community up
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Capital in the Twenty First Century

Globalization hasopened a global community up to each other, but it's also meant thatin...

BREMMER: Globalization has
opened a global community up to each other, but it's also meant that
in the developed world, corporations were able
to take jobs and move them and make a lot
of money out of it

Full Transcript

00:00:01.000 --> 00:00:04.001
BREMMER: Globalization has opened a global community up
00:00:04.047 --> 00:00:05.483
to each other,
00:00:05.527 --> 00:00:08.834
but it's also meant that in the developed world,
00:00:08.878 --> 00:00:13.186
corporations were able to take jobs and move them
00:00:13.023 --> 00:00:15.754
and make a lot of money out of it.
Duration
16 seconds
Views
20
Timestamp in Movie
01:17:06
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.
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,
If you go to Beijing or Shenzhen or Shanghai - Capital in the Twenty First Century 00:23
If you go to Beijing or Shenzhen or Shanghai
And that is a very different China from what you saw - Capital in the Twenty First Century 00:07
And that is a very different China from what you saw
China's now almost the largest economy in the world; - Capital in the Twenty First Century 00:09
China's now almost the largest economy in the world;
State capitalism is where state-owned enterprises - Capital in the Twenty First Century 00:09
State capitalism is where state-owned enterprises
These corporations are, in principle, - Capital in the Twenty First Century 00:11
These corporations are, in principle,
But the other important Chinese actors are what you'd call - Capital in the Twenty First Century 00:07
But the other important Chinese actors are what you'd c...
So, in other words, they are actively supported by the state, - Capital in the Twenty First Century 00:08
So, in other words, they are actively supported by the state...
Also you have hundreds of millions of people - Capital in the Twenty First Century 00:08
Also you have hundreds of millions of people
It's fine for them, as long as they can make enough money - Capital in the Twenty First Century 00:08
It's fine for them, as long as they can make enough mon...
FUKUYAMA: China does show what freeing up capital will do to - Capital in the Twenty First Century 00:07
FUKUYAMA: China does show what freeing up capital will do to
Capital really has to be regulated much, much more - Capital in the Twenty First Century 00:08
Capital really has to be regulated much, much more
There's a fundamental difference between liberalization - Capital in the Twenty First Century 00:11
There's a fundamental difference between liberalization
This was one of the big lessons of the Great Depression. - Capital in the Twenty First Century 00:05
This was one of the big lessons of the Great Depression.
FOROOHAR: Modern capitalism is all about the free movement - Capital in the Twenty First Century 00:11
FOROOHAR: Modern capitalism is all about the free movement
The financial industry has about doubled in size as a percentage - Capital in the Twenty First Century 00:10
The financial industry has about doubled in size as a percen...