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Capital in the Twenty First Century

?? Friday night andeveryone's moving ♪ ♪ I can feel the heat, but it's It began to become...

�� Friday night and
everyone's moving ♪ ♪ I can feel the heat, but it's
soothing, heading down ♪ TETT: It began to become very
cool to be an entrepreneur, to be riding that boom, and the idea of arguing for
high taxes and redistribution began to seem
very out of fashion

Full Transcript

00:00:01.000 --> 00:00:03.873
♪ Friday night and everyone's moving ♪
00:00:03.916 --> 00:00:08.486
♪ I can feel the heat, but it's soothing, heading down ♪
00:00:08.529 --> 00:00:10.967
TETT: It began to become very cool to be an entrepreneur,
00:00:11.998 --> 00:00:12.795
to be riding that boom,
00:00:12.838 --> 00:00:16.973
and the idea of arguing for high taxes and redistribution
00:00:17.998 --> 00:00:19.192
began to seem very out of fashion.
Duration
19 seconds
Views
23
Timestamp in Movie
00:58:07
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.
- ♪ We're the kids in America - ♪ Whoa - Capital in the Twenty First Century 00:26
- ♪ We're the kids in America - ♪ Whoa
The big reforms of the Reagan Thatcher era - Capital in the Twenty First Century 00:14
The big reforms of the Reagan Thatcher era
When they adopted these kinds of policies, - Capital in the Twenty First Century 00:07
When they adopted these kinds of policies,
The promise was that the pie would be bigger, - Capital in the Twenty First Century 00:12
The promise was that the pie would be bigger,
So in some sense, - Capital in the Twenty First Century 00:09
So in some sense,
But the magnitude of the increase in inequality - Capital in the Twenty First Century 00:06
But the magnitude of the increase in inequality
When we look at the numbers, we can see it very vividly. - Capital in the Twenty First Century 00:04
When we look at the numbers, we can see it very vividly.
The bottom 90% have experienced near-stagnation. - Capital in the Twenty First Century 00:06
The bottom 90% have experienced near-stagnation.
Real wages, adjusted for inflation, at the bottom - Capital in the Twenty First Century 00:08
Real wages, adjusted for inflation, at the bottom
In fact, life expectancy has been declining. - Capital in the Twenty First Century 00:04
In fact, life expectancy has been declining.
These are dramatic statistics that shows the economy - Capital in the Twenty First Century 00:08
These are dramatic statistics that shows the economy
By the 1990s, American banks really became the exporters - Capital in the Twenty First Century 00:09
By the 1990s, American banks really became the exporters
And everyone was sold our version of a trickle-down, - Capital in the Twenty First Century 00:08
And everyone was sold our version of a trickle-down,
Life seemed to get better in the 1990s, - Capital in the Twenty First Century 00:14
Life seemed to get better in the 1990s,
When the credit boom took off, - Capital in the Twenty First Century 00:06
When the credit boom took off,
Suddenly, extraordinarily poor people could get credit. - Capital in the Twenty First Century 00:05
Suddenly, extraordinarily poor people could get credit.
People who in no way should be given a mortgage - Capital in the Twenty First Century 00:07
People who in no way should be given a mortgage
And the investment banks created ever more exotic - Capital in the Twenty First Century 00:11
And the investment banks created ever more exotic
That's what kept the system going for as long as it did. - Capital in the Twenty First Century 00:05
That's what kept the system going for as long as it did...
Let's see here, uh, balloon payment, - Capital in the Twenty First Century 00:11
Let's see here, uh, balloon payment,