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MASON: It transmits to the poor or middle class person
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Capital in the Twenty First Century

It transmits to the pooror middle class person that the best thing they can dois to hope...

MASON: It transmits to the poor
or middle class person that the best thing they can do
is to hope that their home rises so much in value that it offsets all the other
problems in their life, like that their pension
was destroyed or that they lost their job or that their kids
are gonna be poor

Full Transcript

00:00:01.000 --> 00:00:03.481
MASON: It transmits to the poor or middle class person
00:00:03.524 --> 00:00:07.267
that the best thing they can do is to hope that their home
00:00:07.311 --> 00:00:09.001
rises so much in value
00:00:09.139 --> 00:00:11.315
that it offsets all the other problems in their life,
00:00:11.358 --> 00:00:13.099
like that their pension was destroyed
00:00:13.143 --> 00:00:14.492
or that they lost their job
00:00:14.535 --> 00:00:17.451
or that their kids are gonna be poor.
Duration
17 seconds
Views
31
Timestamp in Movie
01:24:49
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.
SHAHEEN: Young people are naturally more hopeful. - Capital in the Twenty First Century 00:05
SHAHEEN: Young people are naturally more hopeful.
But they are aware, they are acutely aware, - Capital in the Twenty First Century 00:07
But they are aware, they are acutely aware,
You know, why is it, to educate yourself, - Capital in the Twenty First Century 00:08
You know, why is it, to educate yourself,
And a lot of young people feel infantiled. - Capital in the Twenty First Century 00:05
And a lot of young people feel infantiled.
Why does my incredibly smart 26-year-old brother-in-law - Capital in the Twenty First Century 00:07
Why does my incredibly smart 26-year-old brother-in-law
He's asking that, my in-laws are asking that. - Capital in the Twenty First Century 00:05
He's asking that, my in-laws are asking that.
What we've told people is that, "You're not poor; - Capital in the Twenty First Century 00:06
What we've told people is that, "You're not p...
And because of that, don't worry about inequality, - Capital in the Twenty First Century 00:19
And because of that, don't worry about inequality,
The rungs of the ladder grow apart, - Capital in the Twenty First Century 00:12
The rungs of the ladder grow apart,
That's something that you find again and again in the data. - Capital in the Twenty First Century 00:06
That's something that you find again and again in the d...
And people aren't stupid -- they recognize that. - Capital in the Twenty First Century 00:05
And people aren't stupid -- they recognize that.
TETT: Essentially, what's happening is that you're - Capital in the Twenty First Century 00:14
TETT: Essentially, what's happening is that you're
And where there is job growth - Capital in the Twenty First Century 00:08
And where there is job growth
More and more, it classifies people as "self-employed." - Capital in the Twenty First Century 00:20
More and more, it classifies people as "self-employed.&...
MASON: You know what, when Piketty says - Capital in the Twenty First Century 00:11
MASON: You know what, when Piketty says
TETT: America's about to see the biggest wealth transfer - Capital in the Twenty First Century 00:13
TETT: America's about to see the biggest wealth transfe...
Something in the order of $12 trillion or more - Capital in the Twenty First Century 00:08
Something in the order of $12 trillion or more
And that will be invested in a way that it creates more wealth. - Capital in the Twenty First Century 00:05
And that will be invested in a way that it creates more weal...
There's now research showing that in advanced economies, - Capital in the Twenty First Century 00:13
There's now research showing that in advanced economies...
MASON: People on the streets are starting to say, "Enough" -- - Capital in the Twenty First Century 00:04
MASON: People on the streets are starting to say, "Enou...