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The great irony here is that everything that makes
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Capital in the Twenty First Century

The great irony here isthat everything that makes a smart phone smart -- the internet,...

The great irony here is
that everything that makes a smart phone smart -- the internet, GPS,
touchscreen technology -- all that was our taxpayer money
going into federal agencies like DARPA that
created this stuff, and yet the wealth doesn't
flow back into the ecosystem

Full Transcript

00:00:01.000 --> 00:00:03.437
The great irony here is that everything that makes
00:00:03.048 --> 00:00:05.744
a smart phone smart --
00:00:05.787 --> 00:00:08.398
the internet, GPS, touchscreen technology --
00:00:08.442 --> 00:00:12.185
all that was our taxpayer money going into federal agencies
00:00:12.228 --> 00:00:14.084
like DARPA that created this stuff,
00:00:14.883 --> 00:00:18.757
and yet the wealth doesn't flow back into the ecosystem.
Duration
19 seconds
Views
35
Timestamp in Movie
01:13:26
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.
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,
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