Capital in the Twenty-First Century

2019

Documentary /

2
IMDb Rating 7.1

Synopsis


Downloaded 1200 times
7/11/2020 10:47:08 AM

1080p
1.96G
Normal
English
/
110 min
P/S 1 / 0

Movie Reviews

Reviewed by htcltd 10

It&#39;s impossible not to be deeply affected by this film. It brings out the gross inequalities that exist today, but more importantly, how they relate to the history of the last 200+ years.<br/><br/>I wish our politicians would see this film and act ... before it is too late!

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Reviewed by Alexander_TG 10

A memorising journey through time following the flow of wealth across centuries to give insight into where we might be heading.<br/><br/>The film is based on the best-selling book of the same name by French economist Thomas Piketty, who&#39;s research suggests we&#39;re trending back to a world resembling 18th Century style capitalism -- where a small number of mega-rich own everything and the rest of us are forced to &#39;rent&#39; our lives; and where the middle-class shirks back to be almost as poor as the poorest. It&#39;s a world where social mobility is low and inheritance is king.<br/><br/>Already today the very wealthy are able to avoid paying taxes - just like the aristocracy of the past - and many use their wealth to distort democracy for their benefit. The film is a call to rewire capitalism to produce fairer outcomes for the majority of the population. It doesn&#39;t reject capital, but instead calls for it to be tamed.<br/><br/>Though this is no dry lecture... never has economics been more entertaining. Capital in the Twenty-First Century is a mash-up of pop culture through time that reflects the moods of the eras it traverses - from Jane Austin to The Simpsons - and it&#39;s all set to a killer soundtrack!<br/><br/>That said, the film is also careful not to dumb down the economics. Piketty&#39;s most famous finding, R&gt;G (essentially that the growth rate of capital over time is consistently higher than the growth rate of the economy), is elegantly explained. As are ideas for solving tax havens and new ways to tax and control capital.<br/><br/>Highly recommend the film as an easy introduction to the ideas of one of the world&#39;s preeminent economic thinkers. Of course the 700 page book goes much deeper, but this is far more fun.

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Reviewed by savemyplanet 2

I have never done a film review but I felt I was so misled by this film that I had to do one.<br/><br/>It was painful to sit through &quot;opinions&quot; about the past (mostly rich bashing evil landowners) for the majority of the film.<br/><br/>Events as recent as 2008 were portrayed incorrectly. The 2008 crash was not because of the complicated instruments that banks created (CDA/Os) but it was, allegedly, about the collusion between the american banks and the american rating agencies (Standard and Poors and Moodeys). I reccomend people watch &quot;The Big Short&quot;.<br/><br/>The past could have been pared down to 10-15 minutes and then we could have gone though all the possible new ideas for the 21st Century (what I though the film would be about) such as:<br/><br/>*Universal Wage*Why its important - AI/Robots taking all the jobs, destruction of decent jobs - being replaced with poorly paid jobs, how multinationals will have to be taxed (the film did, thankfully, cover tax profits based on users/sales in a country)<br/><br/>*Tax the super rich* moreThe film covered this to death; but never interviewed the rich people that actually support this idea - which I found an incredible omission.<br/><br/>*Cryptocurrencies*Breaking free from the state - absolutely NO mention!<br/><br/>*Modern Economic Theory*Government just print money - It DOES NOT cause hyper inflation unless you go past about 95% emplotyment (full employment).With this money the government can build infastructure, properly fund the Health Systems, Invest in new ideas etc. etc.The end result is to devaluing the savings of the super rich.<br/><br/>*Restructuring society* away from housing/landOver time limit mortgages; so the MAXIMUM mortgage you can ever get is 3xMAIN household salary.This will lead to house prices becoming capped, be default, and the &quot;rich&quot; have to find somewhere else to &quot;invest&quot; the money to get any sort of return.like... investing in new companies that actually create jobs!<br/><br/>Virtually *no* mention of the social aspects(small nod to elysium here.. but was mentioned for other reasons):<br/><br/>Virtually no mention of *People need purpose*We are moving into an era where people are losing their life purpose (job) and will need to find other purpose. This could be recreation, community, family etc.Suicide/Depression (and hencve drug use) will soar unless we deal with this; and soon.<br/><br/>No discussion about how society (and capital) will change in the 21st Century due to the impending destruction of the planet!<br/><br/>Sadly... *95%* of the talk was about America.. which seemed very biased... and I suggest people watch a film called &quot;American Factory&quot; for how the cultural difference will shape capital in china.<br/><br/>Sadly; in my opionin, a title with much promise delivered very little.

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