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Books matching: progressive capital tax

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    Capital in the Twenty-First Century by Thomas Piketty
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    'Capital in the Twenty-First Century' by Thomas Piketty delves into the concept that wealth capital, rather than income, drives growing inequality, leading to an oligarchic society where the wealthy dictate terms to the less fortunate. Piketty provides a wealth of data on income and wealth disparities, mainly in Western countries, demonstrating a trend of increasing inequality over the years with dire social and political consequences. Through historical perspectives on inflation, capital accumulation, and taxation, Piketty argues for structural changes like a progressive capital tax to combat the rising wealth concentration among the privileged few.

    On August 16, 2012, the South African police intervened in a labor conflict between workers at the Marikana platinum mine near Johannesburg and the mine’s owners: the stockholders of Lonmin, Inc., bas...

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