Professional Filmmaker Ryota Nakanishi's One Page Review: The Perfect Summary of the Capital in the 21st. Century!

		An Executive Summary of Thomas Piketty's "Capital in the Twenty-first Century" A. D. Thibeault著 エディション： ペーパーバック
5つ星のうち 5.0 The Perfect Summary of the Capital in the 21st. Century!, 2016/1/24 Amazonで購入(詳細) レビュー対象商品: An Executive Summary of Thomas Piketty's "Capital in the Twenty-first Century" (ペーパーバック) In this summery, Piketty first explains basic concepts on income that there are two kinds of it. As follows, Piketty explains income consists of two components: income from labor(wages, salaries, bonuses, earnings from nonwage labor and other renumeration statutorily classified as labor related) and income from capital(rent, dividends, interest, profits, capital gains, royalties, and other income derived from the mere fact of owning capital in the form of land, real estate, financial instruments, industrial equipments, etc., again regardless of its precise legal classification. (p.6) After you understand this, you can further read the follows, Piketty refers the core essence of this book in which he really pursued to bring about to the public. Piketty wrote: We have now learned that the capital/income ratio depends on the return on capital relative to the growth rate of the economy. We must now compare the rate of return on capital with the economic growth rate over the long-term to find the general trend of the capital/income ratio. This is exactly what his research depicted. Fundamental inequality (a.k.a. r is larger than g inequality) in the capitalist era in human history remains as long as capitalist society exists. Piketty said: ......it is a fundamental inequality (Piketty denotes it the r is larger than g inequality, where r is the rate of return on capital, and g is the economic growth rate). ...it has nothing to do with any market imperfection. Quite the contrary: the more perfect the market in the economist's sense, the more likely r is to be greater than g. (p.13) Solutions and Conclusion of the book is like this: The shocks of the interwar years(including the two world wars and the Great Depression) gave the illusion that issues of capital accumulation and concentration had been solved. However this is not the case. Rather, the major events of the first half of the twentieth century merely wiped the slate clean. Since that time, the natural forces contributing to the accumulation and concentration of wealth have reasserted themselves. As a result, capital has once again been built up, and is becoming more and more and more concentrated, and these trends will likely continue into the future. (Note: Piketty mentioned 1980s neo liberalism) Unless, that is, progressive taxes are raised. If not, it becomes increasingly likely that measures such as protectionism and nationalism will be resorted to. And the twentieth century should remind us of the danger of these policies. (P.40) Some Japanese critics distorted this solution and the conclusion that his methods towards the nationalism and protectionism because of the rigid control on the progressive taxes need more authoritative regimes. On the contrary, they still can't provide us any scientific alternatives like Piketty offered. This is the best summary of the best seller book! Source:中西良太 / Ryota Nakanishi "Amazon Top #500 Reviewer 2015, 2014, 2013です。 憲法、消費税、TPP、基地問題、原発、労働問題、マスゴミと前近代的司法が日本の最重要問題です！"さんが書き込んだレビュー (万国の労働者階級団結せよ！Workers of the world unite! 対米従属批判！民主主義にタブーなし！在日外国人への差別を止めよう！)