New Thoughts on Capital in the Twenty-First Century - Movie Review Example

Piketty programs significance of wealth in contemporary economies is reaching levels only previously seen during World War I. From this, Piketty formulates an outstanding hypothesis about capital and inequality, it’s and that wealth increases quicker than economic productivity or growth. Idea of paying citizens a yearly stipend is gaining support in Switzerland A proposition to assure every citizen an annual salary of Fr.30,000 is underway in Switzerland. The salary is paid irrespective of the citizen’s employment starters or wealth.

The proposition has gone a sufficient number of supporters to prompt a referendum in the country. Paul Solman, an Economics columnist, speaks about this proposition in the fast rate at which it is acquiring traction across political party margins outside Switzerland in developed economies such as the United States. However, Solman says views on this idea vary on, if, and how and assure the basic salary would be practical (Solman, 2014).