Piketty won’t help SA conserve its existing wealth and generate more
Both the OECD and Thomas Piketty recommend that South Africa double down on wealth redistribution to allay its economic woes.
Thomas Piketty
SA can’t afford basic income grant, says Business Unity South Africa
“Depending at what level it would be set, the cost of a universal basic income grant has been projected at several hundred billion rand per annum.”
Tax on wealthy South Africans could raise R160bn for government coffers
An annual wealth tax on the net worth of South Africa’s richest people could raise as much as R160bn and would narrow inequality.
Wealth Tax coming – Rock star economists Piketty, Stiglitz say it will tackle inequality, pay Covid-19 bills.
Rock star economists Joseph Stiglitz and Thomas Piketty are leading the charge for a hefty Wealth Tax to now be introduced to fight against Covid-19.
Inside Covid-19: SA Govt-favoured Stiglitz, Piketty on paying for pandemic: tax the wealthy and digital titans. Ep47
We hear fresh and some rather frightening ideas from Joe Stiglitz and Thomas Piketty on how countries should pay the bill for the war against Covid-19.
Donwald Pressly: Will SA follow UK into anti-establishment? Only getting started.
As South Africa prepares itself for the biggest election since 1994, Donwald Pressly asks if voters will do the backlash, just like Brexit voters.
Chris Hattingh: Capitalism – the only moral economic system
Capitalism is the only moral system because it respects the volitional reason of the individual to engage with others and further their own happiness as they see fit, and it allows them to fail and learn from the consequences if they should make a mistake.
Lessons from US? Defining Minimum Standards – how much is enough?
It’s a question everyone asks themselves, how much is enough, and when is enough too much. In South Africa, the challenge facing the majority is, there just isn’t enough.
Why 62 super-rich own same as mankind’s bottom 3.5bn – blame the bankers
It appears not only has the financial crisis been weathered by the global super-rich, but that their fortunes have collectively improved.
Rock star economist Piketty: ‘BEE not that successful in spreading wealth’
Riaz Gardee attended Thomas Piketty’s lecture in Soweto, he warmed to much of what the rock star economist had to say. But once we get past emotion and self-righteousness, the crux of all this is whether resources are best applied in the common good by those who accumulate them, or by those who would requisition those assets through taxes and levies.