__Capital in the 21st Century_ Movie Worksheet

.pdf

School

Palisades Charter High *

*We aren’t endorsed by this school

Course

13228984

Subject

Economics

Date

Apr 29, 2024

Type

pdf

Pages

2

Uploaded by GeneralTitanium14079

Report
Title: "Capital in the 21st Century" Movie Worksheet Questions: 1. What is the primary focus of capitalism as discussed in the film? Wealth and capital 2. Who is the author of the book "Capital in the 21st Century"? Thomas Piketty 3. Explain the concept of "r > g" as discussed in the movie. X 4. How does the movie define "capital"? X 5. Provide examples of capital mentioned in the film. Land, property, intellectual property 6. Describe the relationship between wealth inequality and capitalism according to the movie. Connections it’s about who you know. You have advantages when you know people. 7. How does the movie argue that economic inequality impacts democracy? 8. Discuss the historical context of wealth distribution presented in the film. 9. According to the movie, how has the concentration of wealth changed over time? According to the movie, the concentration of wealth has increased over time, with wealth becoming more concentrated in the hands of a small percentage of the population. 10. What are some proposed solutions to address wealth inequality discussed in the movie? Implementing progressive taxation to tax the wealthy more, establishing global wealth taxes to prevent the concentration of wealth, strengthening social safety nets such as healthcare and education, and encouraging transparency in financial systems to prevent tax evasion and hidden wealth. 11. Explain the role of taxes in wealth redistribution as depicted in the film. 12. Define "patrimonial capitalism" as presented in the movie. Film Debrief 13. Does this film make you reconsider your own views on socialism? Explain why or why not. Yes, this film made me reconsider my views on socialism. Before watching, I thought of socialism as a more extreme form of government control and wealth redistribution. However, Thomas Piketty's perspective in the film shifted my understanding. He doesn't advocate for full-blown socialism but emphasizes the need for policies that address growing
inequality. His idea of progressive taxation and wealth redistribution to prevent the concentration of wealth resonated with me. It made me see socialism as not just about government control but also about creating a fairer society where everyone has opportunities. 14. Critics of this documentary argue that it is socialist propaganda? Explain whether you agree or disagree with this statement and why. I disagree with the statement that this documentary is socialist propaganda. While the film does have a clear stance on economic inequality and the need for policies to address it, it doesn't force a singular ideology. It presents data and historical trends to support its arguments, which is not the same as propaganda. Calling it propaganda would discredit the valid arguments for addressing inequality. 15. Is it more important to prioritize financial equality or the growth of the economy? Explain which you prioritize more and why. Personally, I think it’s more important to prioritize financial equality over economic growth. The film highlighted how extreme inequality can lead to social unrest and instability. While economic growth is crucial for a healthy society, it should not come at the expense of leaving a significant portion of the population behind. By prioritizing financial equality through policies like progressive taxation and social programs, we can create a more stable and just society where everyone has a chance to thrive. It's about finding a balance where the economy grows, but the benefits are shared more justly.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Recommended textbooks for you
Text book image
Principles of Economics, 7th Edition (MindTap Cou...
Economics
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Exploring Economics
Economics
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:SAGE Publications, Inc
Text book image
Essentials of Economics (MindTap Course List)
Economics
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Brief Principles of Macroeconomics (MindTap Cours...
Economics
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Microeconomics: Private and Public Choice (MindTa...
Economics
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning
Text book image
Economics: Private and Public Choice (MindTap Cou...
Economics
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning
SEE MORE TEXTBOOKS
Recommended textbooks for you
Text book image
Principles of Economics, 7th Edition (MindTap Cou...
Economics
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Exploring Economics
Economics
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:SAGE Publications, Inc
Text book image
Essentials of Economics (MindTap Course List)
Economics
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Brief Principles of Macroeconomics (MindTap Cours...
Economics
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Microeconomics: Private and Public Choice (MindTa...
Economics
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning
Text book image
Economics: Private and Public Choice (MindTap Cou...
Economics
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning
SEE MORE TEXTBOOKS