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Mr Piketty used the historical evidence in his book to argue that a global tax of up to 2% a year on individual wealth should be introduced in order to prevent capital concentrating in the hands of the few.
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In short, too much capital concentrated in too few hands.
Thus, even though we demonstrate that high stocks of social capital concentrated within a neighborhood are correlated with participation in a health check, we cannot be sure that this is explained by the social capital of a collective nature.
However, studies on the influence of neighbourhood environment on pregnant and postpartum women's health, including those focusing on social capital, concentrated on clinical outcomes of pregnancy [ 37, 44, 47].
However, unlike other post-conflict states such as Afghanistan and Iraq, the implementing environment in Kosovo was favourable: high levels of donor assistance were dispersed, the majority of the population supported the military intervention, and the province had reasonably high levels of human capital concentrated in a small geographic area situated in Europe.
The Democrats need to acknowledge that if we restrict financing of economic growth to what can be withheld from consumption out of what has been produced in the past, we are necessarily trapped into either monopoly capitalism (concentrated private ownership of productive capital) or socialism (concentrated State ownership or control of productive capital).
As capital concentrates and finds a haven in property, the balance of power shifts between landlords and tenants.
As a result, the trend has been to diminish the importance of employment with productive capital ownership concentrating faster than ever, while technological change makes physical capital ever more productive.
Jerry was the Founder and Chief Executive Officer of Ventech International, a private venture capital firm concentrating on early stage communications, information technology and internet companies.
According to Mark Heesen, president of NVCA, capital is concentrating on two distinct ends of the VC spectrum, and this is where firms are also raising follow-on funds.
In a global economy where capital is concentrated among a few, and where a good portion of that capital seeks high-growth opportunities, we can expect more and more activity now that investors of all stripes — from early-stage tech investors all the way to retail investors — see the allure of mobile software and the quick, stratospheric returns it can generate.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com