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Since capital tends to be owned by richer households, a rising share of national income going to capital worsens inequality.
We are seeing a lot of liquidity coming into Indonesia, and it is mostly going to capital markets, to bonds, to stocks".
"It would probably be worthwhile for us to consider the possibility of going to capital markets abroad in 2010," he said, according to the Interfax news agency.
And with an ever-rising share of income going to capital rather than labor, that safety net would have to be paid for to an important extent via taxes on profits and/or investment income.
Inequality is also widening in China, but the problem there is a declining share of the fruits of economic growth going to average Chinese and an rising share going to capital investment.
Quite the contrary, further gains to more advantaged may even disadvantage the less advantaged for example, a falling minimal wage rate in the face of an increased supply of labor results in a greater share going to capital, which may benefit owners and middle class consumers but not the less advantaged workers.
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Screw it, I'm going to capitals, and bold too... HUGE POINT for Murray: goes to second serve... and a punishing rally ends with Murray finding the net.
If we go to capital controls, it's the first step in a very difficult process.
This resulted in an increase of the portion of gross domestic product that went to capital spending.
He said: "There clearly is a problem, particularly for SMEs who can't go to capital markets.
The majority of the budget goes to capital expenditures, wages and salaries, education and security, with health receiving less than 5 percent.
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