| Author (Person) | Corneo, Giacomo |
|---|---|
| Series Title | Social Europe Journal: Research Essay |
| Series Details | No.2, November 2014 |
| Publication Date | November 2014 |
| Content Type | Journal | Series | Blog |
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The increase of income and wealth concentration threatens the European project of a good society. Capital taxation alone cannot stop this process, but a combination of moderately higher capital taxes and a novel role of public capital will do. The governance of public capital requires carefully designed institutions: a sovereign wealth fund and a special public investment agency called Federal Shareholder. This first Research Essay written by economist Giacomo Corneo is published in cooperation with the Free University Berlin and the Friedrich-Ebert-Stiftung London. It offers a fresh new look on inequality and proposes new mechanisms for how governments can deal with this pressing issue. |
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| Source Link | http://www.social-europe.eu/wp-content/uploads/2014/11/RE2-Corneo.pdf |
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| Countries / Regions | Europe |
