“If you have free trade and free circulation of capital and people but destroy the social state and all forms of progressive taxation, the temptations of defensive nationalism and identity politics will very likely grow stronger than ever in both Europe and the United States. Note, finally, that the less developed countries will be among the primary beneficiaries of a more just and transparent international tax system.” TaxesTaxationGlobal EconomyFree TradePiketty Book:Capital in the Twenty First Century Source: Capital in the Twenty First Century
“Protectionism does not produce wealth, and free trade and economic openness are ultimately in everyone’s interest” EconomicsFree TradePiketty Book:Capital in the Twenty First Century Source: Capital in the Twenty First Century