Otherwise, we have created a very dangerous system, where a very large part of the population feel that they are not gaining from globalisation-they are not gaining in particular from European integration-and that people at the top, large corporations or people with high wealth and high income, get a better deal because the system in a way was organised so that they can just click on a button and transfer their wealth to another jurisdiction and nobody can follow them. It has to come with some common tax system, so that the most mobile and most powerful economic actors have to contribute to the common good-at least as much a proportion of their wealth and of their income as the middle class and the lower socio-economic groups. The circulation of investment is, of course, not bad in itself but it has to come with an automatic transmission of information about who owns what and where. It was organised via particular international treaties and we have to rewrite these treaties. Free capital flow is not something that came from the sky-it was created by us. Thomas Piketty: We have to rethink the way we organise globalisation.
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