How to redistribute wealth in a country?

How to redistribute wealth in a country?

How to redistribute wealth in a country?

The two main channels of the redistribution in France are taxation and in particular progressive tax and social benefits. We can also include public services such as schools, health, road construction and maintenance, etc.

How to better distribute wealth?

Another solution could be considered: an increase in the general social contribution (CSG) – which covers all incomes, with a few social exceptions – on income received by people with a higher than average standard of living. This would have a triple advantage.

Why redistribute wealth?

The redistribution raises the standard of living of the poorest, allowing them to live more decently and consume more. But the Treasury study also shows that this redistributive system can slow down economic activity and encourage welfare.

How does redistribution work?

The redistribution income, financed by taxes for the logic of insurance and by social security contributions for the logic of assistance, respectively allows households to insure themselves against a social risk and to limit inequalities and poverty.

What is the distribution of wealth?

In France, inequalities in wealth are the most vertiginous than those related to income. Some striking figures: 10% of the richest households hold nearly 50% of total assets, and 160 times more than the poorest 10% who own an average maximum of 3,800 euros each (source INSEE).

What are the factors of production of communism?

In communism, central planners supersede the forces of competition and the laws of supply and demand that operate in a market economy. They also replace the customs that guide a traditional economy. Most communist societies are based on a mixed economy.

What is Communism?

Communism is most similar to socialism. In both cases, people own the factors of production. The biggest difference is that production is distributed according to need in communism, and according to capacity under socialism.

What is the goal of communism?

Their objective is to put the general interest above the particular interest. Communism, on the other hand, seeks an overthrow of the capitalist system in order to eliminate the division of society into social classes, namely the proletarians (workers and peasants) and the bourgeoisie (business owners and the wealthy).

What is the difference between socialism and communism?

Socialism is a left-wing social and political doctrine that emerged in the early 19th century. She denounces the social inequalities that are engendered by capitalism. Socialists want a redistribution of wealth and social equality. Communism draws heavily from socialism, but is more radical.