Powered by OpenAIRE graph
Found an issue? Give us feedback
ZENODOarrow_drop_down
ZENODO
Preprint . 2026
License: CC BY
Data sources: Datacite
ZENODO
Preprint . 2026
License: CC BY
Data sources: Datacite
ZENODO
Research . 2026
License: CC BY
Data sources: Datacite
ZENODO
Preprint . 2026
License: CC BY
Data sources: Datacite
ZENODO
Preprint . 2026
License: CC BY
Data sources: Datacite
versions View all 5 versions
addClaim

The Great Synchronization: Reclaiming Labor through the Excess Wealth Growth Tax (EWGT)

Authors: Lee, Juhyun;

The Great Synchronization: Reclaiming Labor through the Excess Wealth Growth Tax (EWGT)

Abstract

Thomas Piketty’s observation (r > g) identified the fundamental flaw in modern capitalism: capital outpaces the real economy, leading to the inevitable marginalization of labor. This paper proposes a structural remedy: the Excess Wealth Growth Tax (EWGT). Unlike traditional wealth taxes that penalize static capital, the EWGT is a dynamic synchronization tool. It targets only the growth differential between individual wealth and national GDP, protects the principal (W_0), and incorporates a Cumulative Offset Mechanism to prevent double taxation. By exempting the ultra-wealthy from traditional inheritance taxes in exchange for this growth-based synchronization, the model restores the value of labor and incentivizes productive investment over passive rent-seeking.

Keywords

r>g, Economics, Excess Wealth Growth Tax(EWGT), Synchronization Tax

  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Upload OA version
Are you the author of this publication? Upload your Open Access version to Zenodo!
It’s fast and easy, just two clicks!