That would mean taxing capital and labour differently, according to how mobile each is.
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It could be Catholic guilt, or lingering Marxism (economics textbooks teach pupils about the conflict between capital and labour).
The often-fuzzy line between income from capital and labour means a large gap in relative tax rates breeds tax avoidance.
In China, communism had beaten both capital and labour into submission, though Deng's reforms were opposed by party conservatives and state-owned industry.
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On the other hand, questions about, say, the size of the state or the relationship between capital and labour are no longer exciting at all.
The country did have high tariff barriers in the 19th century, but it also cheerfully imported foreign capital and labour to finance and build the westward expansion.
As product costs include mainly capital and labour, and the capital costs for companies are nearly the same in every country, the real differences are in wages.
Growth can be generated either by increased inputs of capital and labour or by more efficient use of those inputs as a result of new technology or better management.
Yet the strikes do not reflect an unbridgeable divide between capital and labour: rather, nearly all South Koreans are capitalists, and many of the strikers had voted for Mr Lee.
It depicts Liberal Chancellor of the Exchequer David Lloyd George (1863 - 1945) sitting on the budget and contemplating the building blocks of Capital and Labour, with the caption 'Can it be done?
He believes that worldwide structural changes (increased mobility of capital and labour, the greater credibility of central bankers as inflation-fighters, the preference of ageing baby-boomers for fixed-income securities) have altered the equation, and that top-quality bond yields are, if anything, headed down.
Companies are becoming more efficient, and not just by sacking workers and buying in their needs instead: a study to be released soon shows the overall productivity of capital and labour together rising at 5% a year, says Jose Roberto Mendonca de Barros, the economic-policy secretary.
But, in pushing through necessary supply-side reforms in taxes, regulations, and capital and labour markets, he faces opposition from within his own party, from trade unions, from a varied array of professional lobbies, and even on occasion from business groups that are threatened by particular changes.
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Next to the garment district in an even more insalubrious part of the city, heavily populated with drunks is Toy-town, home to more than 100 businesses, most of them owned by Chinese immigrants who specialise in managing production chains that link Chinese capital and labour with western designers and marketers.
American steel is really two industries: a group of low-cost, non-unionised mini-mills and an array of unionised, capital- and labour-intensive integrated steel producers.
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Seeking to ramp up production so fast, and relying so heavily on local supplies, also risks starving non-oil businesses of capital and skilled labour (which is in desperately short supply).
The future of the Kaesong Industrial Complex in North Korea, a joint venture between southern capital and northern labour, is in doubt following a series of capricious demands by Pyongyang.
To prove its determination to get Saadiyat off the ground, it has declared that companies opening offices there will never pay any tax, can repatriate all their profits and capital, can import labour freely and need not take any local partners.
Instead, it thinks Japan must embrace structural changes: to its tax and banking systems, for instance, and to its labour and capital markets.
Certainly, social protection does carry economic costs, reducing the amount of output that can be squeezed from any given amount of capital, labour and other resources.
Europe, too, is not just suffering from an excess of counter-inflationary zeal (at a time when deflation is also a risk) and inappropriate fiscal restraint: fundamental reforms are needed to labour and capital markets in several countries if domestic demand is to grow significantly.
Both depend on commodity exports, both trade heavily within the Asia-Pacific region and there is (almost) free movement in trade, labour and capital between the two countries.
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In many other ways, the business of winning elections has become more capital-intensive and less labour-intensive, making political donors matter more and political activists less.
More broadly, economies tend to grow when they get bigger inputs of labour, capital and technology.
In farming, just as in anything else, the classical factors of production are land, labour and capital.
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Right at the heart of the EU project is the free movement of goods, services, labour and capital.
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EU's single market, which embodies the Rome treaty's principles of a free flow of goods, services, labour and capital.
In the British case, the industry's share of labour and capital has been on a declining trend since 1990.
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EU's agenda-setting presidency, things did move along, even in some boggy areas for instance, over free movement of labour and capital.
Labour and capital markets as ruthlessly efficient as America's offer more wealth but, for many at least, less economic security.
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