Humans are eternal beings who are born over and over again to polish and improve their souls. The process of reincarnation becomes a story shaped by every individual’s “personal color.” By observing the past life of a famous figure revealed by Happy Science’s spiritual investigations, you can see the nature of the soul that shines timelessly.

 

 
The Democratic Party is calling for a tax increase to “correct inequality,” revolving the presidential election. They are trying to eliminate Trump’s tax cuts and tighten progressive taxation around large corporations and the wealthy.

The theory of correcting inequality became popular after the subprime mortgage crisis and the Obama era. Many movements surrounding this theory call out the disparity between the few wealthy and the poor majority, blaming the wealthy class for the “inequality.”

There was one French economist who endorsed these movements: Thomas Piketty. He is the author of “Capital in the Twenty-First Century.” Piketty’s argument is the following:

“The rate of return on capital (r) is greater than the rate of nominal economic growth (g), so the poor can never keep up with the rich. The top 1% of the rich who hold large capital get richer and create a wealth gap with the bottom 99% who have no choice but to work. This wealth gap can only be corrected by strengthening progressive taxation.”

Ever since Piketty called for greater tax increases, it seems that left-wing groups have borrowed his logic in the U.S. and Japan — socialism, once destroyed, is now coming back to life. There is no better time to look into the source of the poisoned water.

According to Happy Science’s spiritual investigation, Piketty’s past life was Engels — one of the two leading figures of communism.

On the surface, Piketty has claimed that he is not a Marxist himself. Many only consider him as nothing more than a left-wing economist, and he is not treated with caution like other communists. The reality is that he has great popularity in the media.

The truth is far from true. Piketty’s philosophy is similar to Marxism, and his characteristic as a “co-founder” is certainly inherited from his past life as Engels.

 

Sidekick of Marx

Piketty and Engels have in common an ability to cleverly infiltrate society with their economic theories that aim to achieve “equality of outcome.”

Engels was born into the household of a textile factory owner in Germany’s industrial city of Barmen. He dropped out of school, served in the military and worked for a Manchester company run by his father.

During that time, he felt the rise of the socialist movement after witnessing workers in the U.K. and wrote, “Outlines of a Critique of Political Economy.” Engels’ article moved Marx, and the two reached a mutual understanding. They became comrades who moved on to spreading the communist ideology.

Later, Engels suffered a setback in Germany’s revolutionary movement and fled to England in 1849 in exile. He printed the Neue Rheinische Zeitung, a Germany daily newspaper, while using the money earned at the Manchester company to invest in Marx.

Without Engels’ financial support, Marx would’ve starved to death before giving birth to his communist theory. It can be said that Engels was the “midwife” of communism.

 

Turning the Wheel of the Revolution

After Marx’s death, Engels completed “Das Kapital” based on past manuscripts. He was talented as both a writer and an editor.

The famous “Communist Manifesto” wouldn’t have been possible without Engels either. As a practitioner, Engels exchanged ideas with members of the Communist League and laid out the essence of the manifesto. He had asked Marx to complete the theoretical aspect.

The “Communist Manifesto” was intended to restructure their minor political group into a formalized “Communist Party” and expand it. The Manifesto reflects strong qualities as an official statement from the Communist Party.

In short, Engels turned the first wheel of the revolution by creating an organization and drafting an action plan through the Communist Manifesto. The man who gave substance to the communist movement as an “influencer” of Marxist theory was none other than Engels.

Bronze statue of Marx (left) and Engels (right) that was built in East Berlin during the East Germany era.

 

France’s Elite Economist?

Piketty was born to a workers’ family and attended the École Normale Supérieure (ENS) in Paris at the age of 18. At the age of 22, Piketty earned his Ph.D. from the London School of Economics (LSE). He demonstrated above-average abilities from a young age and became an expert in the economic theory of addressing income inequality.

Later on, he continued his career at the Massachusetts Institute of Technology (MIT) and the French National Centre for Scientific Research (CNRS). Piketty became the first head of the Paris School of Economics, where he is currently a professor. Based on his past achievements, it can be well said that Piketty has achieved great success as a researcher.

In spite of his grand career, Piketty makes full use of mathematical economic models. He spread a “21st century version of the theory of capital” to the world by stylishly proving a widening inequality — not through ideologies, but through economic formulas and statistics.

Piketty acknowledges economic growth, which may have been a differentiating factor from ordinary communists and helped spread his economic theory to intellectuals who have long avoided Marxism.

Piketty became the favorite of the media when “Capital in the Twenty-First Century” was published. He is still energetically engaged in “media warfare”; for example, he recently supervised a documentary film that documents his theory. Piketty’s skill cannot be underestimated.

Piketty’s activities seem to once again play a role as an “influencer” of Marxism by modernizing Marxist theory into an “income inequality theory.”

 

1) Prioritizing Equality Over Freedom

Thus, we shouldn’t be fooled by the elegance of Piketty’s theory; his conclusion is incredibly similar to that of Marxism.

Piketty carries the theory that, “capital accumulates and becomes increasingly concentrated in the hands of the wealthy minority.”

He also openly acknowledges Marx for confronting this issue and claims that today’s economists should follow Marx’s attitude.

In addition, he spoke out on the “free and equal” principles outlined in the French “Declaration of the Rights of Man and of the Citizen”; Piketty claims that social inequality is only acceptable in the interests of all, especially for the most disadvantaged social groups.

If this concept is embodied in the economy, it becomes the idea that making money is only allowed when the poor class gets a share. Thus, a policy that values equality of outcome will be proposed.

Piketty’s argument is that the wealthiest people must encourage a circulation of wealth and return some of their possessions to the community each year to reduce a concentration of wealth. (*)

The government is trying to use this money to pay for environmental measures and benefits to the poor. If we continue to prioritize equality of outcome over freedom, the end will be communism.

 

2) Tightening Progressive Taxes

Furthermore, Piketty “analyzes” tax data based on his justice theory.

In France, poor people pay more than 40% of their income in taxes, but the top 0.1% of high-income earners pay only 35% in taxes.

Piketty is calling for progressive taxation. He argues that a devastating tax rate on the highest-income earners is the only way to prevent a visible increase in ultra-high salaries.

He also suggests that the highest tax rates should be 80% for an income tax and 60% for an inheritance tax. It is an outrageous theory that is reminiscent of communist revolutions around the world, stripping away properties of capitalists.

 

3) A ‘New World’ That Works Hand in Hand With Capital Taxation

The rich will just flee to foreign countries if their country raises the tax rate. Therefore, Piketty envisions a global tax on capital to strengthen tax collection from the rich.

Piketty argues that capital taxation forces governments to clarify and expand international agreements on automatic sharing of bank data. He also claims that tax authorities in their respective countries must possess every single bit of information to calculate the net property of citizens.

Basically, he is calling for each country to cooperate and figure out the total capital of the rich who have more than one million euros of property — all to collect taxes from them.

Even more horrifying is his proposed method of doing so: “If we are to regain control of capitalism, we must be everything on democracy.”

Piketty says the majority should nudge governments to redistribute wealth on the basis of “democracy.” Don’t be fooled by the use of the word “democracy.” This is the underlying political dynamic of the Marxist revolution, in which a large number of poor people can be mobilized to gain political power by majority vote — under the name of “fixing poverty.”

He also claims that “workers’ representatives” should be present in corporate management meetings and that the government should hold shares in companies to gain greater control. According to Piketty, these measures will prevent the widening income disparity. (*)

Piketty aims to reduce inequality within the framework of “democracy” and proposes a global tax on capital. This is the modern version of the “Communist Manifesto” calling: “Workers of the world, unite!”

 

Annual Income Will Decrease, Power to Collect Taxes Will Strengthen and…

What kind of tragedy will Piketty’s claims bring about?

To begin with, a movement to bash those who made profits off of investments will create a depression. The income of the general public will decline, and unemployment and bankruptcy will increase.

Next, we must consider the consequence of the governing bodies of each country sharing bank data of all citizens and grasping an understanding of all assets. The governments’ power to collect taxes will grow enormously. The blades of their power will not only be directed to large corporations and the wealthy, but also to the general public and small and medium-sized enterprises.

There will be a terrible situation wherein a recession reduces tax revenue, the government works harder to collect more taxes, companies go bankrupt and the numbers of the unemployed and suicide skyrockets. Piketty’s seemingly gentle mask as an “ally of the weak” hides his true face which accelerates poverty.

Piketty believes that we can establish a fair society based on participatory socialism and social federalism that replaces capitalism and private ownership of capital. (*)

Piketty is dragging prominent people down and guiding people to believe in the equality of outcome, under the name of addressing income inequality. His proposed solution will destroy capitalism and form a society in which the government takes charge of the economy.

Now is the time to remember the saying: “The road to hell is paved with good intentions.” We must open our eyes to the truth revealed by the spiritual investigation and protect our sound economy.

(*) Piketty’s newest book, “Capital and Ideology” (2019). Quotes without annotations come from “Capital in the Twenty-First Century.”

 

Joe Tabacca / Shutterstock.com

 
The 2011 “Occupy Wall Street (OWS)” movement was theoretically backed by Piketty’s research before he became a globally well-known economist.

*Past lives are investigated by interacting with multiple spirits and researching the spiritual world from different lenses. Therefore, content may be updated from time to time.