I do agree with Mr Stiglitz,



These matter are, for a good reason, more and more at our focus. May the trigger has been the Mr Piketty's book Capital in the Twenty-First Century, where he shown that the rich are becoming richer in a pace never seem before. Despite he has been fiercely discredit by a group of economists, he presented a vast research in which it core point is and remain sustainable.

What to say about what we are looking at, for the recent years?

Mr Dani Rodrik's "The Globalization Paradox", later in 2012 advocate that the rules and laws of a single country can, in essence, regulate internal affairs and can do nothing on a globalized world. The old set of international regulations are... old and can't accomplish with the new and inventive ways multinationals doing busines . The world changed, technology allows companies to do things in a far different way. This is natural and it has been all this way, for centuries.

The question is, corporate move itself toward new ways of avoid taxes and growing profit very very faster than the governments in changing the rules.

Nowadays, we are also seeing the growing power of this companies, with stronger lobbies, acting in self interest, to say - growing profits and avoiding taxes - promoting the legislatures to slow moving on change that, or not change at all.

So, if local legislatures are inefficient on change this scenario at home, what to say on collaborate in a agreement among several countries.



But, my thought is, the time is now, (citing Paul Krugman!) revise and update these international rules we must, we should and hopefully we will.