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One percent, one hundred percent 일 퍼센트, 일백 퍼센트
Damián Ortega One percent, one hundred percent refers to the economic relationship between the accumulation dispersal of capital it also makes a formal reference to a population concentration density in the face of the massive expansion of cities. Ortega conceived of this work while watching a television interview with an economic expert who discussed unquantifiable values in an informal economy, such as unregistered property ownership, personal sharing of work hours, non-monetary barter. After WWII, the British government tried to incorporate this marginal wealth into the formal economy by issuing official certificates of property allowing these citizens to get credits, while requiring them to pay taxes towards the reconstruction of the country. Quantifying this irregular capital, the government realized that undocumented wealth was nearly equivalent to the capital of the banks. In fact, recent research has revealed that while major capital is concentrated at precise points on the planet, its value is equivalent to that of small capital dispersed through out all the cities in the world. Compare a basketball player earning in one second of advertising running shoes, the same amount that 666 seamstresses together earn in one year producing those shoes. These are the mysteries of capital.
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