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Thomas Piketty Quotes: When inequality gets to an extreme, it is completely useless for growth.
         

When inequality gets to an extreme, it is completely useless for growth.


Thomas Piketty
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"Thomas Piketty Quotes." Quoteslyfe.com, 2024. Fri. 29 Mar. 2024. <https://www.quoteslyfe.com/quote/When-inequality-gets-to-an-extreme-it-1109277>.





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Other quotes of Thomas Piketty


Wealth is so concentrated that a large segment of society is virtually unaware of its existence.

Wealth is so concentrated that a large segment of society is virtually unaware of its existence.



We want capitalism and market forces to be the slave of democracy rather than the opposite.

We want capitalism and market forces to be the slave of democracy rather than the opposite.



It's important to realize that innovation and growth in itself are not sufficient to moderate inequality of wealth.

It's important to realize that innovation and growth in itself are not sufficient to moderate inequality of wealth.



Our modern democratic ideal is based on the hope that inequalities will be based on merit more than inheritance or luck.

Our modern democratic ideal is based on the hope that inequalities will be based on merit more than inheritance or luck.



No hypocrisy is too great when economic and financial elites are obliged to defend their interest.

No hypocrisy is too great when economic and financial elites are obliged to defend their interest.



Over a long period of time, the main force in favor of greater equality has been the diffusion of knowledge and skills.

Over a long period of time, the main force in favor of greater equality has been the diffusion of knowledge and skills.



Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers.

Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers.



At the heart of every major political upheaval lies a fiscal revolution.

At the heart of every major political upheaval lies a fiscal revolution.



I don't think there is any serious evidence that we need to be paying people more than 100 times the average wage in order to get high-performing managers.

I don't think there is any serious evidence that we need to be paying people more than 100 times the average wage in order to get high-performing managers.



I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people.

I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people.





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Don't you always feel bad when they take away one of the spoons? It's like you ordered wrong.

Don't you always feel bad when they take away one of the spoons? It's like you ordered wrong.



Ultimately, what audiences respond to is truth. Even as fantastical as the story can be, and out there, at its core, it's dealing with loss, madness and mortality.

Ultimately, what audiences respond to is truth. Even as fantastical as the story can be, and out there, at its core, it's dealing with loss, madness and mortality.



I love it when women come up to me and tell me I'm a positive influence on their lives and the lives of their young daughters. That's a great feeling.

I love it when women come up to me and tell me I'm a positive influence on their lives and the lives of their young daughters. That's a great feeling.



Underneath the shifting appearances of the world as perceived by our unreliable senses, is there, or is there not, a bedrock of objective reality?

Underneath the shifting appearances of the world as perceived by our unreliable senses, is there, or is there not, a bedrock of objective reality?



I think it's time to travel, start gathering some real right-in-there experiences with street musicians around the world.

I think it's time to travel, start gathering some real right-in-there experiences with street musicians around the world.



I don't want any woman to think that I don't have empathy and deep care for all women's body issues. I just want to make sure that we don't only focus on the most palatable ones.

I don't want any woman to think that I don't have empathy and deep care for all women's body issues. I just want to make sure that we don't only focus on the most palatable ones.



All religions, they play football - even nowadays all girls and women have the right to play football in cultures like the Arabic countries in the Muslim they play football.

All religions, they play football - even nowadays all girls and women have the right to play football in cultures like the Arabic countries in the Muslim they play football.



I really have the American dream licked.

I really have the American dream licked.




Quote Description


This page presents the quote "When inequality gets to an extreme, it is completely useless for growth.". Author of this quote is Thomas Piketty. This quote is about inequality, useless, growth,.