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Thomas Piketty Quotes: 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.


Thomas Piketty
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"Thomas Piketty Quotes." Quoteslyfe.com, 2024. Fri. 22 Nov. 2024. <https://www.quoteslyfe.com/quote/Wealth-is-so-concentrated-that-a-large-1109272>.





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Other quotes of Thomas Piketty


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.



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

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



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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Belief is blind but with patience it too shall become apparent in due time.

Belief is blind but with patience it too shall become apparent in due time.




But when the flash flood crosses your path, when the lion leaps at you from the grasses, advanced self-awareness is an unaffordable indulgence. The brain stem does its best.

But when the flash flood crosses your path, when the lion leaps at you from the grasses, advanced self-awareness is an unaffordable indulgence. The brain stem does its best.



We need to accept that the commandments of God aren't just a long list of good ideas. They aren't 'life hacks' from an Internet blog or motivational quotes from a Pinterest board.

We need to accept that the commandments of God aren't just a long list of good ideas. They aren't 'life hacks' from an Internet blog or motivational quotes from a Pinterest board.



You just make the best movie you can and hope for the best, because you don't have any control over what happens with the movie, whether the movie is misinterpreted.

You just make the best movie you can and hope for the best, because you don't have any control over what happens with the movie, whether the movie is misinterpreted.



I would not have imagined being asked to be Secretary of State, it was a great honor to serve with President Obama in his cabinet.

I would not have imagined being asked to be Secretary of State, it was a great honor to serve with President Obama in his cabinet.



As sheepish as a fox captured by a fowl. [Fr., Honteux comme un renard qu'une poule aurait pris.]

As sheepish as a fox captured by a fowl. [Fr., Honteux comme un renard qu'une poule aurait pris.]



For me, photographs take their power from memory and emotion. A picture tells its own story, shaped by the mood or insights of the person you are at the time you see it.

For me, photographs take their power from memory and emotion. A picture tells its own story, shaped by the mood or insights of the person you are at the time you see it.



It was never clear that it wouldn't just stop (the WWW). Any time during that exponential growth, it could have stalled. I think we were never very confident until 1993.

It was never clear that it wouldn't just stop (the WWW). Any time during that exponential growth, it could have stalled. I think we were never very confident until 1993.



The Tories are now the party of rural areas and Labour essentially is in the big cities

The Tories are now the party of rural areas and Labour essentially is in the big cities




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This page presents the quote "Wealth is so concentrated that a large segment of society is virtually unaware of its existence.". Author of this quote is Thomas Piketty. This quote is about existence, wealth, society,.