Thomas Piketty Quotes
Capital Is Never Quiet: It Is Always Risk-oriented And Entrepreneurial, At Least At Its Inception, Yet It Always Tends To Transform Itself Into Rents As It Accumulates In Large Enough Amounts - That Is Its Vocation, Its Logical Destination. What, Then, Gives Us The Vague Sense That Social Inequality Today Is Very Different From Social Inequality In The Age Of Balzac And Austen? Is This Just Empty Talk With No Purchase On Reality, Or Can We Identify Objective Factors To Explain Why Some People Think That Modern Capital Has Become More "dynamic" And Less "rent-seeking?
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