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Capital is defined as the sum total of nonhuman assets that can be owned and exchanged on some market.

— Thomas Piketty

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More quotes by Thomas Piketty

Democracy will never be supplanted by a republic of experts – and that is a very good thing.

Broadly speaking, the rise of the supermanager is largely an Anglo-Saxon phenomenon.

To put it bluntly, the discipline of economics has yet to get over its childish passion for mathematics.

We know something about billionaire consumption, but it is hard to measure some of it. Some billionaires are consuming politicians, others consume reporters, and some consume academics.

When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.

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Quote text and notes from Wikiquote: Thomas Piketty (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.