Inequality is the root of social evil. — Pope Francis
Rising inequality isn’t about who has the knowledge; it’s about who has the power. — Paul Krugman
You have to be interested in inequality. The issue of inequality and that of poverty are not separable. — Amartya Sen
Rich man down and poor man up-they are still not even. — Yiddish Proverbs
Our inequality materializes our upper class, vulgarizes our middle class, brutalizes our lower class. — Matthew Arnold
Absolute justice demands that mens incomes and rewards should ... vary, and that some have more than others-so long as human justice is upheld by the provision of equal opportunity for all. — Sayyid Qutb
The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes. — John Maynard Keynes
When inequality gets to an extreme, it is completely useless for growth. — Thomas Piketty
Promote fair opportunities, increase the income of low-income people, expand middle-income groups, standardise the order of income distribution and standardise wealth accumulation mechanisms. — Xi Jinping
We are all are equal, but some pay higher tax rates than others. — Jeff Rich
Yes, free markets tend to produce unequal incomes. We should not be ashamed of that. On the contrary, our system is the envy of the world and should be a source of pride. — Arthur C. Brooks
It is not inequality which is the real misfortune, it is dependence. — Voltaire
How long until we measure wealth inequality in FLOPS? — Andrej Karpathy
Of all the forms of inequality, injustice in health care is the most shocking and inhumane. — Martin Luther King, Jr.
When fewer workers have unions, the standard of living falls for everyone and the gap between the rich and poor grows. — John Sweeney
Making rich people richer doesn't make the rest of us richer. — Ha-Joon Chang
The rich get richer, and the poor get babies. — American Proverbs
If poor people knew how rich rich people are, there would be riots in the streets. — Sayings
There is nothing more unequal than the equal treatment of unequal people. — Thomas Jefferson
Income Inequality Image Quotes
3 things to keep private: Your love. Your income. Your next move.
How To Get Rich Quotes
You will get rich by giving society what it wants but does not yet know how to get. At scale. — Naval Ravikant
If it's that difficult for a rich man to get into heaven, think how terrible it must be for a poor man to get in . He doesn't even have a bribe for the gatekeeper. — Reverend Ike
As kids we didn't complain about being poor; we talked about how rich we were going to be and made moves to get the lifestyle we aspired to by any means we could. And as soon as we had a little money, we were eager to show it. — Jay-Z
As long as the problems of the poor are not radically resolved by rejecting the absolute autonomy of markets and financial speculation and by attacking the structural causes of inequality, no solution will be found for the world's problems or, for that matter, to any problems.
When beggars and shoeshine boys, barbers and beauticians can tell you how to get rich it is time to remind yourself that there is no more dangerous illusion than the belief that one can get something for nothing. — Bernard Baruch
Well, you know, in America everybody is interested in making the dollar fast. In Yugoslavia no matter how much you hustle you're not going to get rich, so you might as well play chess. — Bobby Fischer
So when these people sell out, even though they get fabulously rich, they're gypping themselves out of one of the potentially most rewarding experiences of their unfolding lives. Without it, they may never know their values or how to keep their newfound wealth in perspective. — Steve Jobs
I cannot tell you ... how to be rich. But I can tell you how to feel rich, which is far better, let me tell you firsthand, than being rich. Be grateful... It is the only totally reliable get rich quick scheme. — Ben Stein
Someday I want to be rich. Some people get so rich they lose all respect for humanity. That's how rich I want to be. — Rita Rudner
Budget cuts if you're not rich, tax cuts if you are. Less money for those who don't have any and more to those who do. That's how President Fredo says we're going to get out of the giant deficit hole he's dug. You can't put it any more simply. Rich people richer. Poor people poorer. — Will Durst
Is the rich world aware of how four billion of the six billion live? If we were aware, we would want to help out, we'd want to get involved. — Bill Gates
Rich And Poor Inequality Quotes
A State divided into a small number of rich and a large number of poor will always develop a government manipulated by the rich to protect the amenities represented by their property. — Harold Laski
When I was poor and I complained about inequality they said I was bitter. Now I'm rich and I complain about inequality they say I'm a hypocrite. I'm starting to think they just don't want to talk about inequality. — Russell Brand
The difference between rich and poor is becoming more extreme, and as income inequality widens the wealth gap in major nations, education, health and social mobility are all threatened. — Helene D. Gayle
I think that the main issue with inequality is not the gap between the rich and the poor. It is the gap between the earnings of top business leaders and the salaries of academics and journalists. — Arnold Kling
What is different between national inequality and global inequality is you have another element there that is sometimes forgotten: what matters for global inequality is relative growth rates between poor and rich countries. — Branko Milanovic
A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor. — Linda McQuaig
Wealth Inequality Quotes
Today, the top one-tenth of 1% owns nearly as much wealth as the bottom 90%. The economic game is rigged, and this level of inequality is unsustainable. We need an economy that works for all, not just the powerful. — Bernie Sanders
Overcoming poverty is not a gesture of charity. It is an act of justice. — Nelson Mandela
I recognize that globalization has helped many people rise out of poverty, but it has also damned many others to starve to death. It is true that global wealth is growing in absolute terms, but inequalities have also grown and new poverty arisen. — Pope Francis
There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning. — Warren Buffett
Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the very wealthy. At the expense of everybody who isn't at the top. — Max Keiser
Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class. — Bernie Sanders
I don’t object to some people being richer, even much richer, than others. I object to gain of wealth through political connections rather than earning it by merit. — Edward O. Thorp
Half the U.S. population owns barely 2 percent of its wealth, putting the United States near Rwanda and Uganda and below such nations as pre-Arab Spring Tunisia and Egypt when measured by degrees of income inequality. — Eric Alterman
He who eats and drinks with the rich leaves the table hungry — Greek Proverbs
By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then. — Sayings
Economic Inequality Quotes
A nation will not survive morally or economically when so few have so much and so many have so little. — Bernie Sanders
God, how patient are Thy poor! These corporations and masters of manipulation in finance heaping up great fortunes by a system of legalized extortion, and then exacting from the contributors-to whom a little means so much-a double share to guard the treasure! — Sayings
I know that there are no limits to which the powers of privilege will not go to keep the workers in slavery — Mother Jones
To deal with radicalism and extremism, we need to deal with economic inequality. This is what I learned from my experience in Solo and then in Jakarta. — Joko Widodo
I'm against having a Fed. It's socialism in its worst form. But until the Fed is gotten rid of, the only economic variable the poor have to counteract the injustices of the Fed is the minimum wage law. — Max Keiser
When you say fiscal responsibility, it seems to me that you really mean rich people keeping their money. — Alice Adams
The coming change can only come through a revolution, because the possessing class will not allow a peaceful change to take place; still we are willing to work for peace at any price, except at the price of liberty. — Lucy Parsons
In the long run men inevitably become the victims of their wealth. They adapt their lives and habits to their money, not their money to their lives. It preoccupies their thoughts, creates artificial needs, and draws a curtain between them and the world. — Herbert Croly
What good does it do to sit at the counter when you cannot afford a hamburger? — Martin Luther King, Jr.
In our society it is murder, psychologically, to deprive a man of a job or an income. You are in substance saying to that man that he has no right to exist. You are in a real way depriving him of life, liberty, and the pursuit of happiness, denying in his case the very creed of his society. — Sayings
Income Distribution Quotes
The more one considers the matter, the clearer it becomes that redistribution is in effect far less a redistribution of free income from the richer to the poorer, as we imagined, than a redistribution of power from the individual to the State. — Bertrand de Jouvenel
Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment. — Henry Hazlitt
Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned. — Thomas Sowell
Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad. — Paul Samuelson
A premise of the new city is that we want a society to be as egalitarian as possible. For this purpose, quality-of-life distribution is more important than income distribution. [And quality of life includes] a living environment as free of motor vehicles as possible. — Enrique Penalosa
Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take. — Barney Frank
Modern government has become a universal transfer agency that utilizes the political process for distributing vast measures of income and wealth. It preys on millions of victims in order to allocate valuable goods and services to its beneficiaries. — Hans F. Sennholz
Only now are increasing numbers of political and social scientists beginning to realize that Kelso's theories provide a private-property-based alternative to the imminent passage of a government-distributed "guaranteed income" or "negative income tax." — Hazel Henderson
By adopting programs to distribute substantial amounts of income, a nation guarantees that its government will become more powerful and invasive in other ways. — Robert Higgs
If your Income Taxes go to help out the less fortunate, there could be no legitimate kick against it in the world. This is becoming the richest, and the poorest Country in the world. Why? Why, on account of an unequal distribution of the money. — Will Rogers
Distribution Of Wealth Quotes
Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God's children. — Martin Luther King, Jr.
Organized labor is the only way to have fair distribution of wealth... — Dolores Huerta
If our economic system is to survive, there has to be a better distribution of wealth ... we can't have a system where some people live in superfluous, inordinate wealth, while others live in abject deadening poverty. — Martin Luther King, Jr.
Profit sharing in the form of stock distributions to workers would help to democratize the ownership of America's vast corporate wealth which is today appallingly undemocratic and unhealthy. — Walter Reuther
The words Socialism and Communism have the same meaning. They indicate a condition of society in which the wealth of the community: the land and the means of production, distribution and transport are held in common, production being for use and not for profit. — Sylvia Pankhurst
Moving to a cooperatively organized enterprise is one of the best ways to really do something about unequal distribution of wealth. — Richard D. Wolff
Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers. — Thomas Piketty
The problem in Guatemala is that there is no solution to the issue of human rights. The problem is militarization, it is the injust distribution of wealth. It is intolerance of the indigenous, it is discrimination and marginalization. — Rigoberta Menchu
All men agree that a just distribution must be according to merit in some sense; they do not all specify the same sort of merit, but democrats identify it with freemen, supporters of oligarchy with wealth (or noble birth), and supporters of aristocracy with excellence. — Aristotle
The democratic ideal has always been related to a moderate level of inequality. I think one big reason why electoral democracy flourished in 19th century America better than 19th century Europe is because you had more equal distribution of wealth in America. — Thomas Piketty
Income Redistribution Quotes
Si tenés gobiernos populistas que lo único que proponen es la redistribución del ingreso, el gasto público que castigan al ahorro, te va a ir mal. Argentina hace 100 años que hace esto, entró al siglo XX siendo el país más rico del mundo y ahora somos un desastre. — Javier Milei
Monetary policy is about the redistribution of wealth and income from the masses to the classes. — Russell Napier
Voluntary exchange is more moral than forced redistribution. — Ben Shapiro
Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told. — Ha-Joon Chang
Are we interested in treating the symptoms of poverty and economic stagnation through income redistribution and class warfare, or do we want to go at the root causes of poverty and economic stagnation by promoting pro-growth policies that promote prosperity? — Paul Ryan
Liberals don't mind discussing who is more patriotic if patriotism is defined as redistributing income and vetoing the Pledge of Allegiance. Only if patriotism is defined as supporting America do they get testy and drone on about 'McCarthyism.' — Ann Coulter
Government income redistribution programs produce the same result as theft. In fact, that's what a thief does; he redistributes income. The difference between government and thievery is mostly a matter of legality. — Walter E. Williams
A safety net for the poor indeed requires some level of income redistribution. — Ari Fleischer
The New Deal was going to redistribute the national income according to ideals of social and economic justice. — Garet Garrett
If the economy is not expanding, the redistribution of income becomes a zero-sum game. And therefore, all the class struggle - and it becomes much more vicious. — Manmohan Singh
Wealth And Poverty Quotes
I believe that, as long as there is plenty, poverty is evil. Government belongs wherever evil needs an adversary and there are people in distress. — Robert Kennedy
You know what the Quran teaches me? The Quran teaches me that an incredibly wealthy man can be a failure (Firaun) and a homeless man can be successful (Prophet Ibrahim). It teaches me that success has nothing to do with wealth and failure has nothing to do with poverty. — Nouman Ali Khan
One who oppresses the poor to increase his wealth and one who gives gifts to the rich—both come to poverty. — Bible Proverbs
There is no greater wealth than wisdom, no greater poverty than ignorance; no greater heritage than culture and no greater support than consultation. — Ali ibn Abi Talib
The real difference between democracy and oligarchy is poverty and wealth. Wherever men rule by reason of their wealth, whether they be few or many, that is an oligarchy, and where the poor rule, that is a democracy. — Aristotle
The measure of the wealth of a nation is indicated by the measure of its protection of its industry; the measure of the poverty of a nation is marked by the degree in which it neglects and abandons the care of its own industry, leaving it exposed to the action of foreign powers. — Henry Clay
Ever since I’ve been saving money and not spending it on jewelry, I’ve been getting way richer. — 21 Savage
It is pretty hard to tell what does bring happiness; poverty and wealth have both failed. — Kin Hubbard
Building Black-owned businesses is a powerful way to shift the narrative — and sustain wealth in our communities. — 21 Savage
What information consumes is rather obvious: it consumes the attention of its recipients. Hence a wealth of information creates a poverty of attention, and a need to allocate that attention efficiently among the overabundance of information sources that might consume it. — Herbert Simon
Social Inequality Quotes
I am opposing a social order in which it is possible for one man who does absolutely nothing that is useful to amass a fortune of hundreds of millions of dollars, while millions of men and women who work all the days of their lives secure barely enough for a wretched existence. — Eugene V. Debs
Inequality can be done away with only by establishing a new society, where men and women will enjoy equal rights, resulting from an upheaval in the means of production and in all social relations. Thus, the status of women will improve only with the elimination of the system that exploits them. — Thomas Sankara
The social pact, far from destroying natural equality, substitutes, on the contrary, a moral and lawful equality for whatever physical inequality that nature may have imposed on mankind; so that however unequal in strength and intelligence, men become equal by covenant and by right. — Jean-Jacques Rousseau
The world is a ladder for some to go up and others down. — American Proverbs
All that a good government aims at... is to add no unnecessary and artificial aid to the force of its own unavoidable consequences, and to abstain from fortifying and accumulating social inequality as a means of increasing political inequalities. — James F. Cooper
I believe that education is the civil rights issue of our generation. And if you care about promoting opportunity and reducing inequality, the classroom is the place to start. Great teaching is about so much more than education; it is a daily fight for social justice. — Arne Duncan
Health inequalities and the social determinants of health are not a footnote to the determinants of health. They are the main issue. — Michael Marmot
More money is put into prisons than into schools. That, in itself, is the description of a nation bent on suicide. I mean, what is more precious to us than our own children? We are going to build a lot more prisons if we do not deal with the schools and their inequalities. — Jonathan Kozol
There can be no peace as long as there is grinding poverty, social injustice, inequality, oppression, environmental degradation, and as long as the weak and small continue to be trodden by the mighty and powerful. — Dalai Lama
Feminism isn't simply about being a woman in a position of power. It's battling systemic inequities; it's a social justice movement that believes sexism, racism and classism exist and interconnect, and that they should be consistently challenged. — Jessica Valenti
Economic Justice Quotes
But let me offer you my definition of social justice: I keep what I earn and you keep what you earn. Do you disagree? Well then tell me how much of what I earn belongs to you - and why? — Walter E. Williams
Instead of building the peace by attacking injustices like starvation, disease, illiteracy, political and economic servitude, we spend a trillion dollars on war since 1946, until hatred and conflict have become the international preoccupation. — Daniel Berrigan
Justice is never given; it is exacted and the struggle must be continuous for freedom is never a final fact, but a continuing evolving process to higher and higher levels of human, social, economic, political and religious relationship. — A. Philip Randolph
If globalization is to succeed, it must succeed for poor and rich alike. It must deliver rights no less than riches. It must provide social justice and equity no less than economic prosperity and enhanced communication. — Kofi Annan
Sustainable development is the pathway to the future we want for all. It offers a framework to generate economic growth, achieve social justice, exercise environmental stewardship and strengthen governance. — Ban Ki-moon
Justice is the first virtue of social institutions, as truth is of systems of thought. A theory however elegant and economical must be rejected or revised if it is untrue; likewise laws and institutions no matter how efficient and well-arranged must be reformed or abolished if they are unjust. — John Rawls
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty. — John Maynard Keynes
When the forest is destroyed, when the river is dammed, when the biodiversity is stolen, when fields are waterlogged or turned saline because of economic activities, it is a question of survival for these people. So our environmental movements have been justice movements. — Vandana Shiva
Justice goes across racial and economic barriers - like the good Samaritan. — John M. Perkins
We educated, privileged lawyers have a professional and moral duty to represent the underrepresented in our society, to ensure that justice exists for all, both legal and economic justice. — Sonia Sotomayor
Income and wealth inequality have reached obscene levels, the threat of climate change is more frightening than ever, and the billionaire class is now allowed to spend unlimited amounts of money to buy the candidate they want. And it is up to us to stand up and fight back. If we stand together, there is no limit to what we can accomplish. — Bernie Sanders
Socialism violates at least three of the Ten Commandments: It turns government into God, it legalizes thievery and it elevates covetousness. Discussions of income inequality, after all, aren't about prosperity but about petty spite. Why should you care how much money I make, so long as you are happy? — Ben Shapiro
By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money supply. — Max Keiser
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. — Thomas Piketty
The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy. — Timothy Geithner
The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat. — Ben Shapiro
If a basketball franchise pays my neighbor Kobe Bryant $20 million a year because it takes that much to get him, fine. But if hedge fund managers bribe politicians to put a clause in the laws cutting the tax rate on much of their income to a fraction of the percentage the average worker pays, I object. — Edward O. Thorp
There is far too little discussion in Washington about the collapse of the middle class , almost no discussion at all about the incredible income inequality and wealth inequality in this country, and the fact that we're moving toward an oligarch form of society. — Bernie Sanders
Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people. — Robert Higgs
Nothing would more quickly and definitively reduce U.S. income inequality than allowing every worker in all businesses to participate in deciding the range of incomes from one worker to another. They would never do what is now a matter of normality: give one person millions, in some cases billions, while others have barely enough to make a living. — Richard D. Wolff
I think the issue of income and wealth inequality is in fact a moral issue. — Bernie Sanders
Here's what income and wealth inequality is about. Last year, the top 25 hedge fund managers made more than 24 billion, enough to pay the salaries of 425,000 public school teachers. This level of inequality is neither moral or sustainable — Bernie Sanders
The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority. — Janet Yellen
Don't give up - our country needs you now more than ever. This is a pivotal moment in the history of our country: Our ideals are at stake, and we all have to fight for who we are. We are all, and should be treated as, equals, but the disparity in terms of income and inequality, for women and women of color, is significant. — Kamala Harris
The essential point here is that all people with small, insecure incomes are in the same boat and ought to be fighting on the same side. Probably we could do with a little less talk about' capitalist' and 'proletarian' and a little more about the robbers and the robbed. — Sayings
If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis. — Tyler Cowen
Let us wage a moral and political war against the gross wealth and income inequality... ...let us understand that when we stand together, we will always win. — Bernie Sanders
I want to make a positive point of Ikea. It makes income inequality a minor distraction. — Greg Gutfeld
Idiots are always in favour of inequality of income (their only chance of eminence), and the really great in favour of equality. — George Bernard Shaw
How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points? This is a case of exclusion. — Pope Francis
Employers able to work together with workers and sharing gains and profits will lead to a much better world, getting away from income inequality. — Dolores Huerta
The only inequalities that matter begin in the mind. It is not income levels but differences in mental equipment that keep people apart, breed feelings of inferiority. — Jacquetta Hawkes
Let there be no mistake, Sen Sanders, his campaign and the vigorous debate that we've had about how to raise incomes, how to reduce inequality, increase upward mobility, has been very good for the Democratic Party and for America. — Hillary Clinton
It would, I think, be hard for anyone to make the case that the United States is a just society or anything close to a just society. In America today, there is massive injustice in terms of income and wealth inequality. Injustice is rampant. — Bernie Sanders
This is what income inequality means in America, and why the gap between the very rich and everyone else is growing wider. According to a recent study, CEO pay is now 295 times more than the pay of a typical worker. In 1965, the differential was 20 times. We must create an economy that works for all, not just the top 1%. — Bernie Sanders
The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California. — Alice Rivlin
On inequality, I contend that far too much of the nation's wealth and income is gravitating to too few. This undermines the democracy we all cherish and the overall social cohesion necessary to maintain our wonderfully successful society. — James Stone
Income inequality matters more on a day-to-day basis. Wealth matters more for political influence. — Thomas Pogge
Income inequality and wage stagnation finally took their place among the principal moral issues of our time. — David Rolf
Today, the United States is No. 1 in corporate profits, No. 1 in CEO salaries, No. 1 in childhood poverty and No. 1 in income and wealth inequality in the industrialized world. — Bernie Sanders
I'm 40 years old. What I have seen my whole life is widening income inequality. — Robert Reich
Conventional wisdom on government's role in inequality often has it backwards. Tax reforms have resulted in a more progressive federal income tax; government transfer payments have become less progressive. — Paul Ryan
The decision is I'm going to do everything I can to fight for the working class of this country, the low-income people against income and wealth inequality, do everything we can about climate change. — Bernie Sanders
A holistic solution to income inequality is going to take a lot of work, but every time you prove that one of the strands is achievable and that it has a positive impact on people's lives you take another step towards proving the bigger theory of the case. — Bill de Blasio
In a world of massive wealth and income inequality, Europe must support Greece’s efforts to build an economy which creates more jobs and income, not more unemployment and suffering. — Bernie Sanders
The rich believe that they're different and that it is their right to pay a much lower tax rate. The response that you see from people on Wall Street, their dismissal and their almost contempt for the concerns about their culpability in the financial crisis, about the income inequality, shows that they are completely out of touch. — Robin Wells
The weak economy, widening income inequality, gridlock in Congress and a presidential election: Those were perhaps the dominant economic and political themes of 2012. — Steven Rattner
We cannot live without trade. A society can neither advance nor improve without excess of disposable income. This excess can only be amassed through the production of goods and services necessary or attractive to the mass. A financial system which allows this leads to inequality; one that does not leads to mass starvation. — David Mamet
If, for example, each of us had the same share of capital in the national total capital, then if the share of capital goes up it's not a problem, because you get as much as I do. The problem is that capital in capitalist countries is very heavily concentrated, especially financial capital. So then if the share of income from that source goes up, that actually exacerbates inequality. — Branko Milanovic
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