Thomas Piketty Quotes
I think inequality is fine, as long as it is in the common interest. The problem is when it gets so extreme, when it becomes excessive.
Piketty, Thomas. Interview. The Guardian, 2014.
AI Explanation: This is a famous philosophical observation attributed to the early Christian author Lactantius. It suggests that true poverty isn't about a lack of material wealth, but rather being denied fairness, equality, or your rightful claims.
Explanation for his assassination of President William McKinley:
The debate about equality and meritocracy often hinges on whether equality in a democracy is equality of results or equality of opportunity.
This important statement would not have been a noteworthy quote as so many have said it before, except for the fact that she was writing as a spokesperson of Nationalist China and she was the wife of the Nationalist Party leader, Chiang Kai-Shek. And the great failure of Chiang’s governance was the corruption and the excessive exploitation of the Chinese people by the wealthy. Madame Chaing, educated at Vassar College, knew just what to say to Americans and she mustered incredible support for the Nationalist cause most of which would never have been forthcoming if Americans knew the truth about the Nationalist Government. It was so corrupt, that the vast majority of the people aided the Communists in defeating Chaing, expelling him from the mainland, and relegating his government to Taiwan. Madame Chaing’s hypocrisy was legend. See {615696}.
The crisis of inequality of income and wealth has occurred seven times in American history.
Thomas Piketty is a French economist who is Professor of Economics at the School for Advanced Studies in the Social Sciences (French: École des hautes études en sciences sociales: EHESS), Associate Chair at the Paris School of Economics and Centennial Professor of Economics in the International Inequalities Institute at the London School of Economics.