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“... superiority that commands prestige, and abilities of which society cannot sanely deprive itself.Thomas Piketty quotes Boutmy’s proposition in Capital in the 21st Century (2013), the bestseller that made him a household name among today’s intellectual and business elite. According to Piketty – and it is hard to ...”

“... feels ‘rigged’. The scholar who spoke most successfully to this indignation was the economist Thomas Piketty, whose Capital in the 21st Century (2013) used tax data and other archival sources to demonstrate that rising inequality has been a basic tendency of capitalist societies for at least two hundred years.* The reason for this, simply put, is ...”

“... of our fellow citizens are falling farther and farther behind.’ Who said this? Jeremy Corbyn? Thomas Piketty? In fact it was Nick Hanauer, an American entrepreneur and multibillionaire, who in a TED talk in 2014 confessed to living a life that the rest of us ‘can’t even imagine’. Hanauer doesn’t believe he’s particularly talented or ...”

“... watching the host culture with a wary eye, and listening to what it says about events in the UK. Thomas Piketty wrote in his blog for Le Monde that Brexit was a moment of ‘collective unreason’, ‘profoundly nihilistic and irrational’, but no surprise: the EU’s liberal market policies have only magnified the effects of globalisation on powerless ...”

“... and comparatively richer in recent decades has been evidenced in great statistical detail by Thomas Piketty in Capital in the 21st Century. While the two world wars and the world depression of the first half of the 20th century entailed a massive destruction of accumulated wealth which, however catastrophic, did reduce inequality, the postwar peace ...”

“... in which we live’. (The other – not unrelated – was the failure to achieve full employment.) Thomas Piketty’s Capital in the 21st Century is an intelligent, ambitious and above all informative treatment of the problem. This accounts for much of the unusual excitement surrounding a lengthy, often dry economic tract. But there’s something else to ...”

“... own it see their wealth soar, leaving behind those who don’t own property, or own it elsewhere. Thomas Piketty argued that we live in a world where returns from capital are greater than overall economic growth, but beneath the economic formulas is a pretty familiar phenomenon. Most of us who own a nice house in London, New York or Paris earn more from ...”

“... expatriated billions, both legally and illegally. Gustafson cites a 2017 study by Filip Novokmet, Thomas Piketty and Gabriel Zucman which found that ‘the wealth held offshore by rich Russians is about three times larger than official net foreign reserves.’ (This explains why Cyprus is the top destination for Russian foreign investment: in 2021 the ...”

“... they protect, it could be a forerunner to the far more radical global tax on capital proposed by Thomas Piketty as a way to ease the extremes of inequality built into the capitalist system. The idea goes back at least to Keynes. But the fact modern supporters chose to name it after the legendary hero of Sherwood Forest is a marker of how popular ...”

“... the bestseller list on both sides of the Atlantic. (In the US, it has only just been displaced, by Thomas Piketty’s Capital in the 21st Century. Truly, we live in interesting times.) In the week of publication, inquiries into high-frequency trading were announced by the US Justice Department, the FBI, the Securities and Exchange Commission, the New York ...”

“... After 600-plus pages documenting the maldistribution of wealth in Capital in the 21st Century, Thomas Piketty still couldn’t bring himself to mention labour organising as an antidote. Anything rather than confront power relations directly. A focus on exploitation confronts power relations by returning us to the workplace, where so much inequality is ...”

“... that offset other social security benefits, seemed to rule out large numbers of contributors. Thomas Piketty has suggested that fewer than 3 per cent of citizens would qualify. Before long you start to worry that your reckoning of your own pension entitlements and everyone else’s might be based on a mistake, or bad signage by the government and ...”

“... chose Remain in 2016, while 70 per cent of those who left school at 16 or younger voted Leave. As Thomas Piketty shows in his new book, Capital and Ideology, parties of the working class have been gradually morphing into parties of the educated all over the world, a shift that began around 1990.* But the expansion of higher education over the same period ...”

“... distance from Keynes himself, modern day economists of a reformist disposition, such as Thomas Piketty and Joseph Stiglitz, nonetheless reprise the sensibility typical of Keynesianism. Keynes​ was the paradigm, but was he the first Keynesian? Mann’s answer is bold. If Keynesianism is a constructive liberal response to revolution, a response ...”

“... the basis of statistics but loath to slam ‘facts’ on the table like marked aces: France has a Thomas Piketty but no Malcolm Gladwell. It worries about experiments that naturalise themselves out of business: why go off to live at the edge of a pond, like Thoreau, when you may as well explore the relation of human sociability to nature over a book on ...”