I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people.
Thomas PikettyWhen 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 PikettyWithout precisely defined sources, methods, and concepts, it is possible to see absolutely everything and its opposite.
Thomas Piketty