What was the good of industrial development, what was the good of all the technological innovations, toil, and population movements if, after half a century of industrial growth, the condition of the masses was still just as miserable as before, and all lawmakers could do was prohibit factory labor by children under the age of eight?
Thomas PikettyIt's important to realize that innovation and growth in itself are not sufficient to moderate inequality of wealth.
Thomas PikettyWe want capitalism and market forces to be the slave of democracy rather than the opposite.
Thomas PikettyThe principal mechanism for convergence at the international as well as the domestic level is the diffusion of knowledge.
Thomas Piketty