Our modern democratic ideal is based on the hope that inequalities will be based on merit more than inheritance or luck.

Wealth is so concentrated that a large segment of society is virtually unaware of its existence.

At the heart of every major political upheaval lies a fiscal revolution.

It's important to realize that innovation and growth in itself are not sufficient to moderate inequality of wealth.

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.

Over a long period of time, the main force in favor of greater equality has been the diffusion of knowledge and skills.

It's not Utopian to believe that we can create a global registry of financial assets so we know who owns what in different countries.