“Because [Jeff Bezos] and [Mark Zuckerberg] own $100 billion in the current state of the legal system, the current state of the fiscal system, the current way the international economy is organised, people say, ‘OK, $100 billion, exactly the right level.’ But with a different legal system, different international taxation, it could be 200, it could be 50. So what would be the story? Any level that they will attain, it will be the best? This kind of sacralisation of special individuals is a form of religious thought. People who use this kind of argument: ‘He's great, therefore –‘ therefore what? Therefore we should subsidize him so that he's even richer?”
Quote by Thomas Piketty
Author
Thomas Piketty
Thomas Piketty is a renowned French economist born on May 7, 1971. His research focuses on income and wealth inequality, economic growth, and capital accumulation. Piketty is known for his in-depth studies on inequality and his influential book 'Capital in the Twenty-First Century' has had a global impact. more
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