(?)
Quotes are added by the Goodreads community and are not verified by Goodreads. (Learn more)
Thomas Piketty

“In countries where income from labor is most equally distributed, such as the Scandinavian countries between 1970 and 1990, the top 10 percent of earners receive about 20 percent of total wages and the bottom 50 percent about 35 percent. In countries where wage inequality is average, including most European countries (such as France and Germany) today, the first group claims 25–30 percent of total wages, and the second around 30 percent. And in the most inegalitarian countries, such as the United States in the early 2010s (where, as will emerge later, income from labor is about as unequally distributed as has ever been observed anywhere), the top decile gets 35 percent of the total, whereas the bottom half gets only 25 percent.”

Thomas Piketty, Capital in the Twenty-First Century
Read more quotes from Thomas Piketty


Share this quote:
Share on Twitter

Friends Who Liked This Quote

To see what your friends thought of this quote, please sign up!

1 like
All Members Who Liked This Quote



This Quote Is From

Capital in the Twenty-First Century Capital in the Twenty-First Century by Thomas Piketty
34,184 ratings, average rating, 2,748 reviews
Open Preview

Browse By Tag