“When it comes to decreasing inequalities of wealth for good or reducing unusually high levels of public debt, a progressive tax on capital is generally a better tool than inflation.”
― Capital in the Twenty-First Century
― Capital in the Twenty-First Century
“Stuff your eyes with wonder. Live as if you'd drop dead in ten seconds. See the world. It's more fantastic than any dream made or paid for in factories. Ask no guarantees, ask for no security, there never was such an animal. And if there were, it would be related to the great sloth which hangs upside down in a tree all day every day, sleeping its life away. To hell with that . Shake the tree and knock the great sloth down on his ass.”
― Fahrenheit 451
― Fahrenheit 451
“...some men aren't looking for anything logical, like money. They can't be bought, bullied, reasoned, or negotiated with. Some men just want to watch the world burn.”
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“Contrary to a tenacious myth, France is not owned by California pension funds or the Bank of China, any more than the United States belongs to Japanese and German investors. The fear of getting into such a predicament is so strong today that fantasy often outstrips reality. The reality is that inequality with respect to capital is a far greater domestic issue than it is an international one.”
― Capital in the Twenty-First Century
― Capital in the Twenty-First Century
“The right solution is a progressive annual tax on capital. This will make it possible to avoid an endless inegalitarian spiral while preserving competition and incentives for new instances of primitive accumulation.”
― Capital in the Twenty-First Century
― Capital in the Twenty-First Century
Dave’s 2025 Year in Books
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