Mp.lee

“According to our estimates, the optimal top tax rate in the developed countries is probably above 80 percent.50 Do not be misled by the apparent precision of this estimate: no mathematical formula or econometric estimate can tell us exactly what tax rate ought to be applied to what level of income. Only collective deliberation and democratic experimentation can do that. What is certain, however, is that our estimates pertain to extremely high levels of income, those observed in the top 1 percent or 0.5 percent of the income hierarchy. The evidence suggests that a rate on the order of 80 percent on incomes over $500,000 or $1 million a year not only would not reduce the growth of the US economy but would in fact distribute the fruits of growth more widely while imposing reasonable limits on economically useless (or even harmful) behavior.”
― Thomas Piketty, Capital in the Twenty-First Century

“Capitalists," he argued, "will not agree to any social progress completely eliminating unemployment because such a program would reduce the supply of cheap labor. You will never persuade a capitalist to cause himself losses for the sake of satisfying people's needs.”
― Greg Mitchell, The Campaign of the Century: Upton Sinclair's Race for Governor of California and the Birth of Media Politics

“conception is just the first step. What really matters is execution.”
― Walter Isaacson, The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution