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“Le spectacle est le mauvais rêve de la société moderne enchaînée, qui n'exprime finalement que son désir de dormir. Le spectacle est le gardien de ce sommeil.”
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“Le tourisme, se ramène fondamentalement au loisir d'aller voir ce qui est devenu banal.”
― The Society of the Spectacle
― The Society of the Spectacle
“The sharp reduction in income inequality that we observe in almost all the rich countries between 1914 and 1945 was due above all to the world wars and the violent economic and political shocks they entailed (especially for people with large fortunes). It had little to do with the tranquil process of intersectoral mobility described by Kuznets.”
― Capital in the Twenty-First Century
― Capital in the Twenty-First Century
“There is one great advantage to being an academic economist in France: here, economists are not highly respected in the academic and intellectual world or by political and financial elites. Hence they must set aside their contempt for other disciplines and their absurd claim to greater scientific legitimacy, despite the fact that they know almost nothing about anything.”
― Capital in the Twenty-First Century
― Capital in the Twenty-First Century
“the decrease in the top marginal income tax rate led to an explosion of very high incomes, which then increased the political influence of the beneficiaries of the change in the tax laws, who had an interest in keeping top tax rates low or even decreasing them further and who could use their windfall to finance political parties, pressure groups, and think tanks.”
― Capital in the Twenty-First Century
― Capital in the Twenty-First Century
Flo’s 2024 Year in Books
Take a look at Flo’s Year in Books, including some fun facts about their reading.
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