“The tragedy is that Trump’s program will only strengthen the trend towards inequality.”
We must rethink globalization, or Trumpism will prevail (16 November 2016)
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Thomas Piketty24
French economist 1971Related quotes
Barack Obama (1961) 44th President of the United States of America
2013, Remarks on Economic Mobility (December 2013)
Context: So let me repeat: The combined trends of increased inequality and decreasing mobility pose a fundamental threat to the American Dream, our way of life, and what we stand for around the globe. And it is not simply a moral claim that I’m making here. There are practical consequences to rising inequality and reduced mobility. For one thing, these trends are bad for our economy. One study finds that growth is more fragile and recessions are more frequent in countries with greater inequality. And that makes sense. When families have less to spend, that means businesses have fewer customers, and households rack up greater mortgage and credit card debt; meanwhile, concentrated wealth at the top is less likely to result in the kind of broadly based consumer spending that drives our economy, and together with lax regulation, may contribute to risky speculative bubbles.
John Feffer (1963) American foreign policy writer
Trumpism is here to stay: America’s neo-fascist fever dream has only just begun (2016)
Herbert Schiller (1919–2000) American media critic
Source: Living In The Number One Country (2000), Chapter One, Number One And the Political Economy Of Communication, p. 56
Thomas Piketty (1971) French economist
We must rethink globalization, or Trumpism will prevail (16 November 2016)
Vladimir Lenin (1870–1924) Russian politician, led the October Revolution
Collected Works, Vol. 23, pp. 28–76.
Collected Works
Stephen Hawking (1942–2018) British theoretical physicist, cosmologist, and author
"Science AMA Series: Stephen Hawking AMA Answers!", reddit.com (8 October 2015) https://www.reddit.com/r/science/comments/3nyn5i/science_ama_series_stephen_hawking_ama_answers/cvsdmkv/; also quoted in "Stephen Hawking Says We Should Really Be Scared Of Capitalism, Not Robots" Huffington Post (8 October 2015) http://www.huffingtonpost.com/entry/stephen-hawking-capitalism-robots_us_5616c20ce4b0dbb8000d9f15
Joe Biden (1942) 47th Vice President of the United States (in office from 2009 to 2017)
2022, June 2022, Remarks by President Biden at the Inaugural Ceremony of the Ninth Summit of the Americas