“When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.”
Source: Capital in the Twenty-First Century (2013), p. 1.
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Thomas Piketty 24
French economist 1971Related quotes

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"Higher Taxes on Top 1% Equals Higher Productivity", Video Interview (13:28), The Real News Network (TRNN) http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=6000 (January 1, 2011)

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“When the rate of change outside exceeds the rate of change inside, the end is in sight.”
Variant: If the rate of change on the outside exceeds the rate of change on the inside, the end is near.