Capitalism Quote by Branko Milanovic

The middle class in the rich countries is where the political game is being played. They are voting in elections in the U.S., U.K.,…

— Branko Milanovic

If we knew what type of jobs would exist in 20 years, we would be quite rich. But we just cannot visualize it.

— Branko Milanovic

Global inequality is such an abstract concept, simply because there is no global government. Telling people in rich countries who have had no increase…

— Branko Milanovic

In the U.S. when people like me started writing things about inequality, the economic journals had no classification for inequality. I couldn't find where…

— Branko Milanovic

While you can say that the problem of the middle class in the rich countries is too much globalization, the problem of the people…

— Branko Milanovic

What is different between national inequality and global inequality is you have another element there that is sometimes forgotten: what matters for global inequality…

— Branko Milanovic

“What determines inequality among individuals within a single nation? Are there certain regularities that make inequality behave in a particular way as societies develop?”

— Branko Milanović

Most people believe that inequality is rising - and indeed it has been rising for a while in a number of rich countries. And…

— Branko Milanovic

People in the rich countries who have done very well, who are at the top of the income pyramid, try to steamroll over the…

— Branko Milanovic

When the industrial revolution happened there was the Luddistic movement, and there was a fear that machinery would replace all the labor. Whenever we…

— Branko Milanovic

If, for example, each of us had the same share of capital in the national total capital, then if the share of capital goes…

— Branko Milanovic

Even if parties associated with right wing populism don't win, they push other parties, the centrist parties, towards their position. So they do have…

— Branko Milanovic