Income Quote by Thomas Piketty
““The best available estimates suggest that global per capita income increased by a factor of more than 10 between 1700 and 2012 (from 70 euros to 760 euros per month) and by a factor of more than 20 in the wealthiest countries (from 100 to 2,500 euros per month).””
About This Quote
Source Book: Capital in the Twenty‑First Century, Thomas Piketty, 2013
Economic growth has dramatically raised average incomes worldwide, yet disparities remain stark.
In simple terms: World wealth has risen sharply.
Recognize progress while addressing inequality.
Themes
Mood
Type
When to use this quote
- policy making
- education
- social justice
Key Concepts
Questions to Reflect On
- What policies can reduce inequality?
- How does rising income affect social cohesion?
Data may overlook regional variations and quality of life factors.