High Incomes Quote by Thomas Piketty
““the increase in very high incomes and very high salaries primarily reflects the advent of “supermanagers,” that is, top executives of large firms who have managed to obtain extremely high, historically unprecedented compensation packages for their labor.””
About This Quote
Source Book: Capital and Ideology, Thomas Piketty, 2020
Super‑executives earn unprecedented pay, creating a new class of “supermanagers.”
In simple terms: Top managers receive record salaries.
Key Takeaway
Question extreme executive compensation.
Themes
economics
inequality
corporate governance
Mood
analytical
concerned
Type
economic
critical
When to use this quote
- policy debate
- shareholder meetings
- public discourse
- academic study
Key Concepts
super‑managers
compensation
wealth disparity
Questions to Reflect On
- What drives such compensation?
- How does it affect social equity?
A Different Perspective
High pay may not reflect actual productivity.
