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The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power Highlight
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— Shoshana ZuboffIn Capital in the Twenty-First Century, the French economist Thomas Piketty integrated years of income data to derive a general law of accumulation: the rate of return on capital tends to exceed the rate of economic growth. This tendency, summarized as r > g, is a dynamic that produces ever-more-extreme income divergence and with it a range of antidemocratic social consequences long predicted as harbingers of an eventual crisis of capitalism.
Replicated under Fair Use from The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power by Shoshana Zuboff. (Pg. 43)