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As recognized since ancient times, the coexistence of very rich and very poor leads to two possibilities, neither a happy one. The rich can rule alone, disenfranchising or even enslaving the poor, or the poor can rise up and confiscate the wealth of the rich.
Angus Deaton
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"As recognized since ancient times, the coexistence of very rich and very poor leads to two possibilities, neither a happy one. The rich can rule alone, disenfranchising or even enslaving the poor, or the poor can rise up and confiscate the wealth of the rich."
— Angus Deaton #moneywealth

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As recognized since ancient times, the coexistence of very rich and very poor leads to two possibilities, neither a happy one. The rich can rule alone, disenfranchising or even enslaving the poor, or the poor can rise up and confiscate the wealth of the rich. — Angus Deaton

About Angus Deaton

Angus Deaton was a Economist from United Kingdom (1945–present).

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Frequently Asked Questions

Who said "As recognized since ancient times, the coexistence of very rich and very poor l…"?
This quote is attributed to Angus Deaton, a Economist from United Kingdom.
When did Angus Deaton live?
Angus Deaton lived from 1945 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.