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The problem posed by this use of the word “rent” is very simple: the fact
that capital yields income, which in accordance with the original meaning of
the word we refer to in this book as “annual rent produced by capital,” has
absolutely nothing to do with the problem of imperfect competition or…

[...] In the United States in recent years, one frequently has heard this type of justification for the stratospheric pay of supermanagers (50– 100 times average income, if not more). Proponents of such high pay argued that without it, only the heirs of large fortunes would be able to achieve true …

largely responsible for the vertiginous increase in the top centile’s share of wealth in Britain and France during the Belle Époque.