Business & Economics

Plutocrats

The Rise of the New Global Super-Rich and the Fall of Everyone Else

Author: Chrystia Freeland

Publisher: Penguin

ISBN: 1101595949

Category: Business & Economics

Page: 352

View: 8694

A Financial Times Best Book of the Year Shortlisted for the Lionel Gelber Prize There has always been some gap between rich and poor in this country, but recently what it means to be rich has changed dramatically. Forget the 1 percent—Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at breakneck speed. Most of these new fortunes are not inherited, amassed instead by perceptive businesspeople who see themselves as deserving victors in a cutthroat international competition. With empathy and intelligence, Plutocrats reveals the consequences of concentrating the world’s wealth into fewer and fewer hands. Propelled by fascinating original interviews with the plutocrats themselves, Plutocrats is a tour de force of social and economic history, the definitive examination of inequality in our time.
Poor

Plutocrats

The Rise of the New Global Super-Rich and the Fall of Everyone Else

Author: Chrystia Freeland

Publisher: Anchor Canada

ISBN: 9780385669733

Category: Poor

Page: 352

View: 8161

In the last few decades what it means to be rich has changed dramatically. Forget the 1%; it's the wealthiest .01% who are fast outpacing the rest of us. Today's colossal fortunes are amassed by the diligent toiling of smart, perceptive businessmen who see themselves as deserving victors in a cutthroat international competition. Cracking open this tight-knit world is Chrystia Freeland, an acclaimed business journalist. At ease in Davos or Dubai, Freeland has reported on the lives and minds of these new super-elites for nearly decade. Grounding her interviews in the economics and history of modern capitalism, she provides examples of the new wealth and its consequences. She showcases the $3 million birthday party of a New York financier months before the financial meltdown; details the closed-door 2005 SEC meeting where the US government allowed investment banks to write their own regulatory laws; and tells how the Bank of Canada's Mark Carney became a key figure in the central battle between the plutocracy and the rest of us.
Business & Economics

Plutocrats

The Rise of the New Global Super-Rich

Author: Chrystia Freeland

Publisher: Penguin UK

ISBN: 0141929901

Category: Business & Economics

Page: 352

View: 4432

Forget the 1% - it's time to get to grips with the 0.1% ... There has always been some gap between rich and poor, but it has never been wider - and now the rich are getting wealthier at such breakneck speed that the middle classes are being squeezed out. While the wealthiest 10% of Americans, for example, receive half the nation's income, the real money flows even higher up, in the top 0.1%. As a transglobal class of highly successful professionals, these self-made oligarchs often have more in common with one another than with their own countrymen. But how is this happening, and who are the people making it happen? Chrystia Freeland, acclaimed business journalist and Global Editor-at-Large of Reuters, has unprecedented access to the richest and most successful people on the planet, from Davos to Dubai, and dissects their lives with intelligence, empathy and objectivity. Pacily written and powerfully researched, Plutocrats could not provide a more timely insight into the current state of Capitalism and its most wealthy players. 'A superb piece of reportage ... a tremendous illumination' (New Statesman on Freeland's previous title, Sale of the Century)
Business & Economics

Plutocrats

The New Golden Age

Author: Chrystia Freeland

Publisher: Doubleday Canada

ISBN: 0385669720

Category: Business & Economics

Page: 368

View: 6390

In the last few decades what it means to be rich has changed dramatically. Forget the 1%; it's the wealthiest .01% who are fast outpacing the rest of us. Today's colossal fortunes are amassed by the diligent toiling of smart, perceptive businessmen who see themselves as deserving victors in a cutthroat international competition. Cracking open this tight-knit world is Chrystia Freeland, an acclaimed business journalist. At ease in Davos or Dubai, Freeland has reported on the lives and minds of these new super-elites for nearly a decade. Grounding her interviews in the economics and history of modern capitalism, she provides examples of the new wealth and its consequences. She showcases the $3 million birthday party of a New York financier months before the financial meltdown; details the closed-door 2005 SEC meeting where the US government allowed investment banks to write their own regulatory laws; and tells how the Bank of Canada's Mark Carney became a key figure in the central battle between the plutocracy and the rest of us. Brightly written and powerfully researched, Freeland's Plutocrats will be a lightning rod event in the midst of the US election season.
Social Science

The Ideas Industry

Author: Daniel Drezner

Publisher: Oxford University Press

ISBN: 0190264624

Category: Social Science

Page: 240

View: 9168

The public intellectual, as a person and ideal, has a long and storied history. Writing in venues like the New Republic and Commentary, such intellectuals were always expected to opine on a broad array of topics, from foreign policy to literature to economics. Yet in recent years a new kind of thinker has supplanted that archetype: the thought leader. Equipped with one big idea, thought leaders focus their energies on TED talks rather than highbrow periodicals. How did this shift happen? In The Ideas Industry, Daniel W. Drezner points to the roles of political polarization, heightened inequality, and eroding trust in authority as ushering in the change. In contrast to public intellectuals, thought leaders gain fame as single-idea merchants. Their ideas are often laudable and highly ambitious: ending global poverty by 2025, for example. But instead of a class composed of university professors and freelance intellectuals debating in highbrow magazines, thought leaders often work through institutions that are closed to the public. They are more immune to criticism--and in this century, the criticism of public intellectuals also counts for less. Three equally important factors that have reshaped the world of ideas have been waning trust in expertise, increasing political polarization and plutocracy. The erosion of trust has lowered the barriers to entry in the marketplace of ideas. Thought leaders don't need doctorates or fellowships to advance their arguments. Polarization is hardly a new phenomenon in the world of ideas, but in contrast to their predecessors, today's intellectuals are more likely to enjoy the support of ideologically friendly private funders and be housed in ideologically-driven think tanks. Increasing inequality as a key driver of this shift: more than ever before, contemporary plutocrats fund intellectuals and idea factories that generate arguments that align with their own. But, while there are certainly some downsides to the contemporary ideas industry, Drezner argues that it is very good at broadcasting ideas widely and reaching large audiences of people hungry for new thinking. Both fair-minded and trenchant, The Ideas Industry will reshape our understanding of contemporary public intellectual life in America and the West.
Business & Economics

Plutocracy in America

How Increasing Inequality Destroys the Middle Class and Exploits the Poor

Author: Ronald P. Formisano

Publisher: JHU Press

ISBN: 1421417405

Category: Business & Economics

Page: 272

View: 9410

The growing gap between the most affluent Americans and the rest of society is changing the country into one defined—more than almost any other developed nation—by exceptional inequality of income, wealth, and opportunity. This book reveals that an infrastructure of inequality, both open and hidden, obstructs the great majority in pursuing happiness, living healthy lives, and exercising basic rights. A government dominated by finance, corporate interests, and the wealthy has undermined democracy, stunted social mobility, and changed the character of the nation. In this tough-minded dissection of the gulf between the super-rich and the working and middle classes, Ronald P. Formisano explores how the dramatic rise of income inequality over the past four decades has transformed America from a land of democratic promise into one of diminished opportunity. Since the 1970s, government policies have contributed to the flow of wealth to the top income strata. The United States now is more a plutocracy than a democracy. Formisano surveys the widening circle of inequality’s effects, the exploitation of the poor and the middle class, and the new ways that predators take money out of Americans’ pockets while passive federal and state governments stand by. This data-driven book offers insight into the fallacy of widespread opportunity, the fate of the middle class, and the mechanisms that perpetuate income disparity.
Political Science

Social Inequality, Economic Decline, and Plutocracy

An American Crisis

Author: Dale L. Johnson

Publisher: Springer

ISBN: 3319490435

Category: Political Science

Page: 276

View: 2899

This book aims to further an understanding of present day America by exploring counter-hegemony to the rule of capital and offering guidelines for strategizing change proceeding from the dialectic of What Is and What Ought to Be. The author analyzes neoliberal global order and its political expressions through discussions of the dominance of finance capital in the late twentieth century, the triumph of ideology, the closing of avenues to reform, the problem of the captive state, and a sociological analysis of rule by “divide and conquer.” The book concludes with a look at the history of movement politics in culture, arts, economics, and politics. It resounds with a hope that challenges to hegemony can use many paths to change, of which the electoral path is but one of many fronts, in the long-term struggle for radical reform.

Plutocrats United

Campaign Money, the Supreme Court, and the Distortion of American Elections

Author: Richard L. Hasen

Publisher: Yale University Press

ISBN: 0300212453

Category:

Page: 256

View: 8363

From a leading expert on election law, a compelling answer to the dilemmas of campaign finance reform
History

American Monsters

Forty-four Rats, Blackhats and Plutocrats

Author: Jack Newfield,Mark Jacobson

Publisher: Basic Books

ISBN: 9781560255543

Category: History

Page: 377

View: 954

With specially commissioned essays by veteran chroniclers such as Pete Hamill and Jimmy Breslin, this collection spotlights 40 profiles of history's most celebrated and notorious Americans: the corrupt, greedy, power-mad, and vicious betrayers of the dreams of fair play and equal opportunity.
Bankers

Plutocrats

A Rothschild Inheritance

Author: George Ireland

Publisher: John Murray Publishers

ISBN: 9780719565588

Category: Bankers

Page: 432

View: 1156

When the German-Jewish Rothschild family founded a chain of banks in Frankfurt, London, Paris, Vienna and Naples, it made them the world's richest in the 19th century. Lionel, Anthony, Nathaniel and Mayer were the first British-born members of this incredible family; this is the story of their triumph over prejudice and bigotry to become the first Jews accepted into the upper echelons of English and European society. Numbering among their friends Gladstone, Disraeli, Browning, Tennyson and Dickens, they lived in a style surpassing that of even today's richest. Written with the co-operation of the family and unique access to previously unseen archives, this biography reveals the intimate lives, lifestyles and difficulties of this most fascinating of families whose name remains a byword for wealth.
Political Science

Regional Integration

Choosing Plutocracy

Author: K. Hancock

Publisher: Springer

ISBN: 0230101917

Category: Political Science

Page: 250

View: 6098

Hancock argues that there are three governance structures states can use when designing integration accords: plutocratic, supranational and intergovernmental. The first, in which states delegate to a wealthy state, has been largely ignored by scholars yet is both a logical choice and one that several states have chosen over the last 200 years.
Business & Economics

Sale of the Century

Russia's Wild Ride from Communism to Capitalism

Author: Chrystia Freeland

Publisher: Crown

ISBN: N.A

Category: Business & Economics

Page: 389

View: 6833

Contains a chronology of events from 1991 to 2000 and a list of important personalities arranged by political and economic beliefs.
Political Science

The Rich Don't Always Win

The Forgotten Triumph over Plutocracy that Created the American Middle Class,1900-1970

Author: Sam Pizzigati

Publisher: Seven Stories Press

ISBN: 160980435X

Category: Political Science

Page: 384

View: 945

The Occupy Wall Street protests have captured America's political imagination. Polls show that two-thirds of the nation now believe that America's enormous wealth ought to be "distributed more evenly." However, almost as many Americans--well over half--feel the protests will ultimately have "little impact" on inequality in America. What explains this disconnect? Most Americans have resigned themselves to believing that the rich simply always get their way. Except they don't. A century ago, the United States hosted a super-rich even more domineering than ours today. Yet fifty years later, that super-rich had almost entirely disappeared. Their majestic mansions and estates had become museums and college campuses, and America had become a vibrant, mass middle class nation, the first and finest the world had ever seen. Americans today ought to be taking no small inspiration from this stunning change. After all, if our forbears successfully beat back grand fortune, why can't we? But this transformation is inspiring virtually no one. Why? Because the story behind it has remained almost totally unknown, until now. This lively popular history will speak directly to the political hopelessness so many Americans feel. By tracing how average Americans took down plutocracy over the first half of the 20th Century--and how plutocracy came back-- The Rich Don't Always Win will outfit Occupy Wall Street America with a deeper understanding of what we need to do to get the United States back on track to the American dream.
History

More Powerful Than Dynamite

Radicals, Plutocrats, Progressives, and New York's Year of Anarchy

Author: Thai Jones

Publisher: Bloomsbury Publishing USA

ISBN: 1620405180

Category: History

Page: 416

View: 2582

'An engrossing account of the events of 1914' - Sam Roberts, The New York Times
Political Science

Dark Money

The Hidden History of the Billionaires Behind the Rise of the Radical Right

Author: Jane Mayer

Publisher: Anchor Books

ISBN: 0307947904

Category: Political Science

Page: 576

View: 5891

Why is America living in an age of profound economic inequality? Why, despite the desperate need to address climate change, have even modest environmental efforts been defeated again and again? Why have protections for employees been decimated? Why do hedge-fund billionaires pay a far lower tax rate than middle-class workers? --Publisher.
Business & Economics

Global Inequality

Author: Branko Milanovic

Publisher: Harvard University Press

ISBN: 0674969766

Category: Business & Economics

Page: 311

View: 1386

Branko Milanovic presents a bold account of the dynamics that drive inequality on a global scale. Using vast data sets, he explains the forces that make inequality rise and fall within and among nations over time. He reveals who has been helped by globalization, who has been hurt, andwhat policies might tilt the balance toward economic justice.
Political Science

Big Money

2.5 Billion Dollars, One Suspicious Vehicle, and a PimpÑon the Trail of the Ultra-Rich Hijacking American Politics

Author: Kenneth Vogel

Publisher: PublicAffairs

ISBN: 1610393384

Category: Political Science

Page: 320

View: 4931

Mark Hanna—the turn-of-the-century iron-and-coal-magnate-turned-operative who leveraged massive contributions from the robber barons—was famously quoted as saying: “There are two things that are important in politics. The first is money, and I can’t remember what the second one is.” To an extent that would have made Hanna blush, a series of developments capped by the Supreme Court’s 2010 Citizens United decision effectively crowned a bunch of billionaires and their operatives the new kings of politics. Big Money is a rollicking tour of a new political world dramatically reordered by ever-larger flows of cash. Ken Vogel has breezed into secret gatherings of big-spending Republicans and Democrats alike—from California poolsides to DC hotel bars—to brilliantly expose the way the mega-money men (and rather fewer women) are dominating the new political landscape. Great wealth seems to attach itself to outsize characters. From the casino magnate Sheldon Adelson to the bubbling nouveau cowboy Foster Friess; from the Texas trial lawyer couple, Amber and Steve Mostyn, to the micromanaging Hollywood executive Jeffrey Katzenberg—the multimillionaires and billionaires are swaggering up to the tables for the hottest new game in politics. The prize is American democracy, and the players’ checks keep getting bigger.
Fiction

Carnegie's Maid

A Novel

Author: Marie Benedict

Publisher: Sourcebooks, Inc.

ISBN: 1492646628

Category: Fiction

Page: 288

View: 6832

The USA Today Bestseller From the author of The Other Einstein comes the mesmerizing tale of what kind of woman could have inspired an American dynasty. Clara Kelley is not who they think she is. She's not the experienced Irish maid who was hired to work in one of Pittsburgh's grandest households. She's a poor farmer's daughter with nowhere to go and nothing in her pockets. But the other woman with the same name has vanished, and pretending to be her just might get Clara some money to send back home. If she can keep up the ruse, that is. Serving as a lady's maid in the household of Andrew Carnegie requires skills she doesn't have, answering to an icy mistress who rules her sons and her domain with an iron fist. What Clara does have is a resolve as strong as the steel Pittsburgh is becoming famous for, coupled with an uncanny understanding of business, and Andrew begins to rely on her. But Clara can't let her guard down, not even when Andrew becomes something more than an employer. Revealing her past might ruin her future — and her family's. With captivating insight and heart, Carnegie's Maid tells the story of one brilliant woman who may have spurred Andrew Carnegie's transformation from ruthless industrialist into the world's first true philanthropist.
Political Science

Rich People Things

Author: Chris Lehmann

Publisher: Haymarket Books

ISBN: 1608461521

Category: Political Science

Page: 247

View: 5316

Keeping up with the American elite can be tiring. This is the layman's guide to how the wealthy maintain control.
Biography & Autobiography

The Rise of the Plutocrats

Wealth and Power in Edwardian England

Author: Jamie Camplin

Publisher: Constable Limited

ISBN: N.A

Category: Biography & Autobiography

Page: 340

View: 6205