plutocrats the rise of the new global super rich and the fall of everyone else

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Plutocrats

Author : Chrystia Freeland
ISBN : 9781101595947
Genre : Business & Economics
File Size : 32. 42 MB
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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.

Plutocrats

Author : Chrystia Freeland
ISBN : 9781846142529
Genre : Capitalism
File Size : 22. 47 MB
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Forget the 1 per cent: it's time to focus on the wealthiest 0.1 per cent who are outpacing the rest of use at breakneck speed. There has always been a gap between rich and poor, but over the last few decades what it means to be rich has changed dramatically. What's changed is more than numbers. Instead of inheritance, today's colossal fortunes have been amassed by a new transglobal class of self-made oligarchs. But who are they and how did they do it - and as the chasm between the super-rich and everyone else deepens, is there anything we can do about it? Cracking open this tight-knit world is Chrystia Freeland. From Davos to Dubai, she has reported on these new super elites for the last two decade. Grounding her interviews in the economics and history of modern capitalism, Freeland shows us the new wealth and its consequences: whether it's the internal Citigroup memo that urges clients to design portfolios for the international 'Plutonomy' rather than nations, $3,000,000 banker's birthday parties or the extent of the discreet but phenomenal wealth of the 'red oligarchs', China's new ruling political class. A consummate journalist and industry specialist, Chrystia Freeland dissects the lives of the world's wealthiest individuals with intelligence, realism and deep insight. Alarmingly insightful and refreshingly non-partisan, Plutocrats is the missing piece in our political conversation.

Sale Of The Century

Author : Chrystia Freeland
ISBN : STANFORD:36105028516495
Genre : Business & Economics
File Size : 39. 67 MB
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Contains a chronology of events from 1991 to 2000 and a list of important personalities arranged by political and economic beliefs.

The Post Widget Society

Author : Lawrence H. Summers
ISBN : 0374115656
Genre : Business & Economics
File Size : 75. 56 MB
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Lawrence H. Summers presents a new paradigm for thinking about the current economic and technological revolution We are buffeted by the sense that everything is accelerating: digital technology is changing the way we work, shop, and socialize. And yet for all the talk about disruptive innovations, economic growth is largely stagnant. We are told that with new technologies average citizens are empowered as never before, and yet wide swaths of the population feel powerless and can no longer count on stable careers and a better life for their children. As Lawrence H. Summers shows in The Post-Widget Society, these are the paradoxes that define the economic revolution that is transforming our world. At the heart of this revolution are two dramatic developments in Western economies: the declining significance of widgets (mass-produced goods) and the rise of design goods (products that cost a lot to design but little to produce); and the controversial prospect of secular stagnation, the long-term phenomenon of negligible economic growth and depressed employment in a dynamic market economy. Written with Chrystia Freeland, Summers’s trenchant analysis of these trends reveals that they have profound implications not only for the future of jobs and widening income inequality but also for the nature of the state and the very stability of society. A bold, path-breaking book by one of our most important economists, The Post-Widget Society is necessary reading for every American concerned about our economic and political future.

Winner Take All Politics

Author : Jacob S. Hacker
ISBN : 9781416593843
Genre : Political Science
File Size : 50. 97 MB
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A groundbreaking work that identifies the real culprit behind one of the great economic crimes of our time— the growing inequality of incomes between the vast majority of Americans and the richest of the rich. We all know that the very rich have gotten a lot richer these past few decades while most Americans haven’t. In fact, the exorbitantly paid have continued to thrive during the current economic crisis, even as the rest of Americans have continued to fall behind. Why do the “haveit- alls” have so much more? And how have they managed to restructure the economy to reap the lion’s share of the gains and shift the costs of their new economic playground downward, tearing new holes in the safety net and saddling all of us with increased debt and risk? Lots of so-called experts claim to have solved this great mystery, but no one has really gotten to the bottom of it—until now. In their lively and provocative Winner-Take-All Politics, renowned political scientists Jacob S. Hacker and Paul Pierson demonstrate convincingly that the usual suspects—foreign trade and financial globalization, technological changes in the workplace, increased education at the top—are largely innocent of the charges against them. Instead, they indict an unlikely suspect and take us on an entertaining tour of the mountain of evidence against the culprit. The guilty party is American politics. Runaway inequality and the present economic crisis reflect what government has done to aid the rich and what it has not done to safeguard the interests of the middle class. The winner-take-all economy is primarily a result of winner-take-all politics. In an innovative historical departure, Hacker and Pierson trace the rise of the winner-take-all economy back to the late 1970s when, under a Democratic president and a Democratic Congress, a major transformation of American politics occurred. With big business and conservative ideologues organizing themselves to undo the regulations and progressive tax policies that had helped ensure a fair distribution of economic rewards, deregulation got under way, taxes were cut for the wealthiest, and business decisively defeated labor in Washington. And this transformation continued under Reagan and the Bushes as well as under Clinton, with both parties catering to the interests of those at the very top. Hacker and Pierson’s gripping narration of the epic battles waged during President Obama’s first two years in office reveals an unpleasant but catalyzing truth: winner-take-all politics, while under challenge, is still very much with us. Winner-Take-All Politics—part revelatory history, part political analysis, part intellectual journey— shows how a political system that traditionally has been responsive to the interests of the middle class has been hijacked by the superrich. In doing so, it not only changes how we think about American politics, but also points the way to rebuilding a democracy that serves the interests of the many rather than just those of the wealthy few.

The Philosophy Of Money

Author : Georg Simmel
ISBN : 9781136807329
Genre : Philosophy
File Size : 53. 22 MB
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With a new foreword by Charles Lemert 'Its greatness...lies in ceaseless and varied use of the money form to unearth and conceptually reveal incommensurabilities of all kinds, in social reality fully as much as in thought itself.' - Fredric Jameson In The Philosophy of Money, Georg Simmel puts money on the couch. He provides us with a classic analysis of the social, psychological and philosophical aspects of the money economy, full of brilliant insights into the forms that social relationships take. He analyzes the relationships of money to exchange, human personality, the position of women, and individual freedom. Simmel also offers us prophetic insights into the consequences of the modern money economy and the division of labour, in particular the processes of alienation and reification in work and urban life. An immense and profound piece of work it demands to be read today and for years to come as a stunning account of the meaning, use and culture of money. Georg Simmel (1858-1918) was born in Berlin, the youngest of seven children. He studied philosophy and history at the University of Berlin and was one of the first generation of great German sociologists that included Max Weber.

Why Nations Fail

Author : Daron Acemoglu
ISBN : 9781847654618
Genre : Business & Economics
File Size : 90. 60 MB
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Shortlisted for the Financial Times and Goldman Sachs Business Book of the Year Award 2012. Why are some nations more prosperous than others? Why Nations Fail sets out to answer this question, with a compelling and elegantly argued new theory: that it is not down to climate, geography or culture, but because of institutions. Drawing on an extraordinary range of contemporary and historical examples, from ancient Rome through the Tudors to modern-day China, leading academics Daron Acemoglu and James A. Robinson show that to invest and prosper, people need to know that if they work hard, they can make money and actually keep it - and this means sound institutions that allow virtuous circles of innovation, expansion and peace. Based on fifteen years of research, and answering the competing arguments of authors ranging from Max Weber to Jeffrey Sachs and Jared Diamond, Acemoglu and Robinson step boldly into the territory of Francis Fukuyama and Ian Morris. They blend economics, politics, history and current affairs to provide a new, powerful and persuasive way of understanding wealth and poverty.

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