Billionaires: Reflections on the Upper Crust by Darrell M. West

By Darrell M. West

Meet the Billionaires: the 1,645 women and men who regulate an enormous percentage of worldwide resources worthy $6.5 trillion. Darrell West unearths what the opposite 99.99998% people want to know. With wealthy anecdotes and private narratives, West is going contained in the global of the extremely prosperous. Meet U.S. billionaires similar to Sheldon Adelson, Michael Bloomberg, David and Charles Koch, George Soros, Tom Steyer, and Donald Trump—as good as foreign billionaires from worldwide. The becoming political engagement of this small supra-wealthy team increases very important questions about impact, transparency, and executive functionality, and West lays naked the wealthification of politics, together with: • How billionaires can block appointments and laws they don’t like • Why the supra-wealthy moved into coverage advocacy and referenda on the nation point • Why billionaires run for place of work in additional than a dozen nations around the globe

Show description

Read or Download Billionaires: Reflections on the Upper Crust PDF

Similar government & business books

Enterprise Restructuring and Unemployment in Models of Transition

This quantity is the results of a learn software, begun on the global financial institution, that introduced jointly researchers from many backgrounds, together with members from the transition economies. The paintings used to be supported via the realm Bank's learn Committee and by way of the industrial improvement Institute. the implications mentioned the following make clear the standards that confirm the form and speed of the transition from deliberate to marketplace economies.

OECD Studies on Environmental Innovation: Better Policies to Support Eco-innovation

Eco-innovation is extra vital than ever at the public coverage schedule. it's a significant driving force for eco-friendly progress and contributes to the environmental functionality and monetary improvement of OECD and constructing nations alike. This document takes a realistic method of guidelines that help the improvement and diffusion of eco-innovation.

Introduction to U.S. Health Policy: The Organization, Financing, and Delivery of Health Care in America

Domestic to the world's so much complex clinical practices, the us spends extra on overall healthiness care than the other nation. whilst, therapy is tougher to get within the usa than in so much different industrialized international locations. Benchmark information reminiscent of youngster mortality and existence expectancy exhibit a society that's not approximately as fit because it may be.

The Inequality Trap: Fighting Capitalism Instead of Poverty

US President Barack Obama has referred to as financial inequality the “defining factor of our time. ” It has encouraged the “Occupy” hobbies, made a French economist right into a international superstar, and given us a brand new expression – the “one percentage. ” yet is our preoccupation with inequality fairly justified? Or clever? In his new e-book, William Watson argues that targeting inequality is either an mistakes and a seize.

Additional info for Billionaires: Reflections on the Upper Crust

Example text

37 candidates Jimmy Carter and Gerald Ford were given the identical amount of $22 million each to contest the general e­ lection. Nonetheless, many of the Watergate-inspired laws turned out to be rather porous in their ability to restrict spending by the wealthy. The combination of subsequent court rulings, creative political strategies, and closely contested elections led to the restoration of key pre-Watergate features. Notably, these include weak disclosure, secret spending, the reemergence of large contributors, and spending imbalances in presidential ­politics.

It creates a loophole that will allow a single individual to contribute millions of dollars to a political party or to a candidate’s campaign. Taken together with Citizens United v. ”­11 Through these and other loopholes, court rulings have effectively gutted the post-Watergate system of campaign finance. The result is that a variety of interests have been able to finance and engage in electioneering activities designed to influence the public without disclosing their campaign donors. The growth of secret electioneering masquerading as public education creates huge opportunities for clandestine political action.

People in the middle or at the bottom of the income spectrum have trouble raising the funds to invest in education and health care. 56 Dangers in the Developing W ­ orld The developing world exhibits greater inequity than developed nations and therefore has more of the political and social problems associated with great wealth. 31). Within the developed world, however, there is considerable variation. 57 Many poor nations have weak rule of law. They do not have strong electoral or governance systems that can help balance the political demands of those with great wealth and the interests of the general public.

Download PDF sample

Rated 4.28 of 5 – based on 49 votes