The American Rich

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Wealth and Democracy

Author : Kevin Phillips
Publisher : Crown
ISBN 13 : 0767905342
Total Pages : 498 pages
Book Rating : 4.7/5 (679 download)

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Book Synopsis Wealth and Democracy by : Kevin Phillips

Download or read book Wealth and Democracy written by Kevin Phillips and published by Crown. This book was released on 2003-04-08 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than thirty years, Kevin Phillips' insight into American politics and economics has helped to make history as well as record it. His bestselling books, including The Emerging Republican Majority (1969) and The Politics of Rich and Poor (1990), have influenced presidential campaigns and changed the way America sees itself. Widely acknowledging Phillips as one of the nation's most perceptive thinkers, reviewers have called him a latter-day Nostradamus and our "modern Thomas Paine." Now, in the first major book of its kind since the 1930s, he turns his attention to the United States' history of great wealth and power, a sweeping cavalcade from the American Revolution to what he calls "the Second Gilded Age" at the turn of the twenty-first century. The Second Gilded Age has been staggering enough in its concentration of wealth to dwarf the original Gilded Age a hundred years earlier. However, the tech crash and then the horrible events of September 11, 2001, pointed out that great riches are as vulnerable as they have ever been. In Wealth and Democracy, Kevin Phillips charts the ongoing American saga of great wealth–how it has been accumulated, its shifting sources, and its ups and downs over more than two centuries. He explores how the rich and politically powerful have frequently worked together to create or perpetuate privilege, often at the expense of the national interest and usually at the expense of the middle and lower classes. With intriguing chapters on history and bold analysis of present-day America, Phillips illuminates the dangerous politics that go with excessive concentration of wealth. Profiling wealthy Americans–from Astor to Carnegie and Rockefeller to contemporary wealth holders–Phillips provides fascinating details about the peculiarly American ways of becoming and staying a multimillionaire. He exposes the subtle corruption spawned by a money culture and financial power, evident in economic philosophy, tax favoritism, and selective bailouts in the name of free enterprise, economic stimulus, and national security. Finally, Wealth and Democracy turns to the history of Britain and other leading world economic powers to examine the symptoms that signaled their declines–speculative finance, mounting international debt, record wealth, income polarization, and disgruntled politics–signs that we recognize in America at the start of the twenty-first century. In a time of national crisis, Phillips worries that the growing parallels suggest the tide may already be turning for us all.

The Good Rich and What They Cost Us

Author : Robert F. Dalzell
Publisher : Yale University Press
ISBN 13 : 0300188889
Total Pages : 275 pages
Book Rating : 4.3/5 (1 download)

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Book Synopsis The Good Rich and What They Cost Us by : Robert F. Dalzell

Download or read book The Good Rich and What They Cost Us written by Robert F. Dalzell and published by Yale University Press. This book was released on 2013-01-08 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book holds up for scrutiny a great paradox at the core of the American Dream: a passionate belief in the principle of democracy combined with an equally passionate celebration of the creation of wealth. Americans treasure an open, equal society, yet we also admire those fortunate few who amass riches on a scale that undermines social equality. In today's era of "vulture capitalist" hedge fund managers, internet fortunes, and a growing concern over inequality in American life, should we cling to both parts of the paradox? Can we?/div To understand the problems that vast individual fortunes pose for democratic values, Robert Dalzell turns to American history. He presents an intriguing cast of wealthy individuals from colonial times to the present, including George Washington, one of the richest Americans of his day, the "robber baron" John D. Rockefeller, and Oprah Winfrey, for whom extreme wealth is inextricably tied to social concerns. Dalzell uncovers the sources of contradictory attitudes toward the rich, how the very rich have sought to be perceived as "good rich," and the facts behind the widespread notion that wealth and generosity go hand in hand. In a thoughtful and balanced conclusion, the author explores the cost of our longstanding attitudes toward the rich./divDIV DIV DIVAmong the case studies in America's Good Rich:/divDIVPuritan merchant Robert Keayne/divDIVGeorge Washington/divDIVManufacturers Amos & Abbot Lawrence/divDIVOil magnate John D. Rockefeller/divDIVBill Gates/divDIVWarren Buffet/divDIVSteve Jobs/divDIVOprah Winfrey/div

Rich

Author : Lawrence R. SAMUEL
Publisher : AMACOM Div American Mgmt Assn
ISBN 13 : 0814413633
Total Pages : 322 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Rich by : Lawrence R. SAMUEL

Download or read book Rich written by Lawrence R. SAMUEL and published by AMACOM Div American Mgmt Assn. This book was released on 2009-07-01 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Americans, we have been taught to be obsessed with money and the people who have it. We are curious about what they buy, where they vacation, and what separates them from the rest of us. Rich puts the American obsession with all things money into much-needed perspective and context, exposing the origins of the upper class. The book traces the history of the American rich from 1920 up to today, examining the who, what, when, where, and why of the wealthy elite. With its hundreds of compelling, real-life stories, Rich offers a fascinating window into this world few ever see. Samuel delves into the secrets about the rich and famous: Who were the Gateses, Bransons, and Trumps (and even Paris Hiltons) of the past? How did the rich show off their status? What did they splurge on and how did they scrimp when times got tough? Rich also explores the rise of the first mass affluent class in America and the virtual demise of old money as we knew it. Enlightening and often surprising, Rich gives us a deeper understanding of our country's wealthiest and most enigmatic class.

Tax the Rich!

Author : Morris Pearl
Publisher : The New Press
ISBN 13 : 1620976641
Total Pages : 273 pages
Book Rating : 4.6/5 (29 download)

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Book Synopsis Tax the Rich! by : Morris Pearl

Download or read book Tax the Rich! written by Morris Pearl and published by The New Press. This book was released on 2021-04-13 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: A powerfully persuasive and thoroughly entertaining guide to the most effective way to un-rig the economy and fix inequality, from America's wealthiest “class traitors” The vast majority of Americans—71 percent—believe the economy is rigged in favor of the rich. Guess what? They’re right. How do you rig an economy? You start with the tax code. In Tax the Rich! former BlackRock executive Morris Pearl, the millionaire chair of the Patriotic Millionaires, and Erica Payne, the organization’s founder, take readers on an engaging and enlightening insider’s tour of the nation’s tax code, explaining exactly how “the rich”—and the politicians they control—manipulate the U.S. tax code to ensure the rich get richer, and everyone else is left holding the bag. Blunt and irreverent, Tax the Rich! unapologetically dismantles the “intellectual” justifications for a tax code that virtually guarantees destabilizing levels of inequality and consequent social unrest. Infographics, charts, cartoons, and lively characters including “the Werkhardts” and “the Slumps” make a complicated subject accessible (and, yes, sometimes even funny) and illuminate the practical reforms that can put America on the road to stability and shared prosperity before it’s too late. Never have the arguments in this book been more timely—or more important.

The Rich Don't Always Win

Author : Sam Pizzigati
Publisher : Seven Stories Press
ISBN 13 : 160980435X
Total Pages : 389 pages
Book Rating : 4.6/5 (98 download)

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Book Synopsis The Rich Don't Always Win by : Sam Pizzigati

Download or read book The Rich Don't Always Win written by Sam Pizzigati and published by Seven Stories Press. This book was released on 2012-11-27 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Richistan

Author : Robert Frank
Publisher : Currency
ISBN 13 : 0307341453
Total Pages : 290 pages
Book Rating : 4.3/5 (73 download)

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Book Synopsis Richistan by : Robert Frank

Download or read book Richistan written by Robert Frank and published by Currency. This book was released on 2008-06-24 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE NEW YORK TIMES BESTSELLER RICH-I-STAN n. 1. a new country located in the heart of America, populated entirely by millionaires, most of whom acquired their wealth during the new Gilded Age of the past twenty years. 2. a country with a population larger than Belgium and Denmark; typical citizens include “spud king” J. R. Simplot; hair stylist Sydell Miller, the new star of Palm Beach; and assorted oddball entrepreneurs. 3. A country that with a little luck and pluck, you, too, could be a citizen of. The rich have always been different from you and me, but Robert Frank’s revealing and funny journey through “Richistan” entertainingly shows that they are truly another breed.

Rich in America

Author : Jeffrey S. Maurer
Publisher : Wiley
ISBN 13 : 9780471445487
Total Pages : 0 pages
Book Rating : 4.4/5 (454 download)

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Book Synopsis Rich in America by : Jeffrey S. Maurer

Download or read book Rich in America written by Jeffrey S. Maurer and published by Wiley. This book was released on 2003-08-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advance Praise for Rich In America "I highly recommend Rich in America to investors of all economic levels. While certainly no company understands the wealthy better than U.S. Trust, Jeff Maurer has done a wonderful job of turning the wisdom he gathered during his distinguished career at this venerable institution into advice that will benefit anyone interested in making smarter financial decisions." -Charles Schwab Chairman, The Charles Schwab Corporation "Jeff Maurer is uniquely qualified to advise the affluent and those who would be. Rich in America is packed with insight and wisdom gleaned from his long and tremendously successful career at the very pinnacle of wealth management." -Timothy C. Forbes Chief Operating Officer, Forbes Inc. "For thirty-three years, Jeff Maurer helped build U.S. Trust Corporation into one of the nation's most prominent and respected wealth managers. In this book, Jeff combines his own experience with the knowledge gleaned from a decade of U.S. Trust research into who the affluent are, how they earned their money, and how they keep it. The U.S. Trust approach to building and maintaining wealth makes relevant reading for anyone eager to provide for their own and their family's financial well-being." -Alan J. Weber Chairman and Chief Executive Officer, U.S. Trust Corporation "Jeff Maurer has distilled more than three decades of investment advice to affluent clients into a concise, informative, and extraordinarily readable work. Readers who are trying to preserve accumulated assets, as well as those who are setting out to build substantial wealth, will profit from this wide-ranging book." -James Poterba Mitsui Professor of Economics, MIT

So Rich, So Poor

Author : Peter Edelman
Publisher : New Press, The
ISBN 13 : 1595589570
Total Pages : 160 pages
Book Rating : 4.5/5 (955 download)

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Book Synopsis So Rich, So Poor by : Peter Edelman

Download or read book So Rich, So Poor written by Peter Edelman and published by New Press, The. This book was released on 2013-09-03 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A competent, thorough assessment from a veteran expert in the field.” —Kirkus Reviews Income disparities in our wealthy nation are wider than at any point since the Great Depression. The structure of today’s economy has stultified wage growth for half of America’s workers—with even worse results at the bottom and for people of color—while bestowing billions on the few at the very top. In this “accessible and inspiring analysis”, lifelong anti-poverty advocate Peter Edelman assesses how the United States can have such an outsized number of unemployed and working poor despite important policy gains. He delves into what is happening to the people behind the statistics and takes a particular look at young people of color, for whom the possibility of productive lives is too often lost on the way to adulthood (Angela Glover Blackwell). For anyone who wants to understand one of the critical issues of twenty-first century America, So Rich, So Poor is “engaging and informative” (William Julius Wilson) and “powerful and eloquent” (Wade Henderson).

News for the Rich, White, and Blue

Author : Nikki Usher
Publisher : Columbia University Press
ISBN 13 : 0231545606
Total Pages : 232 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis News for the Rich, White, and Blue by : Nikki Usher

Download or read book News for the Rich, White, and Blue written by Nikki Usher and published by Columbia University Press. This book was released on 2021-07-06 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: As cash-strapped metropolitan newspapers struggle to maintain their traditional influence and quality reporting, large national and international outlets have pivoted to serving readers who can and will choose to pay for news, skewing coverage toward a wealthy, white, and liberal audience. Amid rampant inequality and distrust, media outlets have become more out of touch with the democracy they purport to serve. How did journalism end up in such a predicament, and what are the prospects for achieving a more equitable future? In News for the Rich, White, and Blue, Nikki Usher recasts the challenges facing journalism in terms of place, power, and inequality. Drawing on more than a decade of field research, she illuminates how journalists decide what becomes news and how news organizations strategize about the future. Usher shows how newsrooms remain places of power, largely white institutions growing more elite as journalists confront a shrinking job market. She details how Google, Facebook, and the digital-advertising ecosystem have wreaked havoc on the economic model for quality journalism, leaving local news to suffer. Usher also highlights how the handful of likely survivors—well-funded media outlets such as the New York Times—increasingly appeal to a global, “placeless” reader. News for the Rich, White, and Blue concludes with a series of provocative recommendations to reimagine journalism to ensure its resiliency and its ability to speak to a diverse set of issues and readers.

Rich Indians

Author : Alexandra Harmon
Publisher : Univ of North Carolina Press
ISBN 13 : 0807899577
Total Pages : 401 pages
Book Rating : 4.8/5 (78 download)

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Book Synopsis Rich Indians by : Alexandra Harmon

Download or read book Rich Indians written by Alexandra Harmon and published by Univ of North Carolina Press. This book was released on 2010-10-25 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long before lucrative tribal casinos sparked controversy, Native Americans amassed other wealth that provoked intense debate about the desirability, morality, and compatibility of Indian and non-Indian economic practices. Alexandra Harmon examines seven such instances of Indian affluence and the dilemmas they presented both for Native Americans and for Euro-Americans--dilemmas rooted in the colonial origins of the modern American economy. Harmon's study not only compels us to look beyond stereotypes of greedy whites and poor Indians, but also convincingly demonstrates that Indians deserve a prominent place in American economic history and in the history of American ideas.

The High-Beta Rich

Author : Robert Frank
Publisher : Crown Pub
ISBN 13 : 0307589897
Total Pages : 258 pages
Book Rating : 4.3/5 (75 download)

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Book Synopsis The High-Beta Rich by : Robert Frank

Download or read book The High-Beta Rich written by Robert Frank and published by Crown Pub. This book was released on 2011 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses how the "high-beta rich"--upper class Americans prone to wild swings of wealth--and their erratic spending habits have affected the economy as a whole, and will help mold the financial future of the country.

Get Rich, Stay Rich, Pass It On

Author : Catherine S. McBreen
Publisher : Penguin
ISBN 13 : 9781591841753
Total Pages : 270 pages
Book Rating : 4.8/5 (417 download)

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Book Synopsis Get Rich, Stay Rich, Pass It On by : Catherine S. McBreen

Download or read book Get Rich, Stay Rich, Pass It On written by Catherine S. McBreen and published by Penguin. This book was released on 2007 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Counsels everyday investors on how to acquire wealth that can be sustained throughout subsequent generations, in a guide based on research into America's millionaire families that reveals how they invest, where they work, and how they plan their estates. 30,000 first printing.

The Rich and the Rest of Us

Author : Tavis Smiley
Publisher : Hay House, Inc
ISBN 13 : 1401940641
Total Pages : 234 pages
Book Rating : 4.4/5 (19 download)

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Book Synopsis The Rich and the Rest of Us by : Tavis Smiley

Download or read book The Rich and the Rest of Us written by Tavis Smiley and published by Hay House, Inc. This book was released on 2012-04-17 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Record unemployment and rampant corporate avarice, empty houses but homeless families, dwindling opportunities in an increasingly paralyzed nation—these are the realities of 21st-century America, land of the free and home of the new middle class poor. Award-winning broadcaster Tavis Smiley and Dr. Cornel West, one of the nation’s leading democratic intellectuals, co-hosts of Public Radio’s Smiley & West, now take on the "P" word—poverty. The Rich and the Rest of Us is the next step in the journey that began with "The Poverty Tour: A Call to Conscience." Smiley and West’s 18-city bus tour gave voice to the plight of impoverished Americans of all races, colors, and creeds. With 150 million Americans persistently poor or near poor, the highest numbers in over five decades, Smiley and West argue that now is the time to confront the underlying conditions of systemic poverty in America before it’s too late. By placing the eradication of poverty in the context of the nation’s greatest moments of social transformation— such as the abolition of slavery, woman’s suffrage, and the labor and civil rights movements—ending poverty is sure to emerge as America’s 21st‑century civil rights struggle. As the middle class disappears and the safety net is shredded, Smiley and West, building on the legacy of Martin Luther King, Jr., ask us to confront our fear and complacency with 12 poverty changing ideas. They challenge us to re-examine our assumptions about poverty in America—what it really is and how to eliminate it now.

The 9.9 Percent

Author : Matthew Stewart
Publisher : Simon and Schuster
ISBN 13 : 1982114207
Total Pages : 352 pages
Book Rating : 4.9/5 (821 download)

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Book Synopsis The 9.9 Percent by : Matthew Stewart

Download or read book The 9.9 Percent written by Matthew Stewart and published by Simon and Schuster. This book was released on 2021-10-12 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A “brilliant” (The Washington Post), “clear-eyed and incisive” (The New Republic) analysis of how the wealthiest group in American society is making life miserable for everyone—including themselves. In 21st-century America, the top 0.1% of the wealth distribution have walked away with the big prizes even while the bottom 90% have lost ground. What’s left of the American Dream has taken refuge in the 9.9% that lies just below the tip of extreme wealth. Collectively, the members of this group control more than half of the wealth in the country—and they are doing whatever it takes to hang on to their piece of the action in an increasingly unjust system. They log insane hours at the office and then turn their leisure time into an excuse for more career-building, even as they rely on an underpaid servant class to power their economic success and satisfy their personal needs. They have segregated themselves into zip codes designed to exclude as many people as possible. They have made fitness a national obsession even as swaths of the population lose healthcare and grow sicker. They have created an unprecedented demand for admission to elite schools and helped to fuel the dramatic cost of higher education. They channel their political energy into symbolic conflicts over identity in order to avoid acknowledging the economic roots of their privilege. And they have created an ethos of “merit” to justify their advantages. They are all around us. In fact, they are us—or what we are supposed to want to be. In this “captivating account” (Robert D. Putnam, author of Bowling Alone), Matthew Stewart argues that a new aristocracy is emerging in American society and it is repeating the mistakes of history. It is entrenching inequality, warping our culture, eroding democracy, and transforming an abundant economy into a source of misery. He calls for a regrounding of American culture and politics on a foundation closer to the original promise of America.

Rich, Free, and Miserable

Author : John Brueggemann
Publisher : Rowman & Littlefield
ISBN 13 : 1442200952
Total Pages : 251 pages
Book Rating : 4.4/5 (422 download)

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Book Synopsis Rich, Free, and Miserable by : John Brueggemann

Download or read book Rich, Free, and Miserable written by John Brueggemann and published by Rowman & Littlefield. This book was released on 2023-06-14 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compared to much of the rest of the world, America and its citizens are rich. But many people are also deeply miserable—at work, at home, or both. In this provocative book, author John Brueggemann unpacks why so many people are struggling, both emotionally and financially, in a nation that looks so prosperous on the surface. From a hospital patient reduced to a balance sheet to a parent working such long hours that he misses dinner, Brueggemann argues that market thinking has permeated every corner of our lives. In the pursuit of more and better, relationships erode, to the detriment of individuals, communities, and the nation as a whole. Rich, Free, and Miserable not only outlines these pressing social problems, but also offers practical suggestions for people looking to make a positive change.

Getting Rich

Author : Lisa A. Keister
Publisher : Cambridge University Press
ISBN 13 : 9780521536677
Total Pages : 324 pages
Book Rating : 4.5/5 (366 download)

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Book Synopsis Getting Rich by : Lisa A. Keister

Download or read book Getting Rich written by Lisa A. Keister and published by Cambridge University Press. This book was released on 2005-05-30 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although basic facts about wealth inequality are no longer a mystery, we still know very little about who the wealthy are, how they got there, and what prevents other people from becoming rich. That is, we know very little about the process of wealth mobility. This book explores wealth by investigating some of the most basic questions about wealth mobility. How much mobility is there? Has the nature of mobility changed over time? Is entrepreneurship important? How much does inheritance matter? What other factors encourage or prevent wealth mobility, and how do these change over the course of a person's life?

Fortunes of Change

Author : David Callahan
Publisher : John Wiley & Sons
ISBN 13 : 0470606541
Total Pages : 324 pages
Book Rating : 4.4/5 (76 download)

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Book Synopsis Fortunes of Change by : David Callahan

Download or read book Fortunes of Change written by David Callahan and published by John Wiley & Sons. This book was released on 2010-06-22 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Packed with fascinating data that paints a provocative picture of the new rich In Fortunes of Change, David Callahan contends that something big is happening among the rich in America: they’re drifting to the left. When Callahan set out to write a book on the new upper class, he expected to profile a greedy and reactionary elite—the robber barons of a second Gilded Age. Instead, he discovered something else. While many of the rich still back a GOP that stands against taxes and regulation, liberalism is spreading fast among the wealthy. In Fortunes of Change, we meet an upper class increasingly filled with super-educated professionals and entrepreneurs who work in “knowledge” industries and live in the bluest parts of America. This cosmopolitan elite takes for granted such key liberal ideas as multiculturalism and active government, and have ever less in common with an extremist GOP based in small-town America and dominated by Tea Party activists and the likes of Sarah Palin. Fortunes of Change explores: Why some of America’s wealthiest people backed Barack Obama’s presidential bid and are pouring record sums into the Democratic Party and liberal organizations, even though they stand to see their taxes go up. How a few big donors have spent millions to create the modern gay rights movement and how environmental activists have tapped a river of new liberal cash. Why Hollywood, rolling in new profits thanks to globalization, has more money than ever to back Democratic candidates and push politics to the left. Why Silicon Valley is turning more liberal and how tech money—including Bill Gates’s vast fortune—is funding a growing array of liberal groups and politicians. How the upper class is likely to get more liberal as young heirs are inculcated with liberal ideas in America’s most elite prep schools and universities. David Callahan is a co-founder of the think tank Demos, where he is now a senior fellow. He is author of the Cheating Culture, among other books, and his articles have appeared in such places as USA Today, the New York Times, the Nation, and the Washington Monthly. Packed with surprising facts and behind-the-scene stories, Fortunes of Change is a must-read book if want to understand how America's politics and culture are changing—and what the future may hold.