Murakami Sale
 
 

Recently Viewed clear list


Original Essays | August 21, 2014

Richard Bausch: IMG Why Literature Can Save Us



Our title is, of course, a problem. "Why Literature Can Save Us." And of course the problem is one of definition: what those words mean. What is... Continue »
  1. $18.87 Sale Hardcover add to wish list

    Before, During, After

    Richard Bausch 9780307266262

spacer
Qualifying orders ship free.
$9.95
Used Hardcover
Ships in 1 to 3 days
Add to Wishlist
Qty Store Section
3 Beaverton Economics- General
1 Burnside International Studies- General

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

by

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

 

Synopses & Reviews

Publisher Comments:

A Financial Times Best Book of the Year

Winner of the 2013 Lionel Gelber Prize

There has always been some gap between rich and poor in this country, but in the last few decades what it means to be rich has changed dramatically. Alarmingly, the greatest income gap is not between the 1 percent and the 99 percent, but within the wealthiest 1 percent of our nation--as the merely wealthy are left behind by the rapidly expanding fortunes of the new global super-rich. Forget the 1 percent; Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at break-neck speed.

Whats changed is more than numbers. Today, most colossal fortunes are new, not inherited--amassed by perceptive businessmen who see themselves as deserving victors in a cut-throat international competition. As a transglobal class of successful professionals, todays self-made oligarchs often feel they have more in common with one another than with their countrymen back home. Bringing together the economics and psychology of these new super-rich, Plutocrats puts us inside a league very much of its own, with its own rules.

The closest mirror to our own time is the late nineteenth century Gilded Age--the era of powerful ‘robber barons like Andrew Carnegie and John D. Rockefeller. Then as now, emerging markets and innovative technologies collided to produce unprecedented wealth for more people than ever in human history. Yet those at the very top benefited far more than others--and from this pinnacle they exercised immense and unchecked power in their countries. Todays closest analogue to these robber barons can be found in the turbulent economies of India, Brazil, and China, all home to ferocious market competition and political turmoil. But wealth, corruption, and populism are no longer constrained by national borders, so this new Gilded Age is already transforming the economics of the West as well. Plutocrats demonstrates how  social upheavals generated by the first Gilded Age may pale in comparison to what is in store for us, as the wealth of the entire globalized world is concentrated in fewer and fewer hands.

Cracking open the tight-knit world of the new global super-rich is Chrystia Freeland, an acclaimed business journalist who has spent nearly two decades reporting on the new transglobal elite. She parses an internal Citigroup memo that urges clients to design portfolios around the international “Plutonomy” and not the national “rest”; follows Russian, Mexican, and Indian oligarchs during the privatization boom as they manipulate the levers of power to commandeer their local economies; breaks down the gender divide between the vast female-managed ‘middle class and the worlds one thousand billionaires; shows how, by controlling both the economic and political institutions of their nation, the richest members of Chinas National Peoples Congress have amassed more wealth than every branch of American government combined--the president, his cabinet, the justices of the Supreme Court, and both houses of Congress.

Though the results can be shocking, Freeland dissects the lives of the worlds wealthiest individuals with empathy, intelligence, and deep insight. Brightly written, powerfully researched, and propelled by fascinating original interviews with the plutocrats themselves, Plutocrats is a tour-de-force of social and economic history, and the definitive examination of inequality in our time.

 

Synopsis:

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 worlds 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.

Synopsis:

"Splendid...the definitive history of the hedge fund, a compelling narrative full of larger-than-life characters and dramatic tales." — The Washington Post

Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-first- century capitalism. Beating the market was long thought to be impossible, but hedge funds cracked its mysteries and made fortunes in the process. Drawing on his unprecedented access to the industry, esteemed financial writer Sebastian Mallaby tells the inside story of the hedge funds, from their origins in the 1960s to their role in the financial crisis of 2007 to 2009.

About the Author

Sebastian Mallaby has been a Washington Post columnist since 1999. From 1986 to 1999, he was on the staff of The Economist, serving in Zimbabwe, London, and Japan, and as the magazine's Washington bureau chief. He spent 2003 as a Fellow at the Council on Foreign Relations and has written for Foreign Affairs, Foreign Policy, The New York Times, and The New Republic, among others.

Product Details

ISBN:
9781594204098
Author:
Freeland, Chrystia
Publisher:
Penguin Press
Author:
Mallaby, Sebastian
Author:
Ferguson, Niall
Subject:
Corporate History
Subject:
Economics - General
Subject:
Featured Titles-History and Social Science
Edition Description:
Trade paper
Publication Date:
20121031
Binding:
Paperback
Grade Level:
from 12
Language:
English
Illustrations:
8-page b/w photo insert on text stock; b
Pages:
336
Dimensions:
8.44 x 5.5 in 1 lb
Age Level:
from 18

Other books you might like

  1. When America First Met China: An... Used Trade Paper $8.95
  2. Secular Cycles New Hardcover $55.50
  3. The Art of Procrastination: A Guide...
    Used Hardcover $5.98
  4. The Wrecking Crew: How Conservatives... Used Trade Paper $5.95
  5. American Fascists: The Christian...
    Used Hardcover $6.95
  6. Crazy Brave: A Memoir Sale Trade Paper $7.98

Related Subjects


Business » History and Biographies
Featured Titles » General
Featured Titles » History and Social Science
History and Social Science » Current Affairs » General
History and Social Science » Economics » General
History and Social Science » Politics » International Studies
History and Social Science » Sociology » Social Classes

Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else Used Hardcover
0 stars - 0 reviews
$9.95 In Stock
Product details 336 pages Penguin Press - English 9781594204098 Reviews:
"Synopsis" by ,
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 worlds 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.

"Synopsis" by ,
"Splendid...the definitive history of the hedge fund, a compelling narrative full of larger-than-life characters and dramatic tales." — The Washington Post

Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-first- century capitalism. Beating the market was long thought to be impossible, but hedge funds cracked its mysteries and made fortunes in the process. Drawing on his unprecedented access to the industry, esteemed financial writer Sebastian Mallaby tells the inside story of the hedge funds, from their origins in the 1960s to their role in the financial crisis of 2007 to 2009.

spacer
spacer
  • back to top
Follow us on...




Powell's City of Books is an independent bookstore in Portland, Oregon, that fills a whole city block with more than a million new, used, and out of print books. Shop those shelves — plus literally millions more books, DVDs, and gifts — here at Powells.com.