Bristol University Press
Stinking Rich
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Carl Rhodes
About this book
Billionaires are an ultra-elite social class whose numbers are growing alongside their obscene wealth while others struggle, suffer or even die. They represent a scourge of economic inequality, but how do they get away with it? A set of dangerous and deceptive inter-connected myths portrays them as a ‘force for good’: -the ‘heroic billionaire’ asserts they are gallant protagonists of the American Dream gone global -the ‘generous billionaire’ pretends that their philanthropic efforts and personal good deeds should be lauded for generosity and benevolence -the ‘meritorious billionaire’ insists that extreme wealth is a worthy reward for individual hard work and talent -the ‘vigilante billionaire’ claims to be able to solve the world’s biggest problems where bureaucrats and politicians have failed. Each of these myths enables billionaire wealth and power to set us back to old-style feudalism and plutocracy. Offering a trenchant critique, this incisive book testifies to the growing international political will to take concrete actions in supporting economic justice and democratic equality.
Topics
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Front Matter
i -
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Contents
v -
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About the Author
vi -
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Acknowledgements
vii -
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Foreword
ix -
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Preface
xii -
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The Righteous Rich
1 -
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Money and Power
18 -
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The Myth of the Heroic Billionaire
42 -
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The Myth of the Generous Billionaire
67 -
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The Myth of the Meritorious Billionaire
92 -
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The Myth of the Vigilante Billionaire
114 -
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Reasons for Hope
141 -
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Notes
156 -
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Index
193