~ TROTNGSR-ATFOEE ~ The Rise Of The New Global Super-Rich – And The Fall Of Everyone Else
~ IRSGO ~ International Rent-Seeking Global Oligarchy
~ UHNWI ~ Ultra High Net Worth Individuals
~ OOC ~ Orphans Of Capital
~ SIIISASVOOETMOUDRIIH ~ Surging Income Inequality Is Such A Strong Violation Of Our Expectations That Most Of Us Don’t Realize It Is Happening
~ PDHTCTSEITFP-AATEMOTSECG-SDIPM ~ Political Decisions Helped To Create The Super-Elite In The First Place – And As The Economic Might Of The Super-Elite Class Grows – So Does Its Political Muscle
~ MHFT-P-C-A-LS-DB-TSFTHEAETP ~ Many Have Found Their – Professions – Companies – And – Life Savings – Destroyed By – The Same Forces That Have Enriched And Empowered The Plutocrats
~ WHNPTTTRRWEMAOUR ~ We Have No Proof That Today’s Technology Revolution Really Will Eventually Make All Of Us Richer
~ B-SM-ICTTSIOTGP-IIHT-J-T-L-S-A-I ~ Being – Self-Made – Is Central To The Self-Image Of Today’s Global Plutocrats – It Is How They – Justify – Their – Luxuries – Status – And – Influence
~ COCDLTDTWISMT ~ Champions Of Capital Do Like To Describe Their Work In Strikingly Moral Terms
~ TCBFTIATAEOTPSDASOTTTFBP ~ They Certainly Benefit From The Intellectual Anti-Tax Agenda Elaborated Over The Past Several Decades At Some Of The Think Tanks Financed By Plutocrats
~ 0.1%V1%~ The 0.1 Percent Vs The 1 Percent
~ TROTMATB ~ The Rebellion Of The Millionaires Against The Billionaires
~ PC ~ Philanthro-Capitalism
~ CC ~ “Crony Capitalism”
~ TIAOTRTCP ~ The Intellectuals Are On The Road To Class Power
~ T1%HRAABC ~ The 1 Percent Has Remained An All-Boys Club
~ WSDAFJOMTWSFWS ~ Wall Street’s Done A Fabulous Job Of Making The World Safe For Wall Street
~ ADSOE ~ A Dangerous Sense Of Entitlement
~ MGCCTFC ~ My Golf Caddy Caused The Financial Crisis
~ WBWARVOTTUITPC-IMNBAEFSTSTKWLR ~ While Business Won A Resounding Victory Over The Trade Unions In The Previous Century – It May Not Be As Easy For Shareholders To Stop The Knowledge Worker-Led Revolution
~ OWS-ITBBTAC-IITTTIW-WSITMCOC-BIFFARLYWC ~ On Wall Street – In The Battle Between Talent And Capital – It Is The Talent That Is Winning – Wall Street Is The Mother Church Of Capitalism – But Its Flagship Firms Are Run Like Yugoslav Workers’ Collectives
~ ASHBMP-BIEFHSTFWTAPTTCS ~ As Superstars Have Become More Powerful – Bosses In Every Field Have Struggled To Find Ways To Avoid Paying Them The Celebrity Surcharge
~ TRSIAFTFTL-BAAFOFS-RSWMEEBEOTR-II-AA-TPOSCADOW-SOTRHRTTITTCEIIRS ~ Today Rent-Seeking Is A Favorite Theme For The Left – But As A Field Of Formal Study – Rent-Seeking Was Most Energetically Elaborated By Economists On The Right – It Is – After All – The Product Of State Control And Distribution Of Wealth – Some On The Right Have Returned To The Idea That The Central Economic Ill Is Rent-Seeking
~ AFCBRSIOCCHAPETOMA-BFC-A-I-IN-ABBUBEMO ~ A Fortune Created By Rent-Seeking In One Country Can Have A Powerful Effect Thousands Of Miles Away – Britain’s Football Clubs – And – Increasingly – Its Newspapers – Are Being Bought Up By Emerging Markets Oligarchs
~ ASOTBL-TNRWMLDBTWABAA-TIAPWOSBATLWAOTR-IIAFPGA-YCMTSPATASR ~ Another Shibboleth Of The Banking Lobby – That New Rules Would Make Little Difference Because They Would Always Be Arbitraged Away – This Is A Polite Way Of Saying Bankers And Their Lawyers Will Always Outsmart Their Regulators – It Is A Familiar Poacher-Gamekeeper Argument – You Can Make The Same Point About Terrorists And Security Regulations
~ SEAOTPOASME-B-I-ATIGTCBIO-MLSTTTPFIODOA-NTLI-ITSOFTFAOC ~ Super-Elites Are Often The Product Of A Strong Market Economy – But – Ironically – As Their Influence Grows They Can Become Its Opponents – Most Lobbying Seeks To Tilt The Playing Field In One Direction Or Another – Not To Level It – In The Sense Of Fostering Truly Free And Open Competition
~ AINOPAMOTSET ~ An Increasing Number Of Politicians Are Members Of The Super-Elite Themselves
~ O-ABISITPBF ~ Often – A Big Intrusive State Is The Plutocrat’s Best Friend
~ AINOPAMOTSET ~ An Increasing Number Of Politicians Are Members Of The Super-Elite Themselves
~ PCFMTPNUTR ~ Politicians Can’t Fully Monetize Their Plutocratic Networks Until They Retire
~ EWHPTTISCBTTPUTLTCTTT ~ Elites Who Have Prospered Thanks To Inclusive Systems Can Be Tempted To Pull Up The Ladder They Climbed To The Top
~ EDSTSTCTOP-B-E-S-F-P-CBBBTOSTSIIUTFOTOSP ~ Elites Don’t Sabotage The System That Created Them On Purpose – But – Even – Smart – Farsighted – Plutocrats – Can Be Betrayed By Their Own Short-Term Self-Interest Into Undermining The Foundations Of Their Own Society’s Prosperity