Sam Walton

Sam Walton
Author: Vance H. Trimble
Publisher: Signet Book
Total Pages: 412
Release: 1991
Genre: Biography & Autobiography
ISBN: 9780451171610

A biography of Sam Walton and how he rose from an impoverished childhood to become the richest man in America.

Billionaires and Stealth Politics

Billionaires and Stealth Politics
Author: Benjamin I. Page
Publisher: University of Chicago Press
Total Pages: 232
Release: 2018-12-21
Genre: Political Science
ISBN: 022658626X

A look into the covert influence billionaires wield in American politics and the actions citizens can take to hold them more accountable. In 2016, when millions of Americans voted for Donald Trump, many believed his claims that personal wealth would free him from wealthy donors and allow him to “drain the swamp.” But then Trump appointed several billionaires and multimillionaires to high-level positions and pursued billionaire-friendly policies, such as cutting corporate income taxes. Why the change from his fiery campaign rhetoric and promises to the working class? This should not be surprising, argue Benjamin I. Page, Jason Seawright, and Matthew J. Lacombe: As the gap between the wealthiest and the rest of us has widened, the few who hold one billion dollars or more in net worth have begun to play a more and more active part in politics—with serious consequences for democracy in the United States. Page, Seawright, and Lacombe argue that while political contributions offer a window onto billionaires’ influence, especially on economic policy, they do not present a full picture of policy preferences and political actions. That is because on some of the most important issues, including taxation, immigration, and Social Security, billionaires have chosen to engage in “stealth politics.” They try hard to influence public policy, making large contributions to political parties and policy-focused causes, leading policy-advocacy organizations, holding political fundraisers, and bundling others’ contributions—all while rarely talking about public policy to the media. This means that their influence is not only unequal but also largely unaccountable to and unchallengeable by the American people. Stealth politics makes it difficult for ordinary citizens to know what billionaires are doing or mobilize against it. The book closes with remedies citizens can pursue if they wish to make wealthy Americans more politically accountable, such as public financing of political campaigns and easier voting procedures, and notes the broader types of reforms, such as a more progressive income tax system, that would be needed to increase political equality and reinvigorate majoritarian democracy in the United States. Praise for Billionaires and Stealth Politics “Incredibly important. The authors provide—for the first time—a clear sense of the politics and political activity of the top one hundred billionaires in America, matching what billionaires have said with what they’ve done and showing the troubling transparency gap that is critical to the evolution of policy. Billionaires and Stealth Politics is a key addition to understanding our current political reality, focused on it most significant lever.” —Lawrence Lessig, author of America, Compromised “The wealth held by American billionaires exceeds the Gross Domestic Product of dozens of countries. They exercise tremendous influence over society, the economy, and politics. Yet their impact is not well-understood. Page, Seawright, and Lacombe have given us a compelling and original piece of work on an important topic.” —Darrell M. West, Brookings Institution

The Wealthy 100

The Wealthy 100
Author: Michael M. Klepper
Publisher: Citadel Press
Total Pages: 0
Release: 1996
Genre: Capitalista and financiers
ISBN: 9780806518008

"In America, while all men and women may be created equal, they do not all end up that way. This book ranks an elite group: the richest Americans in American history." "The Wealthy 100 offers intimate, often surprising portraits of these individuals and how they amassed their fortunes. The rankings are based on estimated total wealth at the time of death - or a given year for current living Americans - as a percentage of the Gross National Product (GNP) in current dollars for that year. This allows the authors to compare the fortunes of people from different centuries."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

The Millionaire Next Door

The Millionaire Next Door
Author: Thomas J. Stanley
Publisher: Rosetta Books
Total Pages: 307
Release: 2010-11-30
Genre: Business & Economics
ISBN: 0795314868

How do the rich get rich? An updated edition of the “remarkable” New York Times bestseller, based on two decades of research (The Washington Post). Most of the truly wealthy in the United States don’t live in Beverly Hills or on Park Avenue. They live next door. America’s wealthy seldom get that way through an inheritance or an advanced degree. They bargain-shop for used cars, raise children who don’t realize how rich their families are, and reject a lifestyle of flashy exhibitionism and competitive spending. In fact, the glamorous people many of us think of as “rich” are actually a tiny minority of America’s truly wealthy citizens—and behave quite differently than the majority. At the time of its first publication, The Millionaire Next Door was a groundbreaking examination of America’s rich—exposing for the first time the seven common qualities that appear over and over among this exclusive demographic. This edition includes a new foreword by Dr. Thomas J. Stanley—updating the original content in the context of the financial crash and the twenty-first century. “Their surprising results reveal fundamental qualities of this group that are diametrically opposed to today’s earn-and-consume culture.” —Library Journal

Tax the Rich!

Tax the Rich!
Author: Morris Pearl
Publisher: The New Press
Total Pages: 273
Release: 2021-04-13
Genre: Political Science
ISBN: 1620976641

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 9.9 Percent

The 9.9 Percent
Author: Matthew Stewart
Publisher: Simon and Schuster
Total Pages: 352
Release: 2021-10-12
Genre: Social Science
ISBN: 1982114207

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.

Billionaire Wilderness

Billionaire Wilderness
Author: Justin Farrell
Publisher: Princeton University Press
Total Pages: 392
Release: 2021-03-02
Genre: Nature
ISBN: 0691217122

"Billionaire Wilderness offers an unprecedented look inside the world of the ultra-wealthy and their relationship to the natural world, showing how the ultra-rich use nature to resolve key predicaments in their lives. Justin Farrell immerses himself in Teton County, Wyoming--both the richest county in the United States and the county with the nation's highest level of income inequality--to investigate interconnected questions about money, nature, and community in the twenty-first century. Farrell draws on three years of in-depth interviews with "ordinary" millionaires and the world's wealthiest billionaires, four years of in-person observation in the community, and original quantitative data to provide comprehensive and unique analytical insight on the ultra-wealthy. He also interviewed low-income workers who could speak to their experiences as employees for and members of the community with these wealthy people. He finds that the wealthy leverage nature to climb even higher on the socioeconomic ladder, and they use their engagement with nature and rural people as a way of creating more virtuous and deserving versions of themselves. Billionaire Wilderness demonstrates that our contemporary understanding of the relationship between the ultra-wealthy and the environment is empirically shallow, and our reliance on reports of national economic trends distances us from the real experiences of these people and their local communities"--

Get Rich, Stay Rich, Pass It On

Get Rich, Stay Rich, Pass It On
Author: Catherine S. McBreen
Publisher: Penguin
Total Pages: 270
Release: 2007
Genre: Business & Economics
ISBN: 9781591841753

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.

Fortunes of Change

Fortunes of Change
Author: David Callahan
Publisher: John Wiley & Sons
Total Pages: 324
Release: 2010-06-22
Genre: Political Science
ISBN: 0470606541

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.