The Trouble With Billionaires

The Trouble With Billionaires

Book - 2010
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The glittering lives of billionaires may seem like a harmless source of entertainment. But such concentrated economic power reverberates throughout society, threatening the quality of life and the very functioning of democracy. It's no accident that the United States claims the most billionaires--but suffers among the highest rates of infant mortality and crime, the shortest life expectancy, as well as the lowest rates of social mobility and electoral political participation in the developed world.

Our society tends to regard large fortunes as evidence of great talent or accomplishment. Yet the vast new wealth isn't due to an increase in talent or effort at the top, but rather to changing social attitudes legitimizing greed and government policy changes that favour the new elite. Authoritative and eye-opening, The Trouble with Billionaires will spark debate about the kind of society we want.

Publisher: Toronto : Viking Canada, 2010.
ISBN: 9780670064199
Branch Call Number: 339.22097 MCQ
Characteristics: 272 pages ;,24 cm
Additional Contributors: Brooks, Neil

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z
zipread
May 27, 2015

The Trouble with Billionaires --- by --- Linda McQuaig & Neil Brooks.
The team of McQuaig, journalist currently writing for the Toronto Star, and Neil Brooks, professor of tax law at Toronto’s Osgoode Hall have written an highly informative and illustrative tome that is refreshingly free of econo-babble while eloquently making the case that income inequality in what they label the “ Anglo-American” world “are you paying attention Canadians?” is greater than it has ever been in the Post WW II era and that this has numerous, highly corrosive effects. In fact, the book is a real eye-opener. The numbers are shocking. The mega rich contribute an increasingly minuscule share to the public weal. The authors make no baseless assertions: the have the facts, they have the numbers and they’re all in this book. McQuaig and Brooks deserve to be more widely read: if they were there would be no room left at the barricades. This is the perfect sequel to the graffiti: “Eat the Rich”.

d
darlenestrom
Jun 15, 2014

A very readable and exciting exploration of political thinking! Don't be intimidated, this is a book for anyone who wants more understanding on top heavy (too many rich) economics.

e
edgarmk
May 01, 2013

An extremely well written book that delves deeply into the structure and philosophy of economics, politics and social structures. I cannot say enough about the well researched and well connected ideas that are brought together in such an enjoyable read. Knowledge of banking, economics and some history of both would help in some cases however, since the book covers a lot and doesn't always bother to explain everything in detail (how could it?)

h
HopeButterfly
Feb 02, 2013

Very interesting and I learned a few things.

g
gramsci
Jan 08, 2012

An especially articulate critique of the mentality that undermines community and threatens the future well being of us all. Well written this book is a pleasure to read.

c
ComJake
Jan 08, 2012

Excellent book. Makes you look at current situation in the economic climate in a new light. Makes you look at healthcare, politics and so much more in a more suspicious eye.

o
omi24
Nov 22, 2011

This is a book that should be widely read and loudly discussed. Great historical facts about the super rich and their influence within the worlds of politics and finance. Linda McQuaig is a knowledgeable economist and an insightful author. An excellent read.

r
ravensview
Nov 17, 2011

Well written, and appropriate for the current (fall 2011) Ocupy movements - but too long for me right now, maybe another day - after NaNoWriMo

saeedv Sep 08, 2011

It was a real page turner for me, and I couldn't put it aside until reading to the very last page. Once again Lina McQuaig has done a very good job of explaining fundamental issues in Canadian economics in plain language.

If you ever wondered why quality of our lives is declining despite all the technological advances, your answer is right here.

e
eastvanbookfan
Jul 23, 2011

Didn't want to give it five because that would be perfect. Fake diamonds are the ones without the flaws. This book reframes, refocusses and researchs a challenging political perspective. Great book. Loved the message and of course nothing will change....

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