The Good Billionaire

Download or read book Stinking Rich written by Carl Rhodes and published by Policy Press. This book was released on 2025-01-21 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.