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Dedicated to the notion that our world would be considerably more caring, prosperous, and democratic if we narrowed the vast gap that divides our wealthy from everyone else.
By every measure that matters, relatively equal nations outperform nations where income and wealth concentrate at the top. This powerful new book explores these contrasts — and explains them.
This American Library Association “outstanding title” of the year explores the price we pay for massive inequality. Now available for reading online.
Back in the 1930s, a University of Chicago project set out to list western civilization’s greatest books. Only one book by a living author, this one, made the cut.
“Almost everything we sell in Beverly Hills is $10 million or more, and it’s all cash.”
Jeff Hyland, Hilton & Hyland Real Estate, Inside the high-end housing market, BBC News, February 17, 2012
Making Wall Street look almost reasonable: Top execs at Facebook took home $83 million last year. Wall Street’s highest-paying bank, JPMorgan Chase, shelled out $79 million to its top execs. Facebook top execs, notes Fortune, managed 3,200 staffers. JPMorgan top execs managed 239,831.
Malnutrition, commodity speculation, and the wealth of the wealthy . . . The Olympics of conspicuous consumption . . . Pricey sunglasses.
Top media outlets and business researchers annually release compensation surveys that detail executive pay levels over the preceding year. These surveys seldom sample the same corporations — or measure pay the exact same way — and, consequently, almost always generate somewhat different results. We sum up the latest top national and regional survey results here.