- Beyond Panama: Unlocking the world's secrecy jurisdictions
Resource Type: Article
Published: 2016
The 21 jurisdictions covered by the Panama Papers data vary from the rolling hills of Wyoming to tropical getaways like the British Virgin Islands. But all have at least one thing in common - secrecy is the rule.
- Billionaires in Brazil: Understanding How Extreme Wealth and Political Power Overlap Everywhere
Resource Type: Article
Published: 2016
Alex Cuadros spent years covering the billionaire class of Latin America for Bloomberg. A Portuguese-speaking American journalist who spent years based in Brazil, he has now written a highly entertaining and deeply insightful book about the particularly powerful, flamboyant, assertive, and often-crazed class of Brazilian billionaires. Titled Brazillionaires: Wealth, Power, Decadence, and Hope in an American Country, his new book was released yesterday. Brazillionaires contains important lessons far beyond Brazil.
- Connexions Library: Economy, Poverty, Work Focus
Resource Type: Website
Selected articles, books, websites and other resources on the economy and economics.
- Eternity, nature, society and the absurd fantasies of the rich
Resource Type: Article
Published: 2018
The wealthier they are, the more they fear that others will try to take their wealth. No wonder the super-rich are building bunkers to escape the apocalypse.
- Five Reasons the Super-Rich Need Big Government
The Real Welfare Kings and Queens
Resource Type: Article
Published: 2012
Taxes represent payment for society’s many benefits, which get bigger and better as people get richer.
- Forbes 400 list of world's richest people highlights growth of social inequality
Resource Type: Article
Published: 2014
Forbes magazine published its 28th annual list of the world's wealthiest individuals and families on Monday. In all, the research team behind the Forbes Billionaires list found a total of 1,645 billionaires worldwide, with a combined net worth of $6.4 trillion, an increase of $1 trillion from 2013. The number of new billionaires, at 268, was the highest figure in the report's history.
- Giant Leak of Offshore Financial Records Exposes Global Array of Crime and Corruption
Millions of documents show heads of state, criminals and celebrities using secret hideaways in tax havens
Resource Type: Article
Published: 2016
A massive leak of documents exposes the offshore holdings of current and former world leaders, politicians , public officials, and wealthy individuals around the world.
- Global inequality, illustrated, described, explained
Resource Type: Article
Published: 2014
Global inequality depitcted through images and quotes.
- How Rich Are the 400 Richest Americans?
And What They Do With Their Money
Resource Type: Article
Published: 2014
According to Forbes, a leading business magazine, the combined wealth of the 400 richest Americans has now reached the staggering total of $2.3 trillion. This gives them an average net worth of $5.7 billion – an increase of 14 percent over the previous year.
- How the One Percenters Divorce: Offshore Intrigue Plays Hide and Seek with Millions
Firm that practices no matrimonial law nonetheless plays big role when the superrich around the globe decide to split
Resource Type: Article
Published: 2016
Offshore companies used 'in a game of hide and concealment' after marriages break down
Documents list luxury cars and yachts, lavish homes, and art collections. Spouses face a costly battle to prove ownership of offshore assets in protracted divorce proceedings.
- Killing the Host
How Financial Parasites and Debt Bondage Destroy the Global Economy
Resource Type: Book
Published: 2015
In Killing the Host, economist Michael Hudson exposes how finance, insurance, and real estate (the FIRE sector) have seized control of the global economy at the expense of industrial capitalism and governments.
- Millions in poverty get less coverage than 482 billionaires
New FAIR study documents TV news' lack of interest in poor
Resource Type: Article
Published: 2014
FAIR uses data from CBS, ABC, and NBC to conduct a study on how much the media reports on poverty, concluding that there is not very much coverage of people in poverty.
- The Myth of the Good Corporate Citizen
Democracy Under the Rule of Big Business
Resource Type: Book
Published: 1998
Dobbin argues that transnational corporations (TNG's) have power over every nation's government; they are not the good citizens they claim to be.
- Other Voices: The Connexions Newsletter - May 7, 2016
Tax Evasion
Resource Type: Serial Publication (Periodical)
Published: 2016
Employing a network of accountants, tax lawyers, corporate shells, tax havens, secret bank accounts, and other methods, the 1% have become extremely adept at evading even the low rates of taxation they are subjected to.
- The Paranoia of The Superrich And Superpowerful
Resource Type: Article
Published: 2013
The United States is in favor of stability. But you have to remember what stability means. Stability means conformity to U.S. orders. We “stabilize” countries when we invade them and destroy them.
- Plutocracy in America
Runaway Exploitation
Resource Type: Article
Published: 2013
Arguments for categorizing America as a plutocracy (a government of the rich and for the rich).
- Protesters cast shadow over US billionaires' rally in the sun
Koch brothers to host rightwing politicians and business leaders to discuss how to influence politics
Resource Type: Article
Published: 2011
The Koch brothers' annual rally of rich Americans and rightwing media figures was hosted to raise money for anti-government think tanks and climate change denial. This year a counter rally was orgnaized by Common Cause.
- The Quick and The Dead
Brian Mulroney, Big Business And The Seduction Of Canada
Resource Type: Book
Published: 1991
McQuaig argues that since 1984, there has been a systematic transfer of power in Canada from the democratically elected government to the private sector.
- Quotes about Wealth and the Rich
Resource Type: Unclassified
- The Rich and the Super-Rich
Resource Type: Book
Published: 1969
- State of Power 2014
Resource Type: Article
Published: 2014
A report with iinfographics and essays that expose and analyse the principal power-brokers that have caused financial, economic, social and ecological crises worldwide.
- Tax Evasion
Introduction to the May 21, 2016 issue of Other Voices
Resource Type: Article
Published: 2016
The essence of the capitalist economic system is the drive to accumulate as much as possible, by any means possible. It is almost inevitable, therefore, that those – individuals or corporations – whose existence revolves around accumulating capital will seek to avoid paying taxes.
- Three Big Lies of the Super-Rich
Why Being in the Highest Class Doesn't Mean You're a High Class Person
Resource Type: Article
Published: 2012
The conservative spin of the media is designed to protect the rich from challenge.
- Top 1 percent own more than half of world's wealth
Resource Type: Article
Published: 2015
A new report issued by the Swiss bank Credit Suisse finds that global wealth inequality continues to worsen and has reached a new milestone, with the top 1 percent owning more of the world’s assets than the bottom 99 percent combined. Of the estimated $250 trillion in global assets, the top 1 percent owned almost exactly 50 percent, while the bottom 50 percent of humanity owned collectively less than 1 percent. The richest 10 percent owned 87.7 percent of the world's wealth, leaving 12.3 percent for the bottom 90 percent of the population.
- TPP a Gift to Plutocrats? Canada's Trade Minister Wrote the Book on Them
Resource Type: Article
Published: 2015
Canada's new trade minister has sitting on her desk the sweeping Trans-Pacific Partnership, a deal some say will accelerate the gap between rich and poor by protecting corporations' interests over those of workers and governments.
- The Trouble With Billionaires
Resource Type: Book
Published: 2010
The glittering lives of billionaires may seem to be a harmless source of entertainment, but authors Linda McQuaig and Neil Brooks argue that such financial power not only threatends everyone's economic and social well-being but also upsets the very functioning of democracy. Our society tends to regard great wealth as evidence of exceptional talent or accomplishment. Yet spectacular fortunes are often attributable to luck, ruthlessness, cheating, or advantageous positioning that allow some to build on the work and insights of others who have paved the way.
- Wealth: Having It All and Wanting More
Resource Type: Article
Published: 2015
Global wealth is increasingly concentrated in the hands of a small wealthy elite. These wealthy individuals have generated and sustained their vast riches through their interests and activities in a few important economic sectors, including finance and insurance and pharmaceuticals and healthcare. Companies from these sectors spend millions of dollars every year on lobbying to create a policy environment that protects and enhances their interests further.
- What Every Environmentalist Needs To Know about Capitalism
A Citizen's Guide to Capitalism and the Environment
Resource Type: Book
Published: 2011
A manifesto for those environmentalists who reject schemes of “green capitalism” or piecemeal reform. Magdoff and Foster argue that efforts to reform capitalism along environmental lines or rely solely on new technology to avert catastrophe misses the point. The main cause of the looming environmental disaster is the driving logic of the system itself, and those in power — no matter how “green” — are incapable of making the changes that are necessary.
- When Plutocrats Blame the Poor
Hard Times Redux
Resource Type: Article
Published: 2012
The image of the self-made man has always been a fiction concocted for the edification of the poor, not a concrete policy prescription, as should be clear by now from the behavior of our very own ‘self-made’ caste of plutocrats.
- Why China's super-rich are now eager to invest in philanthropy
Resource Type: Article
Published: 2015
The country's wealthy elite chase recognition and status by splashing cash on museums and schools, but there may also be a less idealistic motive behind their largesse.
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