img Leseprobe Leseprobe

Monopoly Restored

How the Super-Rich Robbed Main Street

Jack Lawrence Luzkow

PDF
ca. 117,69
Amazon iTunes Thalia.de Weltbild.de Hugendubel Bücher.de ebook.de kobo Osiander Google Books Barnes&Noble bol.com Legimi yourbook.shop Kulturkaufhaus ebooks-center.de
* Affiliatelinks/Werbelinks
Hinweis: Affiliatelinks/Werbelinks
Links auf reinlesen.de sind sogenannte Affiliate-Links. Wenn du auf so einen Affiliate-Link klickst und über diesen Link einkaufst, bekommt reinlesen.de von dem betreffenden Online-Shop oder Anbieter eine Provision. Für dich verändert sich der Preis nicht.

Springer International Publishing img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft

Beschreibung

This book is a work of contemporary economic history focusing primarily on the US and the UK. It shows that, historically, much of the wealth of the ultra-wealthy has been based on inheritance, tax evasion, political influence, or wage theft. Today, much of the wealth of the rentier class—the super-rich—is based on income from ownership or control of scarce assets, or assets artificially made scarce. As a result, the super-rich reap much of their wealth from patents, monopolies, and subsidies. Their banks retain the right to speculate on risky derivatives, and their credit-card companies are not limited by usury laws that reduce interest rates. The super-rich have lowered (or escaped) inheritance taxes, shifted much of their income to lower taxed capital gains, practiced wage theft, fought minimum wage laws, outsourced jobs, and resorted to temps and contract labor to avoid unions and decent wages. They use tax havens where trillions of dollars remain untaxed, transfer profits of their intellectual and financial property to subsidiaries in low-tax regimes, and defend for-profit health insurance that is unaffordable and inequitable for millions. This book states in qualitative and quantitative terms how expensive the super-rich have become, why they are unsustainable for the rest of us, and what the way forward to greater economic equality may be. In sum, the super-rich are unaffordable.

Weitere Titel in dieser Kategorie
Cover Modern Money Theory
L. Randall Wray
Cover Building an Olive-Shaped Society
CICC Research, CICC Global Institute
Cover Money and Inflation
Mehdi Chowdhury
Cover The Rise of China’s Innovation Economy
CICC Research, CICC Global Institute
Cover The Long 2020
Subhas Ranjan Chakraborty

Kundenbewertungen

Schlagwörter

2008 crisis, health insurance, capital gains, patents, inequality, Great Recession, monopoly, plutoocracy, subsidies, healthcare, inheritance tax, Wall Street, rents, rentier capitalism, intellectual property, tax havens, taxes