The Trouble With Billionaires: Why Too Much Money At The Top Is Bad For Everyone

Paperback | September 6, 2011

byLinda McQuaig, Neil Brooks

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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.

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From the Publisher

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 i...

Linda McQuaig is an op-ed columnist in the Toronto Star and author of seven national bestsellers, including It’s the Crude, Dude and Shooting the Hippo.

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Format:PaperbackDimensions:304 pages, 8.2 × 5.3 × 0.8 inPublished:September 6, 2011Publisher:Penguin CanadaLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0143174541

ISBN - 13:9780143174547

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Customer Reviews of The Trouble With Billionaires: Why Too Much Money At The Top Is Bad For Everyone

Reviews

Rated 4 out of 5 by from Troubling, compelling and challenging As a thesis, the argument that the rich are getting richer while the rest are not is pretty hard to refute. It's easy to look south and be thankful that we aren't in the dire straits of the American poor, but the case made by The Trouble with Billionaires draws a clear link between the relative success of the ultra-rich and the impoverishment of the rest. This is hardly a mainstream idea, though it appears that it should be. The book is very readable and makes a compelling case for resetting our taxes to more progressive levels. The challenge for the reader is clealy going to be "how?" since none of our major parties are on side and the public debate isn't there yet. I'd really like to see the book get a lot of coverage and start the debate -- so I'm going to start by giving a few copies to friends for Christmas. Recommended!
Date published: 2010-10-06