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The super-rich : the unjust new world of global capitalism / Stephen Haseler.

Lippincott Library HC79.W4 H375 2000
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Format:
Book
Author/Creator:
Haseler, Stephen, 1942-2017.
Language:
English
Subjects (All):
Wealth.
Rich people.
Capitalism.
Income distribution.
International trade.
Physical Description:
xviii, 208 pages ; 23 cm
Place of Publication:
New York : St. Martin's Press, 2000.
Summary:
This book describes the dangerous growing tensions caused throughout the West by triumphant new global capitalism. The author outlines how a new global super rich caste has emerged during a period in which the traditional "middle class" is facing serious insecurity and income loss. He argues that this new super rich capitalism, if not balanced by a renewal of the state and community, will not only destroy politics and governance, but democracy as well.
Contents:
1 The New World 1
The super-rich 1
Who are the billionaires? 4
Comparisons 7
Richer still, yet richer 10
Getting greedier? 11
Anyone for noblesse oblige? 12
Where is the money? 12
Families and corporations 13
Family inheritance 15
A ruling class? 17
An overclass? 19
'The world is in the hands of these guys' 24
Onward and upward 25
2 The Super-Rich Game 27
The up-escalator to Brazil 27
Capital unbound (globalisation) 29
You ain't seen nothin' yet 31
Fear and blackmail: 'the Faustian pact' 32
Have we been here before? 33
Technology 36
Corporate unbound: space stations circling the Earth 37
Corporations and free trade 40
Hostages to the system: pensions 41
3 The Rest of Us (or the End of the Western Dream) 43
That sinking feeling 43
Inequality 43
Wealth 46
Tolerating inequality 48
The end of the middle class 51
Sinking ships: lower living standards 52
Flexible labour (part-time working) 54
Hidden unemployment 56
Insecurity 57
The devaluation of wages (and work) 59
Wages versus profits 60
Wages versus inheritance (or the rise of sleeping money) 60
The working poor 61
4 Super-Rich Capitalism: An Audit 63
What capitalism was 63
What capitalism is 64
Popular capitalism? 64
Rights 67
The work ethic 68
Meritocracy 69
Individualism 70
Risk 70
The inheritance culture: a return to feudalism 72
Inheritance: the super-rich welfare state 74
The reactionary nature of the global market 77
The return of aristocracy 79
New capitalism, new values 82
New capitalism, new man 85
5 A World without Politics 87
A distaste for politics 87
Causes 90
The coming world without politics 92
The persistence of politics 93
Politics and the nation-state 94
Business and the Victorian nation 95
Business and the twentieth-century nation 97
Business, democracy and war 101
Politics, business and war 103
The Cold War, politics and business 104
The end of national sovereignty 108
The end of national identity? 114
Individualism and nation 116
The temporary nation 118
The death of the state 120
6 A World without Democracy? 122
Freedom and liberty 123
George Soros and the idea of 'compulsion' 124
The state and the law 125
Conflict resolution and an age of peace 126
People rule 128
Participation 129
Minorities 132
Rights 133
Pluralism 134
7 The Next Phase: The Brave New World of the Minimal State 137
Still triumphant 137
A secular religion 138
Rewriting the history of the state 140
The minimal state 142
The minimal state project 144
Taxes 145
Globalism and the minimalist breakthrough 146
Minimum welfare 147
Minimal regulation 149
Minimal international political order 149
The victory of free trade 151
Free trade ideology 153
Here to stay? 154
The handmaiden state 154
'Bankocracy' 157
Skilling 158
Bailouts 159
Buying the state 161
8 The Hope of Europe 164
A continuous revolution 164
A comeback for the state? 165
Global governance 166
The case of the United States 168
The European Union (and the coming collision with global capital) 169
Defending the EU's social-democratic model 171
The birth of the euro 173
A 'political' euro 174
Teething problems 177
Political trade 178
Taxing mobile capital 180
Reforming the corporation 180
Anglo-America 183
Social democracy 184
Luttwak's dilemma 185
Come back Marx: all is almost forgiven 186.
Notes:
Includes bibliographical references (pages 188-205) and index.
ISBN:
0312230052
OCLC:
187483826

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