Billionaires' Ball: Gluttony and Hubris in an Age of Epic Inequality

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Beacon Press, Mar 26, 2013 - Business & Economics - 268 pages
10 Reviews
The concentration of wealth today in such a small number of hands inevitably created a dynamic that led to freewheeling financial speculation--a dynamic that produced similarly disastrous results in the last great age of inequality, in the 1920s. Such concentrated economic power reverberates throughout society, threatening the quality of life and the very functioning of democracy. As McQuaig and Brooks illustrate, it's no accident that the United States claims the most billionaires but suffers from among the highest rates of infant mortality and crime, the shortest life expectancy, and the lowest rates of social mobility and electoral political participation in the developed world. 

In Billionaires' Ball, McQuaig and Brooks take us back in history to the political decisions that helped birth our billionaires, then move us forward to the cutting-edge research into the dangers that concentrated wealth poses. Via vivid profiles of billionaires--ranging from philanthropic capitalists such as Bill Gates to hedge fund king John Paulson and the infamous band of Koch brothers--Billionaires' Ball illustrates why we hold dearly to the belief that they "earned" and "deserve" their grand fortunes, when such wealth is really a by-product of a legal and economic infrastructure that's become deeply flawed.

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Review: Billionaires' Ball: Gluttony and Hubris in an Age of Epic Inequality

User Review  - Craig Munier - Goodreads

What if we could provide an $18,000 education trust for every young person in this country to use to go to college or to seek vocational training upon turning 18 years of age? In essence increasing ... Read full review

Review: Billionaires' Ball: Gluttony and Hubris in an Age of Epic Inequality

User Review  - Nadine Dajani - Goodreads

Read this book as "The Trouble with Billionaires", the title under which it was released in Canada a few years ago. Excellent read - far more informative than 'Plutocrats'. Read full review

About the author (2013)

Linda McQuaig is the author of seven Canadian best sellers and has been a national reporter for the Toronto Globe and Mail, a senior writer for Maclean's, and a political columnist for the Toronto Star.

Author of three books, Neil Brooks is director of the Graduate Program in Taxation at Osgoode Hall Law School in Toronto.

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