2022's Lesson? Billionaires Bad, Actually
Tech historian Margaret O'Mara says Musk, like other tech moguls, has long been supported by a myth of the individual genius that is only now being overturned by his erratic decisionmaking, boosting of right-wing conspiracy theories, and incredibly thin-skinned reaction to criticism.
SOURCE: The New Yorker
Would We Be Better Off Without Philanthropists?
Do the gifts of the super-wealthy cancel out the damage done by the unequal system that allows them to accumulate it?
SOURCE: The Drift
XOXO, Ruling Class: Gossip Girl, The O.C., and the New Gilded Age
David Klion looks at TV producer Josh Schwartz's jump from "The OC" to "Gossip Girl" and argues that, after the 2007 financial crisis, popular culture was able to show the sociopathy of the super-rich. `
SOURCE: New York Times
How Will Jeff Bezos Spend His Billions Now?
by Margaret O'Mara
John D. Rockefeller used philanthropy to blunt harsh criticism of his business practices and the social dysfunction represented by his immense wealth. What will his 21st-century analogue Jeff Bezos do for an image-burnishing second act? And will it be about service to the public or service to Bezos?
SOURCE: Washington Post
What new research on slave-owning dynasties tell us about how wealth is really handed down
The contribution of an ambitious new analysis from Leah Boustan of Princeton University, Katherine Eriksson of the University of California at Davis and Philipp Ager of the University of Southern Denmark.
SOURCE: Time Magazine
The 10 richest people of all time
The list includes Bill Gates and somebody you never heard of: Mansa Musa.
The richest Americans in history
by Steve Hargreaves
Silicon Valley may be minting billionaires today, but tech wealth doesn't touch the riches of the robber barons.
SOURCE: The New Republic
Another rich guy says populists are like Nazis
Remember the story about the rich guy comparing left-wing populism to Nazism? It’s happening again, only this time it’s a different rich guy.
SOURCE: The New Republic
Gregory Clark: Family weath lasts 10 to 15 generations
Clark is an historian of social mobility.
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