The Trouble with Billionaires

April 5, 2011

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 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.

The Trouble with Billionaires, by Linda McQuaid and Neil Brooks. Toronto : Viking Canada, 2010. 272 p. ISBN 9780670064199

For more information on the availability of this title from the University of Toronto Libraries catalogue, click here.

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