Stinking Rich

£12.99

Stinking Rich

The Four Myths of the Good Billionaire

Social classes Political economy Business ethics and social responsibility

Author: Carl Rhodes

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Language: English

Published by: Bristol University Press

Published on: 21st January 2025

Format: LCP-protected ePub

Size: 218 pages

ISBN: 9781529239126


Billionaires are an ultra-elite social class whose numbers are growing alongside their obscene wealth while others struggle, suffer or even die.

They represent a scourge of economic inequality, but how do they get away with it? A set of dangerous and deceptive inter-connected myths portrays them as a ‘force for good’:

-the ‘heroic billionaire’

asserts they are gallant protagonists of the American Dream gone global

-the ‘generous billionaire’

pretends that their philanthropic efforts and personal good deeds should be lauded for generosity and benevolence

-the ‘meritorious billionaire’

insists that extreme wealth is a worthy reward for individual hard work and talent

-the ‘vigilante billionaire’

claims to be able to solve the world’s biggest problems where bureaucrats and politicians have failed.

Each of these myths enables billionaire wealth and power to set us back to old-style feudalism and plutocracy.

Offering a trenchant critique, this incisive book testifies to the growing international political will to take concrete actions in supporting economic justice and democratic equality.

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