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Titlebook: Monopoly Restored; How the Super-Rich R Jack Lawrence Luzkow Book 2018 The Editor(s) (if applicable) and The Author(s), under exclusive lic

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书目名称Monopoly Restored
副标题How the Super-Rich R
编辑Jack Lawrence Luzkow
视频video
概述Uses a contemporary economic history framework to examine how the super-rich cause rising inequality by extracting wealth from other classes.Argues that the super-rich corrupt democracy by converting
图书封面Titlebook: Monopoly Restored; How the Super-Rich R Jack Lawrence Luzkow Book 2018 The Editor(s) (if applicable) and The Author(s), under exclusive lic
描述This book is a work of contemporary economic history focusing primarily on the US and the UK. It shows that, historically, much of the wealth of the ultra-wealthy has been based on inheritance, tax evasion, political influence, or wage theft. Today, much of the wealth of the rentier class—the super-rich—is based on income from ownership or control of scarce assets, or assets artificially made scarce. As a result, the super-rich reap much of their wealth from patents, monopolies, and subsidies. Their banks retain the right to speculate on risky derivatives, and their credit-card companies are not limited by usury laws that reduce interest rates. The super-rich have lowered (or escaped) inheritance taxes, shifted much of their income to lower taxed capital gains, practiced wage theft, fought minimum wage laws, outsourced jobs, and resorted to temps and contract labor to avoid unions and decent wages. They use tax havens where trillions of dollars remain untaxed, transfer profits of theirintellectual and financial property to subsidiaries in low-tax regimes, and defend for-profit health insurance that is unaffordable and inequitable for millions. This book states in qualitative and qu
出版日期Book 2018
关键词rents; rentier capitalism; subsidies; monopoly; patents; intellectual property; taxes; tax havens; inequalit
版次1
doihttps://doi.org/10.1007/978-3-319-93994-0
isbn_softcover978-3-030-06767-0
isbn_ebook978-3-319-93994-0
copyrightThe Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl
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978-3-030-06767-0The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl
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