♥ Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else Chrystia Freeland

231614
Ebook

ESSAY 2011 The China Syndrome economists—David Autor, David Dorn, and Gordon Hanson

"The Marshall effect, the Rosen effect, and the Martin effect are all about the ways in which superstars are able to be better paid for the value they create—thanks to richer clients (Marshall), more clients (Rosen), and better terms of trade with their financial backers (Martin). The multiplier effect that Saint Matthew observed is what makes all these drivers of superstardom so powerful: the superstar phenomenon feeds on itself"

"On January 11, 1991, Jeffrey Katzenberg, then CEO of Walt Disney Studios, sent a memo to his thirteen top executives titled “The World Is Changing: Some Thoughts on Our Business.” Despite its bland title, the twenty-eight-page note was instantly leaked to the press, probably by Katzenberg himself, and it swiftly became the most read prose in Hollywood. “We are entering a period of great danger and ever greater uncertainty,” the memorandum began. The change Katzenberg was worried about? The rise of superstars."

Clayton Christensen, the Harvard Business School professor whose book The Innovator’s Dilemma is the corporate bible on disruptive change, has found that established companies almost always fail when their industries are confronted with disruptive new technologies

66% Yes they are planning a new Galt's Gulch its called Dubai. They have built a playground for the super rich for them to flee to once they have exhausted the resources of this country. We are not invited.

68%   heres the difference or the evolution of Dems:

"The life choices of Democratic first families tell a similar story. Amy Carter, who came of age in the White House, took part in anti-apartheid protests at the South African embassy in 1985 (for which she was arrested). She met her husband at an Atlanta bookstore where he was a manager and she was a part-time employee. Chelsea Clinton, the next Democratic daughter, has worked at a hedge fund and as a management consultant. Her husband, a fellow legacy Democrat, worked at Goldman Sachs before they married and went on to set up his own hedge fund."

Books:

Winner-Take-All Politics: How Washington Made the Rich Richer--and Turned Its Back on the Middle Class Paperback
by Jacob S. Hacker  (Author), Paul Pierson  (Author)

The Winner-Take-All Society: Why the Few at the Top Get So Much More Than the Rest of Us Paperback
by Robert H. Frank  (Author), Philip J. Cook (Author)

Winner Takes All: Steve Wynn, Kirk Kerkorian, Gary Loveman, and the Race to Own Las Vegas Paperback
by Christina Binkley

69.8% "When Treasury Secretary Henry Paulson went to Congress last fall arguing that the world as we knew it would end if Congress did not approve the $700 billion bailout, he was serious and speaking in good faith. And to an extent he was right: His world—the world he lived and worked in—would have ended had there not been a bailout,” Zingales argues. “But Henry Paulson’s world is not the world most Americans live in—or even the world in which our economy as a whole exists.”"
To think of that fool literally down on his knees begging to save his buddies just sickens me.

Good book. Always good to check in with other half and see how well they are doing.They pretty much have it sewed up. Congratulations.