Reflections on the Upper Crust

Book - 2014
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Meet the Billionaires: the 1,645 men and women who control a massive share of global assets worth $6.5 trillion. Darrell West reveals what the other 99.99998% of us need to know.

With rich anecdotes and personal narratives, West goes inside the world of the ultra wealthy. Meet U.S. billionaires such as Sheldon Adelson, Michael Bloomberg, David and Charles Koch, George Soros, Tom Steyer, and Donald Trump--as well as international billionaires from around the globe.

The growing political engagement of this small supra-wealthy group raises important questions about influence, transparency, and government performance, and West lays bare the wealthification of politics, including:

* How billionaires can block appointments and legislation they don't like

* Why the supra-wealthy moved into policy advocacy and referenda at the state level

* Why billionaires run for office in more than a dozen countries around the world

Publisher: Washington, D.C. : Brookings Institution Press, [2014]
Copyright Date: ©2014
ISBN: 9780815725824
Branch Call Number: 305.5234 WEST
Characteristics: viii, 269 pages ; 22 cm.


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Jul 01, 2018

This book, published by the Brookings Institution and written by a Brookings member, Darrell M. West, is the perfect example of a disinformation op and why this network of so-called think tanks [Brookings, Heritage Foundation, Cato Institute, American Enterprise Institute, et al.] is nothing more than a disinformation network responsible for generating endless fake news and fake history [I vote Green Party or Socialist, BTW].
The author completely glosses over facts and connections, is quite glib and blithe in his writing, while conveying his beliefs in a most misdirectional and disinformational manner.
He gushes over the Bill and Melinda Gates Foundation, while mentioning Rajat Gupta [McKinsey & Co.] and insider trading, and also that half of the female billionaires reside in China - - but not the connecting factors! Gupta was on the Global Advisory Board of the Gates Foundation, along with Philip Zelikow, conservative minion coordinator of the 9/11 Commission, and Ernesto Zedillo, past president of Mexico, and whom the Mexican gov't attempted, but failed, to extradiate from the USA on multiple counts - - quite the exemplary board!
Rajat Gupta's McKinsey & Co. led the way in the offshoring of American [and other countries'] jobs to China - - probably accounting for the vast amount of McKinsey's revenues. When all those jobs, technology and investments are shipped to China, it's logical that half the female billionaires should be found there - - especially since the majority of them are related to the princelings of China, the founders and their descendants of the Chinese Communist Party.
On p. 148, author West posits that Andrew Carnegie, John D. Rockefeller and Henry Ford benefitted from government-built infrastructure, inferring that they [and especially Carnegie] were just private entrepreneurs!?
Huh??? Andrew Carnegie created his fortune while an employee with the United States government, acting simultaneously as a war profiteer during the Civil War - - his fortune was solely tied to his corrupt, unethical, self-serving position with the gov't. Later, using his gov't contacts to receive sweetheart contracts, he would further enlarge his fortune by war reconstruction profiteering! [Carnegie's boyfriend, Thomas Scott - - creator of that most important financial construct, the holding company - - was Secretary of War and appointed Carnegie to the position of Superintendant of Railways and Telegraphs. Carnegie would later illegally sell submersible vessels to the German gov't during World War I, one of which was used to sink the Lusitania, just as Rockefeller, during World War II, illegelly sold oil to the Nazis through Spain and Switzerland; this was uncovered during the congressional investigations of the 1940s. Now why don't those fake newsies ever convey these items of real history???]
The author writes about // philanthrocapitalism \\ - - what a crock!
The author gushes on about David Rubenstein and the Carlyle Group - - stating that they worked with Booz Allen Hamilton when, at the date of publication of this book, the Carlyle Group OWNED Booz Allen Hamilton!
The author states that Mark Blyth of Brown University is a political scientist, when in actuality he is an economist.
The author's basic premise is that the buying of political influence is somehow new and recent - - dude, this has been going on for centuries, if not time immemorial!
[It would require another 50 pages to continue debunking and correcting all West's drivel!]

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