In other words, most billionaires acquired their fortunes—now or in the past—by helping themselves to the surplus created by their employees.Occasional Links & Commentary
Who wants to be a billionaire?
David F. Ruccio | Professor of Economics University of Notre Dame Notre Dame
Also
David Ruccio, Map of the day : the world’s billionairs
Dean Baker, Unmentioned Myth About Billionaires: They Know Anything About Public Policy at CEPR
The Washington Post treated us to "five myths about billionaires" this morning. Incredibly, they missed the most obvious one: that billionaires know anything special about what is good for the country and the world.
1 comment:
We're universally familiar with the concept of a billionaire.
It denotes hoarding of significant STATIC assets.
Yet it's obviously better to have DYNAMIC assets vs static assets. Evolution - and wars - prove that without a doubt.
So what would we call people who hoard coordination skills, rather than static assets?
Coordinairs?
How to differentiate skill levels?
Community organizers? CoordiMillionairs?
Regional organizers? CoordiBillionairs ?
National organizers? CoordiTrillionairs?
Or just leaders?
Statespeople = ???
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