Sunday, September 28, 2014

David F. Ruccio — Who wants to be a billionaire?

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


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:

Roger Erickson said...

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?


How to differentiate skill levels?

Community organizers? CoordiMillionairs?
Regional organizers? CoordiBillionairs ?
National organizers? CoordiTrillionairs?

Or just leaders?

Statespeople = ???