Wealth supremacy How the extractive economy and the biased rules of capitalism drive today's crises
Book - 2023
"Author of The Divine Right of Capital exposes the myths of capitalism today and calls for an end to wealth supremacy and capital bias. Wealth Supremacy makes a case that no one else is making: instead of pointing to billionaires as the sole problem or being another analysis of wealth inequality, it clearly articulates the pervasive, unnamed bias toward wealth that invisibly pervades the system. We know the system is rigged-what isn't commonly understood is how. Marjorie Kelly skillfully reveals how bias toward capital works, breaking down the pretenses that legitimize and obscure the deep operating system that drives large corporations and extractive investing"--
Saved in:
- Subjects
- Published
-
Oakland, CA :
Berrett-Koehler Publishers, Inc
[2023]
- Language
- English
- Main Author
- Edition
- First edition
- Physical Description
- viii, 246 pages : illustrations ; 23 cm
- Bibliography
- Includes bibliographical references (pages 199-224) and index.
- ISBN
- 9781523004775
- Foreword
- Part I. Naming the Unnamed
- 1. Who Will Own the Earth? Two Paths to Our Future
- 2. To Form That More Perfect Union: From Extractive Capitalism to a Democratic Economy
- 3. Naming Shapes Reality: Wealth Supremacy and Capital Bias
- 4. Calling Out the Deep Forces at Work: White Supremacy Entangled with Wealth Supremacy
- Part II. The Myths of Wealth Supremacy
- 5. No Amount of Wealth Is Ever Enough: The Myth of Maximizing
- 6. Expanding Wealth Is a Sacred Obligation: The Myth of Fiduciary Duty
- 7. The Unseen Underside of Wealth: It's About Extracting from the Rest of Us
- 8. Workers Are Not Members of the Corporation: The Myths of Corporate Governance and the Income Statement
- 9. Ecological and Societal Damages Are Not Real: The Myth of Materiality
- 10. The First Duty of Government Is to Protect Wealth: The Myths of the Free Market and Takings
- 11. Extraction in the Extreme: How Financialization Drives Today's Crises
- 12. A Society Half Plutocratic, Half Democratic: The Crisis of Democracy
- Part III. Where We Begin
- 13. Breaking the Trance: We Participate in System Change When We Change Our Minds
- 14. Pranks, New Naming, and Other Subversive Acts: Helping Others to Awaken
- 15. The Democratic Economy: Imagining Its Design, Seeing Its Models Demonstrated
- 16. Democratizing Finance: Pathways Toward a Next System of Capital
- 17. Beginning Where You Live: Building Community Wealth
- Conclusion: We're Not Talking
- About the Real Problem Yet
- Discussion Guide.
- Notes
- Resources for Action
- Acknowledgments
- Index
- About the Author
