Wealth vs. Work: How 1% Victimize 99% is about the vanishing American dream, growing inequality inAmerica, shrinking and struggling middle class, plight of labor and unions, economic decline of the nation, and a broken and unstable world surrounding theU.S. Education is no longer the great equalizer. We are heading toward a world where inherited privilege trumps excellence and meritocracy. Carried far enough, it means the end of striving and the American dream. Few Americans realize or want to admit it. Since recorded history, workers have been victimized by the rich and super rich, treated as fungible and disposable. The early warlords and monarchs have been replaced by the “titans” of industry and “masters of the universe” on Wall Street. The slaves, peasants and serfs have been replaced by miners, factory workers, and service-sector workers. The GM model of the 1950s and 1960s (that permitted labor to become middle class) has been replaced by the Wal-Mart model—characterized by low pay and minimal benefits. By 2025, the economic output of China and India may likely each exceed the U.S. Moreover, the U.S. work force is being increasingly displaced by technology and outsourcing. But we are supposed to be the lucky ones! By historical and geographical accident, the U.S. has been spared most of the world’s poverty and misery. Today, however, the U.S. is heading towards a financial oligarchy—much worse than the aristocratic old world that our Founding Fathers feared and tried to avoid. Yes, the U.S. had a revolution, but in fact it has a new and more powerful elite because the economic pie has expanded several thousand fold since the yeoman farmers’ status was compared to the plantation owner. Right now the top 1 percent in the U.S. own nearly 40 percent of the nation’s wealth; moreover, their investments, capital gains and dividends are taxed at a lower rate than workers’ salaries. Like all great civilizations that have declined before us, we are a nation that needs to re-examine its ideals and institutions.
"Originally published in 2010 in the United States by London House Press. This edition issued based on the hardcover edition published in 2014 in the United States by Simple Truths, an imprint of Sourcebooks"--Title page verso.
" In 1881, he gave a library to his hometown of Dunfermline, Scotland. In 1889, he spelled out his belief that the rich should use their wealth to help enrich society, in an article called "The Gospel of Wealth" this book.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
This book shows you learn not only how to strike out on your own, but how to make your entrepreneurial dream a success. Phil Laut (Charlotte, NC), self-published Money Is My Friend in 1979 and sold 400,000 copies in 18 languages.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations.
Reward Work, Not Wealth
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
With this book as your guide, you'll quickly discover how to earn more than you ever thought possible, create a solid financial base, and protect those assets.