18 posts tagged with wealth and rich.
Displaying 1 through 18 of 18. Subscribe:

"there were echoes ... of a Gilded Age critique of plutocracy"

Before Greed: Americans Didn't Aways Yearn For Riches. A response: An Embarassement Of Riches: Literature And The Ethics Of Wealth In The Gilded Age. Both from Boston Review. [more inside]
posted by the man of twists and turns on Mar 7, 2013 - 19 comments

Gold plating the cuckoo clock

BBC: Some 70% of Swiss voters appear to have supported plans to give shareholders a veto on compensation and ban big payouts for new and departing managers, projected referendum results suggest. One of the organisers of the referendum, Brigitte Moser Harder, told the BBC she thought the Swiss people agreed with the proposals because the gap between rich and poor had become wider. "From the beginning, 2006, we had the support of the people of Switzerland because you know not everybody in Switzerland is rich." [more inside]
posted by Wordshore on Mar 3, 2013 - 15 comments

Rich Blocks, Poor Blocks

See how much money people make in every neighborhood in every city in America with Rich Blocks, Poor Blocks, a map that displays wealth distributions across US cities (and states).
posted by EvaDestruction on Jan 4, 2013 - 59 comments

If Only T. Boone Pickens Had Died

T. Boone Pickens and other wealthy, elderly Oklahoma State alums decided to participate in a scheme named "Call of a Lifetime", where they would allow the university to take out $10 million life insurance policies on them. What could go wrong?
posted by reenum on Oct 7, 2012 - 66 comments

"Just the idea of holding money can make people selfish."

How Money Makes People Act Less Human: Earlier this year, [Paul] Piff, who is 30, published a paper in the Proceedings of the National Academy of Sciences that made him semi-famous. Titled “Higher Social Class Predicts Increased Unethical Behavior,” it showed through quizzes, online games, questionnaires, in-lab manipulations, and field studies that living high on the socioeconomic ladder can, colloquially speaking, dehumanize people. It can make them less ethical, more selfish, more insular, and less compassionate than other people. It can make them more likely, as Piff demonstrated in one of his experiments, to take candy from a bowl of sweets designated for children. “While having money doesn’t necessarily make anybody anything,” Piff says, “the rich are way more likely to prioritize their own self-interests above the interests of other people. It makes them more likely to exhibit characteristics that we would stereotypically associate with, say, assholes.”
posted by Mooski on Jul 3, 2012 - 70 comments

Wealthy French Want to be Taxed More

16 of France's mega-rich signed a petition urging the goverment to raise their taxes. Despite relatively high taxes and a wealth tax signatories such as the L'Oreal heir and the head of a major oil company, Total, are asking the government to raise their taxes to help solve the country's financial issues. Original petition (French).
posted by stp123 on Aug 23, 2011 - 95 comments

Last-Place Aversion: Why America's Poor May Not Be as In Favor of Taxing The Rich as You'd Think

Poverty may be miserable. But being able to feel a bit better-off than someone else makes it a bit more bearable. Economists from the National Bureau of Economic Research suggest that people near the bottom end of financial inequity are less likely to be in favour of programs that will help increase their income if those programs will also help those lower on the scale than they are.
...the authors of the new paper argue that people don’t like to be at the bottom. One paradoxical consequence of this “last-place aversion” is that some poor people may be vociferously opposed to the kinds of policies that would actually raise their own income a bit but that might also push those who are poorer than them into comparable or higher positions. The authors ran a series of experiments where students were randomly allotted sums of money, separated by $1, and informed about the “income distribution” that resulted. They were then given another $2, which they could give either to the person directly above or below them in the distribution. The people who were a spot away from the bottom were the most likely to give the money to the person above them..
This may also explain why Warren Buffet's cry to stop coddling the rich (previously) will continue to fall on deaf ears.
posted by asnider on Aug 16, 2011 - 137 comments

Outliers

The World Top Incomes Database (click on "Graphics" and select countries, years and other variables) (via)
posted by vidur on Jun 7, 2011 - 5 comments

Tax Facts Hardly Anyone Knows

9 Things The Rich Don't Want You To Know About Taxes - "4. Many of the very richest pay no current income taxes at all: Paulson made himself $9 billion in fees in just two years. His current tax bill on that $9 billion? Zero... 9. Other countries do it better: no one in Germany or the rest of the modern world goes broke because of accident or illness" (via) [more inside]
posted by kliuless on Apr 18, 2011 - 191 comments

The Rise of the New Global Elite

The Rise of the New Global Elite The new global elite are fabulously wealthy, cosmopolitan, philanthrocapitalist, entrepreneurial, highly driven, frequently self-made, and confident they deserve their success. They are also often unsympathetic to the middle classes of the developed world. Said one senior executive: "...if the transformation of the world economy lifts four people in China and India out of poverty [and] one American drops out of the middle class...that's not such a bad trade."
posted by shivohum on Jan 16, 2011 - 70 comments

The Largest Home In The World

The newest and most exclusive residential tower for this city’s superrich is a cantilevered sheath of steel and glass soaring 27 floors into the sky. The parking garage fills six levels. Three helipads are on the roof. There are terraces upon terraces, airborne swimming pools and hanging gardens in a Blade Runner-meets-Babylon edifice overlooking India’s most dynamic city. There are nine elevators, a spa, a 50-seat theater and a grand ballroom. Hundreds of servants and staff are expected to work inside. And now, finally, after several years of planning and construction, the residents are about to move in. All five of them. [more inside]
posted by Joe Beese on Oct 29, 2010 - 84 comments

Neuroses of the Rich and Famous

Psychotherapy in the Age of Obscene Wealth
posted by Weebot on Jul 9, 2008 - 67 comments

Richer than Croesus?

The Sunday Times have published the 2008 edition of their annual Rich List. The full list of the 1000 wealthiest people in Britain is not online yet but they have published a list of the top 150 (pdf). So now you're richer than Croesus what do you spend your wealth on? [more inside]
posted by electricinca on Apr 27, 2008 - 28 comments

Mucho Denero

Bill Gates no longer the Richest private citizen in the world. In other news, Larry Ellison still doesn't have any eyebrows.
posted by delmoi on Jul 4, 2007 - 38 comments

For the privileged few...

Just how rich are you? The worlds 225 richest people have a combined wealth greater than the poorest 2.5 billion people. Where do you fit into the picture? via b3ta
posted by carfilhiot on Sep 5, 2003 - 63 comments

Robin Hood Mentality

Soaking the Rich This post probably won't be very well received in this forum which is mostly consisted of lefties, but can you really justify stealing such a disproportionate amount from the rich?

Conventional wisdom holds, correctly, that income inequality has been increasing in recent years, though it still isn't as great now as in some past periods. But while incomes are distributed unequally, the federal tax burden is distributed far more unequally.
posted by VeGiTo on Apr 11, 2003 - 108 comments

40 Richest Americans Under 40

40 Richest Americans Under 40 And how was your year? Tiger just makes it with $160 million, but the ladies are shut out.
posted by owillis on Sep 6, 2001 - 22 comments

Bill Gates is no longer the world's richest person.

Bill Gates is no longer the world's richest person. According to the Sunday Times, Gates has been superceded by an equally evil supermarket tycoon.
posted by andrewraff on Apr 23, 2001 - 36 comments

Page: 1