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by Stephen Armstrong

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Author: Stephen Armstrong
ISBN: 1849010412
Language: English
Pages: 254 pages
Category: Economics
Publisher: Constable & Robinson (April 15, 2010)
Rating: 4.3
Formats: txt azw lrf mobi
FB2 size: 1150 kb | EPUB size: 1146 kb | DJVU size: 1564 kb

A journalist and broadcaster, Stephen Armstrong writes for the Sunday Times, the Guardian, GQ, Esquire and the New Statesman amongst others.

A journalist and broadcaster, Stephen Armstrong writes for the Sunday Times, the Guardian, GQ, Esquire and the New Statesman amongst others. He contributes documentaries and columns to Radio 4 and is currently working with al-jazeera on a film based around his recent book War Plc - the rise of the new corporate mercenary, which sold out its first print run in 10 days. His first book, The White Island, was published in 2005.

Start reading The Super-Rich Shall Inherit the Earth on your Kindle in under a minute. Journalist Stephen Armstrong shows how in Brazil, Russia, India and China, government-private sector alliances are producing corporate states

Start reading The Super-Rich Shall Inherit the Earth on your Kindle in under a minute. Journalist Stephen Armstrong shows how in Brazil, Russia, India and China, government-private sector alliances are producing corporate states. He warns that we in Britain have our own & and anti-democratic oligarchy'. These states assume private debts. In November 2008 Russia's government agreed to lend the oligarchs billions of dollars to save their fortunes. Lakshmi Mittal, Britain's richest man, gets large tax-breaks and loans of public money, while he cuts costs by ignoring pollution and safety.

Start by marking The Super-Rich Shall Inherit the Earth as Want to Read . It was OK. I read it because I find the topic ( described in the title and subtitles of the cover of the book )very interesting.

Start by marking The Super-Rich Shall Inherit the Earth as Want to Read: Want to Read savin. ant to Read. It was an easy read, full of stories about how some individuals around the world became to be oligarchs; the book exposes some of the nasty practices employed by those oligarchs to reach to the top.

Stephen Armstrong (author). The rise of men whose personal wealth and power far outranks most of the companies in these books should alarm these concerned citizens - and encourage them to find out more.

Books related to The Super-Rich Shall Inherit the Earth. More by Stephen Armstrong. The Growth Map. Jim O'Neill. War plc. Stephen Armstrong. The Road to Wigan Pier Revisited.

by Stephen Armstrong. In 2000 No Logo described a vision of rapacious corporations building brands at the expense of impoverished third world employees and ripped-off first world consumers.

Packaging should be the same as what is found in a retail store, unless the item is handmade or was packaged by the manufacturer in non-retail packaging, such as an unprinted box or plastic bag. See details for additional. See details for additional description. The Super-Rich Shall Inherit the Earth The New Global Oligarachs and How They're Taking Over our Wor by Stephen Armstrong 9781849010412 (Paperback, 2004) Delivery UK delivery is usually within 7 to 9 working days.

Tell us if something is incorrect. The Super Rich Shall Inherit the Earth. Partner Stephen Armstrong.

Tietoja kirjoittajasta. A journalist and broadcaster, Stephen Armstrong writes for the Sunday Times, the Guardian, GQ, Esquire and the New Statesman amongst others. He contributes documentaries and columns to Radio 4 and is currently working with al-jazeera on a film based around his recent book War Plc - the rise of the new corporate mercenary, which sold out its first print run in 10 days

Blessed are the shepherds, they shall inherit the earth. I see the shepherd as inheriting the earth.

Blessed are the shepherds, they shall inherit the earth. I’m sure the meek are wonderful people, however, meekness isn’t a characteristic you would need in a time of stress. A shepherd may be thought of as a meek character with a simple staff who tends to a flock of fragile creatures. The shepherd may appear meek, but he’s filled with the characteristic of praus. Dialogue & Discourse. News and ideas worthy of discourse.

Recent years have seen the rise of a new and insidious club of global billionaires who are buying up once unfashionable industries from distressed third-world nations and former communist powers. This book explains the implications of this worrying trend and what it means for the worldwide economy.
Comments (2)
Ffel
Journalist Stephen Armstrong shows how in Brazil, Russia, India and China, government-private sector alliances are producing corporate states. He warns that we in Britain have our own `cronyistic and anti-democratic oligarchy'.

These states assume private debts. In November 2008 Russia's government agreed to lend the oligarchs billions of dollars to save their fortunes. Lakshmi Mittal, Britain's richest man, gets large tax-breaks and loans of public money, while he cuts costs by ignoring pollution and safety.

Wall Street has 3,000 lobbyists, five for every member of Congress, to oppose all regulation. Wall Street spent, between 1998 and 2008, $3.4 billion on lobbyists and $1.27 billion on political `gifts'.

Goldman Sachs was given $1.65 billion tax-exempt Liberty Bonds to build its new HQ in New York. In exchange, it said it would give $4.5 million for a community centre.

In September 2008, the US government gave $85 billion to AIG, which then gave Goldman Sachs its full $13 billion (other banks were lucky to get 13 per cent of what they were owed). In July 2009, Sachs paid its senior partners $11.4 billion in bonuses.

Goldman Sachs alumni include the heads of Canada's and Italy's national banks, the head of the World Bank, the head of the New York Stock Exchange, the last two heads of the Federal Reserve Bank, the CEOs of Merrill Lynch and Citigroup, President Clinton's Treasury Secretary, President Bush's and President Obama's Treasury Secretary, and Obama's chief of staff.

Goldman Sachs people caused the crash, they worked in the administrations that prevented effective regulation and then they took our money to cover their losses. It was the biggest heist in history - give us $700 billion or we'll crash the market.

In 2002-07, Britain's financial firms paid £203 billion in taxes, far less than the money we gave to save them in 2008 - £289 billion, rising to a possible £1.2 trillion. The City accounts for 8 per cent of our GDP, 6.5 per cent of jobs.

In 1998, Labour introduced taper relief, which cut capital gains tax on investments held for 10 years to just ten per cent. The biggest gainers are private equity companies, which borrow money to buy healthy companies, sack the workers, break up the businesses, and then sell them on at huge profits. Selling asset-stripped companies counts as a capital gain. One private equity chief said it was odd that he paid less tax than his cleaner.

Brown claimed his measure would increase investment. In fact, private equity funds don't invest in new capital equipment or R&D. These companies are asset-stripping vultures. As Thatcher's idol Friedrich Von Hayek said, "social justice is an empty phrase."

Future crises are inevitable. When financiers take risks and fail, governments bail them out, which encourages the financiers to take even larger risks, and so on.

As Armstrong writes, "Hedge funds, tax havens, complex corporate vehicles, private equity companies - they are anti-democratic." We need `to reassert democratic control over the market'.
Rleyistr
This is undeniably an exposure to ealth at its zenith. Mortals playing God with mega resources. Being write or not is left for you to judge. The world is indeed our oyster.