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Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capital...
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Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capital...
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Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capital...

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    eBay item number:136316503838
    Last updated on Sep 14, 2025 04:36:28 SGTView all revisionsView all revisions

    Item specifics

    Condition
    Good: A book that has been read but is in good condition. Very minimal damage to the cover including ...
    Release Year
    2023
    ISBN
    9781523004775
    Category

    About this product

    Product Identifiers

    Publisher
    Berrett-Koehler Publishers, Incorporated
    ISBN-10
    1523004770
    ISBN-13
    9781523004775
    eBay Product ID (ePID)
    18058808792

    Product Key Features

    Book Title
    Wealth Supremacy : How the Extractive Economy and the Biased Rules of Capitalism Drive Today's Crises
    Number of Pages
    256 Pages
    Language
    English
    Topic
    Political Economy, Social Classes & Economic Disparity, Free Enterprise
    Publication Year
    2023
    Illustrator
    Yes
    Genre
    Political Science, Social Science, Business & Economics
    Author
    Marjorie Kelly
    Format
    Trade Paperback

    Dimensions

    Item Height
    0.6 in
    Item Weight
    12.6 Oz
    Item Length
    9 in
    Item Width
    6 in

    Additional Product Features

    Intended Audience
    Trade
    LCCN
    2023-007147
    Dewey Edition
    23/eng/20230314
    Dewey Decimal
    330.1/6
    Synopsis
    In a democratic society founded on the truth that all persons are created equal, we have permitted an economic system based on the contrary principle that wealthy persons matter more than others. It's no accident the wealthy have privileged access to politics, the justice system, corporate governance, and more. That's why Marjorie Kelly says we need a new system-beyond capitalism and socialism. Kelly exposes seven myths that perpetuate wealth supremacy-such as the myth that no amount of wealth is ever enough. She reveals how wealth grows by extracting from the rest of us and how this relentless extraction is the root of many crises we face. Highlighting alternative economic models already in place that can form the foundations of a new, more democratic economy, Kelly offers pathways we can take to get there., A powerful analysis of how the bias towards wealth that is woven into the very fabric of American capitalism is damaging people, the economy, and the planet, and what the foundations of a new economy could be. This bold manifesto exposes seven myths underlying wealth supremacy, the bias that institutionalizes infinite extraction of wealth by and for the wealthy, and is the hidden force behind economic injustice, the climate crisis, and so many other problems of our day- The Myth of Maximizing- No amount of wealth is ever enough. The Myth of Fiduciary Duty- Corporate managers' most sacred duty is to expand capital. The Myth of Corporate Governance- Corporate membership must be reserved for capital alone. The Myth of the Income Statement- Income to capital must always be increased, while income to labor must always be decreased. The Myth of Materiality- Profit-material gain-alone is real, while social and environmental damages are not. The Myth of Takings- The first duty of government must be the protection of private property. The Myth of the Free Market- There should be no limits on the field of action of corporations and capital. Kelly argues instead for the democratization of ownership- public ownership of vital services, worker-owned businesses, and more. And she sketches the outlines of a non-extractive capitalism that would be subordinate to the public interest. This is an ambitious reimagining of the very foundations of our economy and society.
    LC Classification Number
    HB251.K45 2023

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