Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today's Crises
(eAudiobook)

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Average Rating
Published
Berrett-Koehler Publishers, 2023.
Status
Available Online

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Physical Description
6h 27m 6s
Format
eAudiobook
Language
English
ISBN
9781523004805

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Citations

APA Citation, 7th Edition (style guide)

Marjorie Kelly., Marjorie Kelly|AUTHOR., & Tiffany Williams|READER. (2023). Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today's Crises . Berrett-Koehler Publishers.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Marjorie Kelly, Marjorie Kelly|AUTHOR and Tiffany Williams|READER. 2023. Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today's Crises. Berrett-Koehler Publishers.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Marjorie Kelly, Marjorie Kelly|AUTHOR and Tiffany Williams|READER. Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today's Crises Berrett-Koehler Publishers, 2023.

MLA Citation, 9th Edition (style guide)

Marjorie Kelly, Marjorie Kelly|AUTHOR, and Tiffany Williams|READER. Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today's Crises Berrett-Koehler Publishers, 2023.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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Grouped Work IDe11362ce-9e64-f287-671b-e89818e5268a-eng
Full titlewealth supremacy how the extractive economy and the biased rules of capitalism drive todays crises
Authorkelly marjorie
Grouping Categorybook
Last Update2024-05-15 02:01:00AM
Last Indexed2024-05-16 05:16:40AM

Book Cover Information

Image Sourcehoopla
First LoadedMay 7, 2024
Last UsedMay 7, 2024

Hoopla Extract Information

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    [synopsis] => This powerful analysis explains how the bias toward wealth that is woven into the very fabric of American capitalism is damaging people, the economy, and the planet and explores 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-that is, 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 sphere of influence 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 nonextractive capitalism that would be subordinate to the public interest. This is an ambitious reimagining of the very foundations of our economy and society. This powerful analysis explains how the bias toward wealth that is woven into the very fabric of American capitalism is damaging people, the economy, and the planet and explores what the foundations of a new economy could be.
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