"From the New York Times's Global Economics Correspondent, a masterwork of reporting and explanatory journalism that exposes how billionaires' systematic plunder of the world has transformed 21st century life and dangerously destabilized democracy"-- The history of the last half century in America, Europe, and other major economies is in large part the story of wealth flowing upward. The most affluent people emerged from capitalism's triumph in the...

"Confronted by the terrifying trends of the early twenty-first century - widening inequality, environmental destruction, and the immiseration of millions of workers around the world - many economists and business leaders still preach dogmas that lack evidence and create political catastrophe: Private markets are always more efficient than public ones; investment capital flows efficiently to necessary projects; massive inequality is the unavoidable...