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Recently, it has become increasingly evident that extreme concentrations of wealth and power have profound impacts on our politics, but extreme inequality's influence on our daily lives—and our futures—has been vastly overlooked.
In Burned by Billionaires, author and a senior scholar at the Institute for Policy Studies in Washington, DC, Chuck Collins chronicles how the actions of the top .01% have severe consequences for the rest of us. Collins takes down the "myth of meritocracy," unraveling how the rich rig the game in their favor, resulting in a concentration of wealth in the hands of a tiny (but growing) class of billionaires—leading to intense income and political polarization. Collins charts this economic, social, and ecological destruction and shows how these effects manifest in every facet of our society.
Collins argues that perhaps, worst of all, the concentration of wealth and power is leading to political hijacking, undermining the democratic principle that our votes matter equally. This book is an urgent call-to-action and road map to a more equitable society, where everyone has access to the resources that will allow them to thrive. Burned by Billionaires offers a pointed prescription for taking power back from the billionaire class and achieving the shared prosperity that comes from a healthy and equal society.
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Chuck Collins is a senior scholar at the Institute for Policy Studies in Washington, DC, where he directs the Program on Inequality and coedits Inequality.org. His previous books include Born on Third Base and Wealth and Our Commonwealth, coauthored with Bill Gates Sr. He is also the author of a debut novel, Altar to an Erupting Sun.
Xe Sands has more than a decade of experience bringing stories to life through narration, performance, and visual art, including recordings of the Nightwalkers series from Jaquelyn Frank. She has received several honors, including AudioFile Earphones Awards and a coveted Audie Award, and she was named Favorite Debut Romance Narrator of 2011 in the Romance Audiobooks poll.