The Billionaire Boondoggle

The Billionaire Boondoggle

Author: Pat Garofalo

Publisher: Thomas Dunne Books

Published: 2019-03-12

Total Pages: 289

ISBN-13: 1250162335

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"An alarming, fact-driven jeremiad urging change and action." –Kirkus The first comprehensive look at how politicians let the entertainment industry bilk taxpayers, hijack public policy and hurt economic investment, starting and ending with Trump. From stadiums and movie productions to casinos and mega-malls to convention centers and hotels, cities and states have paid out billions of dollars in tax breaks, subsidies, and grants to the world's corporate titans. They hope to boost their economies, create new and better jobs, and lure well-known events such as the Super Bowl--not to mention give their officials the chance to meet celebrities. That Big Entertainment drives bigger economies is a myth, however. Overwhelming evidence shows catering public policy to its promises results in a raw deal for the taxpaying public. In The Billionaire Boondoggle, Garofalo takes readers on a tour of publicly-subsidized corporate America to explain how that myth came to be, how much money America's elected officials throw away, and why courting Big Entertainment just courts disaster. You’ll learn how Maryland gave millions of dollars to Netflix to make House of Cards, and Nevada spent hundreds of millions on a new home for the NFL’s Raiders. New Mexico paid big money to host The Avengers, while city after city fell prey to the debt trap that is the Olympics. You’ll see how big sporting goods stores like Bass Pro Shops and big casinos across the country all get in on the subsidy scam. And you’ll see how many cities got in bed with hotel titans, including Donald J. Trump himself. This book is the go-to guide for the many ways in which American taxpayers unknowingly subsidize the TV shows they watch, the sports teams they root for and the hotels they sleep in, all based on an economic theory that only adds up for CEOs and bigwigs.


The Meat Racket

The Meat Racket

Author: Christopher Leonard

Publisher: Simon and Schuster

Published: 2014-02-18

Total Pages: 384

ISBN-13: 1451645813

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A former agribusiness reporter critically assesses the corporate meat industry as demonstrated by the practices of Tyson Foods, documenting the meat supply's takeover by a few powerful companies who are raising prices and outmaneuvering reforms.


Billion Dollar Loser

Billion Dollar Loser

Author: Reeves Wiedeman

Publisher: Little, Brown

Published: 2020-10-20

Total Pages: 304

ISBN-13: 0316461342

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A Wall Street Journal Business Bestseller: This "vivid" inside story of WeWork and its CEO tells the remarkable saga of one of the most audacious, and improbable, rises and falls in American business history (Ken Auletta). Christened a potential savior of Silicon Valley's startup culture, Adam Neumann was set to take WeWork, his office share company disrupting the commercial real estate market, public, cash out on the company's forty-seven billion dollar valuation, and break the string of major startups unable to deliver to shareholders. But as employees knew, and investors soon found out, WeWork's capital was built on promises that the company was more than a real estate purveyor, that in fact it was a transformational technology company. Veteran journalist Reeves Weideman dives deep into WeWork and it CEO's astronomical rise, from the marijuana and tequila-filled board rooms to cult-like company summer camps and consciousness-raising with Anthony Kiedis. Billion Dollar Loser is a character-driven business narrative that captures, through the fascinating psyche of a billionaire founder and his wife and co-founder, the slippery state of global capitalism. A Wall Street Journal Business Bestseller “Vivid, carefully reported drama that readers will gulp down as if it were a fast-paced novel” (Ken Auletta)


Thanks for Everything (Now Get Out)

Thanks for Everything (Now Get Out)

Author: Joseph Margulies

Publisher: Yale University Press

Published: 2021-10-19

Total Pages: 300

ISBN-13: 0300262981

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When a distressed urban neighborhood gentrifies, all the ratios change: poor to rich; Black and Brown to white; unskilled to professional; vulnerable to secure. Vacant lots and toxic dumps become condos and parks. Upscale restaurants open and pawn shops close. But the low-income residents who held on when the neighborhood was at its worst, who worked so hard to make it better, are gradually driven out. For them, the neighborhood hasn’t been restored so much as destroyed. Tracing the history of Olneyville, a neighborhood in Providence, Rhode Island, that has traveled the long arc from urban decay to the cusp of gentrification, Joseph Margulies asks the most important question facing cities today: Can we restore distressed neighborhoods without setting the stage for their destruction? Is failure the inevitable cost of success? Based on years of interviews and on-the-ground observation, Margulies argues that to save Olneyville and thousands of neighborhoods like it, we need to empower low-income residents by giving them ownership and control of neighborhood assets. His model for a new form of neighborhood organization—the “neighborhood trust”—is already gaining traction nationwide and promises to give the poor what they have never had in this country: the power to control their future.


An Unworthy Future

An Unworthy Future

Author: Joseph Toomey

Publisher: Archway Publishing

Published: 2014-07-22

Total Pages: 571

ISBN-13: 148080892X

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It is difficult to find an area of public policy more plagued by misunderstanding than energy policy. Even worse, every time the subject is raised, we are obligated to get mired in pointless arguments about the weather. This book helps set the record straight. Not convinced? Consider some of these inconvenient truths: The cost of green energy climate remediation is anywhere from 10-to-1,000 times greater than the damage from the climate change it attempts to alleviate. Germany, the worlds leader in solar energy, will spend more than $280 billion by 2030 on solar subsidies. But all of that investment will only forestall 22nd century global warming by 37 hours. Obamas carbon tax would cost Americans $1.2 trillion over just ten years. But it would only reduce the midrange 3 degree modeled 22nd century global temperature increase by 0.038 degrees Celsius. At their current emissions growth rate, it will take China nine months to replace the entire U.S. emissions cut that Obama wants to achieve over seven years, at a staggering cost in American jobs and lost economic growth. The U.S. biofuel program imposes a cost on consumers 9,862 times greater than any climate benefit they or their distant progeny will ever derive. This is not another skeptical global warming polemic but an economic evaluation of how and why green energy will fail. The world has too many pressing needs. For the money Obama squandered on just a single bankrupt crony solar company, the U.S. could have prevented 300,000 childhood malaria deaths in poor countries. A thoroughly researched, heavily documented book by an expert in his field, it will demonstrate in meticulous detail how wasteful and economically inefficient Obamas green energy dead end future will be compared to other worthy alternatives. Its time to end the hysterical climate cynicism and get on humanitys side.


Straphanger

Straphanger

Author: Taras Grescoe

Publisher: Macmillan

Published: 2012-04-24

Total Pages: 337

ISBN-13: 0805095586

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Taras Grescoe rides the rails all over the world and makes an elegant and impassioned case for the imminent end of car culture and the coming transportation revolution "I am proud to call myself a straphanger," writes Taras Grescoe. The perception of public transportation in America is often unflattering—a squalid last resort for those with one too many drunk-driving charges, too poor to afford insurance, or too decrepit to get behind the wheel of a car. Indeed, a century of auto-centric culture and city planning has left most of the country with public transportation that is underfunded, ill maintained, and ill conceived. But as the demand for petroleum is fast outpacing the world's supply, a revolution in transportation is under way. Grescoe explores the ascendance of the straphangers—the growing number of people who rely on public transportation to go about the business of their daily lives. On a journey that takes him around the world—from New York to Moscow, Paris, Copenhagen, Tokyo, Bogotá, Phoenix, Portland, Vancouver, and Philadelphia—Grescoe profiles public transportation here and abroad, highlighting the people and ideas that may help undo the damage that car-centric planning has done to our cities and create convenient, affordable, and sustainable urban transportation—and better city living—for all.


Democracy 2.0

Democracy 2.0

Author: Paul R. Carr

Publisher: BRILL

Published: 2018-07-17

Total Pages: 249

ISBN-13: 9463512306

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Participatory media 2.0 have shifted the terrain of public life. We are all—individually and collectively—able to produce and circulate media to a potentially limitless audience, and we are all, at minimum, arbiters of knowledge and information through the choices—or clicks—we make when online. In this new environment of two-way and multidimensional media flow, digital communication tools, platforms and spaces offer enormous potential for the cultivation, development and circulation of diverse and counter-hegemonic perspectives. It has also provoked a crisis of communication between oppositional “echo chambers.” Democracy requires a functioning, critically-engaged and literate populace, one that can participate in, cultivate and shape, in meaningful and critical ways, the discourses and forms of the society in which it exists. Education for democracy, therefore, requires not only political literacy but also media and digital literacies, given the ubiquity and immersiveness of Media 2.0 in our lives. In Democracy 2.0, we feature a series of evocative, international case studies that document the impact of alternative and community use of media, in general, and Web 2.0 in particular. The aim is to foster critical reflection on social realities, developing the context for coalition-building in support of social change and social justice. The chapters herein examine activist uses of social and visual media within a broad and critical frame, underpinning the potential of alternative and DIY (Do It Yourself) media to impact and help forge community relationships, to foster engagement in the civic and social life of citizens across the globe and, ultimately, to support thicker forms of democratic participation, engagement and conscientization, beyond electoralist, representative, normative democracy.


Sovereign Money

Sovereign Money

Author: Joseph Huber

Publisher: Springer

Published: 2016-12-09

Total Pages: 212

ISBN-13: 3319421743

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In coming to terms with the still smoldering financial crisis, little attention has been paid to the flaws within our monetary system and how these flaws lie at the root of the crisis. This book provides an introduction and critical assessment of the current monetary system. It begins with an up to date account of the workings of today’s system of state-backed ‘bankmoney’, illustrating the various forms and issuers of money, and discussing money theory and fallacy past and present. It also looks at related economic challenges such as inflation and deflation, asset inflation and bubble building that lead to market instability and examines the ineffectual monetary policies and primary credit markets that are failing to reach some sort of self-limiting equilibrium. In order to fix our financial system, we first need to understand its limitations and the flaws in current monetary and regulatory policy and then correct them. The concluding part of this book is dedicated to the latter, advocating a move towards the sovereign monetary prerogatives of issuing the entire stock of official money and benefitting from the gain thereof (seigniorage). The author argues that these functions should be made the sole responsibility of independent and impartial central banks with full control over the stock of money (not the uses of money) on the basis of a legal mandate that would be more detailed than is the case today. This includes a thorough separation of monetary and fiscal powers, and of both from banking and wider financing functions. This book provides a welcome addition to the banking literature, guiding readers through the inner workings of our monetary and regulatory environments and proposing a new way forward that will better protect our economy from financial instability and crisis.


23 Things They Don't Tell You about Capitalism

23 Things They Don't Tell You about Capitalism

Author: Ha-Joon Chang

Publisher: Bloomsbury Publishing USA

Published: 2011-01-02

Total Pages: 305

ISBN-13: 1608193586

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INTERNATIONAL BESTSELLER "For anyone who wants to understand capitalism not as economists or politicians have pictured it but as it actually operates, this book will be invaluable."-Observer (UK) If you've wondered how we did not see the economic collapse coming, Ha-Joon Chang knows the answer: We didn't ask what they didn't tell us about capitalism. This is a lighthearted book with a serious purpose: to question the assumptions behind the dogma and sheer hype that the dominant school of neoliberal economists-the apostles of the freemarket-have spun since the Age of Reagan. Chang, the author of the international bestseller Bad Samaritans, is one of the world's most respected economists, a voice of sanity-and wit-in the tradition of John Kenneth Galbraith and Joseph Stiglitz. 23 Things They Don't Tell You About Capitalism equips readers with an understanding of how global capitalism works-and doesn't. In his final chapter, "How to Rebuild the World," Chang offers a vision of how we can shape capitalism to humane ends, instead of becoming slaves of the market.