report, May 13, 2011.
It is easy to understand the appeal of switching
Philippon and Reshef, “Wages and Human Capital,” p. 21.
CHAPTER 6: PLUTOCRATS AND THE REST OF US
“If you really wanted to examine”
Richard D. Lyons, “Fears of H.E.W. Cuts Spur Protests at Inflation Parley,”
, September 19, 1974.
“He was remembering now”
Robert Harris,
(Knopf, 2012).
“A stranger to human nature”
Adam Smith,
(Cambridge University Press), 2004, p. 63.
If you ever have to work at a call center
Unless otherwise specified, all quotes and descriptions from this section are drawn from the author’s August 2010 visit to Zappos headquarters.
“free from boring work environments”
This quote appears on the jobs section of Zappos .com.
“the palace of the millionaire”
Carnegie, “Wealth.”
“the marginal return for extra dollars does drop off”
Jeff Guo and Rob McQueen, “Gates Asks Students to Tackle the World’s Problems,”
, April 23, 2010.
“you can drive your Rolls-Royce around”
CF interview with Eric Schmidt, February 23, 2011.
“If a man is not an oligarch”
Chrystia Freeland,
(Crown Business, 2000), p. 320.
“treated business exclusively”
“Prison Exchange: Mikhail Khodorkovsky Looks Back on His Choices,”
, September 21, 2009.
“That this talent for organization”
Carnegie, “Wealth.”
“We ended up making twenty-four times our money”
Bloomberg TV interview with Steve Schwarzman, November 30, 2011.
“We live in a bubble”
Brad Stone. “It’s Always Sunny in Silicon Valley,”
, December 26, 2011.
“I recently talked to an IT engineer”
Matt Rosoff, “Eric Schmidt: We Don’t Talk about Occupy Wall Street in the Valley Because We Don’t Have Those Problems,”
December 23, 2011.
“Is society’s nobility”
Paul Piff, Daniel M. Stancato, Stephane Cote, Rodolfo Mendoza-Denton, and Dacher Keltner, “High social class predicts increased unethical behavior,”
“You know, historically”
CF interview with B. N. Kalyani, November 13, 2011.
“meet somewhere in the middle”
CF interview with Kris Gopalakrishnan, November 12, 2011.
“So long as our leaders tell us that we must trust them”
Daniel S. Loeb, “Third Point LLC Second Quarter 2010 Investor Letter,” August 27, 2010.
“like when Hitler invaded Poland in 1939”
Jonathan Alter, “A ‘Fat Cat’ Strikes Back,”
, August 15, 2010.
“Since fair is fair, tax loopholes in the financial industry”
Mike Bloomberg, “How the Super Committee Can Balance the Federal Budget,” remarks prepared for Center for American Progress/American Action Forum event, November 8, 2011.
“The top 1 percent of New Yorkers pay over 40 percent”
Shira Ovide, “Billionaire Tells Occupy Wall Street to Get Off His Lawn,” Deal Journal blog,
, October 11, 2011.
“Acting like everyone who’s been successful is bad”
Max Abelson, “Bankers Join Billionaires to Debunk ‘Imbecile’ Attack on Top 1%,” Bloomberg News, December 20, 2011.
“not a question”
CF interview with Jeff Immelt, October 17, 2011.
“Capitalists are not the scourge that they are too often made out to be”
Leon G. Cooperman, “An Open Letter to the President of the United States of America,” November 28, 2011.
“People don’t realize how wealthy people self-tax”
CF interview with Foster Friess, February 9, 2012.
“I think [the ultrawealthy] actually”
Melissa Harris “Billionaire Opens Up on Politics,”
, March 11, 2012.
“We celebrate income disparity and we applaud the growing margins”
Neil Hume, “God Bless Income Disparity,” Alphaville blog,
November 17, 2011.
“wealth is fleeing the country”
From a February 22, 2012, e-mail, sent out by Lindsay Rafayko of Empower Public Relations.
“We may need an escape plan”
Yardeni Research Daily E-mail Briefing, December 8, 2011.
a few modern-day plutocrats are actually trying to build
Jonathan Miles, “The Billionaire King of Techtopia,”
, September 2011.
“I have yet to talk to anybody who doesn’t say”
“Governance Blueprints from Global Leaders,” signature lecture panel, Centre for International Governance
