Silicon Valley, 46–47, 56, 93, 163–64, 166, 171, 174, 175, 181–83, 230–31, 235, 236, 238, 283, 285
Silver Lake, 59
Simmons, Ruth, 284
Singapore, 63
Singer, Paul, 77
Singh, Manmohan, 155, 198–99
Sinha, Jayant, 189
skill-biased technical change, 91
skimming, 138
Slim, Carlos, 42, 46, 51, 195–98, 199, 218, 227, 236, 255
Smith, Adam, 67, 131, 138, 194, 229
Smith, Art, 112
Smith, Michael, 102
social mobility, 5, 82, 278–79
income inequality and, 283–84
Socialnet, 183
Somoza family, 191
Sorensen, Alan, 126
Soros, George, 53–54, 70, 73, 77, 141–45, 147, 148, 152–55, 172–73, 242
Soros, Jonathan, 153, 173
Soros, Tivadar, 152–53
South Korea, 32, 193
Soviet republics, former, 20, 77, 149, 155, 192, 193, 267
Soviet Union, 14, 17, 89–90, 144, 155, 178–80, 266
Spectator, 56–57, 59, 67
Spence, Michael, 20, 187
Spitzer, Eliot, 213
Splinter, Michael, 64
sports stars, 108–9, 129, 130, 138
Stalin, Joseph, 20, 90
Stanford Business School, 61, 147
Starr International, 101
Start-Up of You, The (Hoffman), 184–85, 187
Stengel, Rick, 72
Stephenson, Randall, 164, 185–86
Stevenson, Betsey, 32
Stewart, Rod, 36
Stiglitz, Joe, 27
Stock Market Boys, 51
Stoll, Craig, 112–13
Strauss-Kahn, Dominique, 72, 238–39
Stringer, Howard, 36
student activism, 268
Sull, Donald, 145, 147, 167–68, 171
Summers, Larry, xiii, 49, 87, 165, 174
Sunstein, Cass, 93
Sun Valley, 68
Sun Yat-sen, 39
superstars, 88–140
fees charged by, 101–3
globalization and, 91–92, 108
income of, vs. everyone else, 100–101
industrial revolution and, 95–99, 118
and talent vs. capital, 116–17, 122, 129–30
technology and, 91–92, 98–100, 108, 109
“Sustaining New York’s and the US’ Global Financial Services Leadership,” 211–15
Swank, Hilary, 110
Sweden, xii, 3, 12
Switzerland, 35, 63
Szelényi, Ivan, 89–90, 136, 266
Tahrir Square, 80
Taiwan, 35
Tawney, R. H., 88
taxes, 5, 14, 17, 78–79, 190, 243, 246–47, 249, 255, 264, 286
TeamLease, 32
Tea Party, 28, 42, 92
technology:
communication, 99–100
race between education and, 47–48
revolutions in, xiv, 4, 14–15, 18, 19, 21, 22, 25, 28, 30–31, 67, 100, 104, 146, 157–58, 164, 166, 184, 221, 285
skill-biased change in, 91
superstars and, 91–92, 98–100, 108, 109
TED conference, 68
telecommunications, 224, 225
privatization in, 196–98
Telmex, 196–98, 218, 225
Temin, Peter, 17
Tencent, 66
Thain, John, 36, 102, 214–16
Thatcher, Margaret, 17
Theory of Moral Sentiments, The (Smith), 229
Thiel, Peter, 183, 250
think tanks, 72, 77, 265, 267
Thornton, John, 213
Tiger Management, 142
Tinbergen, Jan, 47
Tito, Josip Broz, 89–90
Tocqueville, Alexis de, xi, 12
Tolstoy, Leo, 39
“Top Executives Are Worth Every Nickel They Get” (Murphy), 131–33
topple rate, 173
Touati, Bernard, 107
travel, 52–53, 58, 60–61
Treasury bills, 265
Treaty of Detroit, 17, 18
Tressel, Thierry, 222
Trichet, Jean-Claude, 141
Trollope, Anthony, 99
Turkey, 21, 35, 197
Turnaround Kid, The (Miller), 27
Turow, Scott, 38, 52, 61
Tutu, Desmond, 69
Twain, Mark, 8, 38
The Gilded Age, 6–7, 13
Twitter, 109, 146, 171
Tymoshenko, Yulia, 192
U2, 109, 110
UBS, 16
Ukraine, 72–73, 79–80, 191–93
unemployment, 186–87, 238, 240, 265
Ungaro, Emanuel, 116
unions, 17, 33, 91, 286
United Auto Workers (UAW), 17
universities, 264, 267
University of Chicago, 188
USA Today, 2
U.S. Steel, 195
van Ours, Jan, 126
Van Reenen, John, 23, 28, 29, 81, 136
Vardi, Yossi, 68
Varshney, Ashutosh, 28, 155–56
Vekselberg, Viktor, 150, 151, 176, 180, 181
Venice, 277–80, 282–84, 286
La Serrata in, 279, 280, 283, 286
venture capital, 120, 121
Victoria, Queen, 8
video technology, 165, 174
Volcker, Paul, 64–65, 219, 221
von Furstenberg, Diane, 107
von Metternich, Pauline, 114
wages, 240
college education and, 47–48
minimum, 17, 91
see also income
Wall Street, 53, 63, 83–84, 93, 105, 119–22, 129–30, 166–67, 211–16, 218, 219, 221, 222, 235, 257, 267
lobbying and, 222–24, 247, 260–62, 273
regulation of, 211–12
Wall Street, 2, 152
Wall Street Journal, 56, 144, 211, 213, 223
Walt Disney Company, 127–30, 143
Walter, Carl, 207–8
Walton, Michael, 197
Wang Huiyao, 60–61
Wang Jianlin, 204
Warburg, Siegmund, 119
Wareham, Jamie, 106
Warner, Charles Dudley, 13
Warner Music, 170–71
Washington Consensus, 17–18
Washington Post, 125
Washington State, 235
Watson, James, 124
Watts, Duncan, 126
Waugh, Rick, 254–55
Wealth of Nations, The (Smith), 67, 131
Weill, Sandy, 48
Weinberg, Peter, 170
Weizmann, Chaim, 124, 125
Welch, Jack, 64, 130
Wen Jiabao, 205–6, 210
Whitehall Study, 54
Who Is to Blame? (Herzen), xiv
Wien, Byron, 142
Williams, Robin, 127
Williamson, Jeffrey, 12
Wilson, Charlie, 255, 258, 272
Wilson, Thomas, 64
Winfrey, Oprah, 112
Winner-Take-All Politics (Hacker and Pierson), 18
Winters, Jeffrey, 78, 79, 81
Wipro, 155
Wolf, Martin, 69
Wolfers, Justin, 32
women, 84–87, 218–19
Wood, Graeme, 175–76
WorkerExpress, 172
working rich, 42–46, 52–53, 117, 235, 283
World Bank, 32, 224, 252–53
World Economic Forum, 68, 73, 75, 103, 167
“World Is Changing, The: Some Thoughts on Our Business” (Katzenberg), 127, 130
World War II, 29
Worth, Charles, 113–14, 116
Wu Yajun, 207
Yahoo!, 172
Yale Daily News, 267
Yanukovych, Viktor, 192
Yardeni, Ed, 250
Ylvisaker, Paul, 264
YouTube, 69, 165
Zain, 66
Zappos, 69, 230–35
Zedillo, Ernesto, 250–51
/> Zhou Zhengyi, 208–9
Zhukov, Yuri, 103
Zhu Rongji, 162, 208
Zhu Yunlai, 208
Zingales, Luigi, 261–62, 272–73
Ziobrowski, Alan, 269
Zoellick, Robert, 69
Zolli, Andrew, 67
Zong Qinghou, 204
Zuckerberg, Mark, 52, 70–71, 121, 147, 175
Zynga, 164
Table of Contents
Title Page
Copyright
Dedication
Introduction
ONE
H ISTORY AND W HY I T M ATTERS
TWO
C ULTURE OF THE P LUTOCRATS
THREE
S UPERSTARS
FOUR
R ESPONDING TO R EVOLUTION
FIVE
R ENT- S EEKING
SIX
P LUTOCRATS AND THE R EST OF U S
C ONCLUSION
Acknowledgments
Notes
Bibliography
Index
Table of Contents
Title Page
Copyright
Dedication
Introduction
ONE
H ISTORY AND W HY I T M ATTERS
TWO
C ULTURE OF THE P LUTOCRATS
THREE
S UPERSTARS
FOUR
R ESPONDING TO R EVOLUTION
FIVE
R ENT- S EEKING
SIX
P LUTOCRATS AND THE R EST OF U S
C ONCLUSION
Acknowledgments
Notes
Bibliography
Index
Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else Page 43