2012
Brings together facts and figures showing what "the 99% and the 1%" divide means in the real world and the damage it causes.
Identifies the social and historical forces that created and perpetuate this divide
Offers concrete proposals for closing the inequality gap
For over thirty years, we've lived through a radical redistribution of wealth-upward, to a tiny fraction of the population. It's as though we're undertaking a bizarre social experiment to see how much inequality a democratic society can tolderate.
As a result "We are the 99%," the rallying cry of the Occupy movement, has spread far beyond its ranks. But who are the 99 percent? Who are the 1 percent? How extensive and systematic is inequality throughout society? What are its true causes and consequences? How is inequality changing our world? And what can be done about it?
For many years, Chuck Collins has been a leading voice and activist on these questions. In this book he marshals wide-ranging data from a variery of sources to paint a graphic picture of how disparities in wealth and power play out in America and the world. For the first time, this book reveals the concrete meaning of "the 99% and the 1%," looking not just at individual households but at the business world, the media, and the earth as a whole.
Collins identifies the shifts in social values, political power, and economic policy that have led to our current era of extreme inequality -- particularly the way Wall Street has managed to rig the rules of the game in favor of the 1 percent-and surveys the havoc inequality has wreaked on virtually every aspect of society. But there is hope. Not only does he offer common-sense proposals for closing the inequality gap, but Collins provides a guide to many of the groups-including some made up of millionaires-that are working to bring about a society that works for everybody: for the 100 percent. This is a struggle that can be won. After all, the odd are 99 to 1 in our favor.
2012
Exposes the damage caused by the myth of the "self-made man" and reveals how wealth is actually created.
The Self-Made Myth challenges the by-your-own-bootstraps narrative enshrined in American tradition and beloved by antigovernment activists to offer a more holistic view of the success of business leaders and entrepreneurs. While acknowledging the importance of hard work, creativity, and leadership, it highlights several crucial, often unrecognized factors, with a particular emphasis on the ways government and society help individuals: public education, research and development grants, social services, roads and highways, laws and regulations that establish a stable business environment, and many more.
Miller and Lapham explore the historic roots of the self-made myth and reveal the societal damage it continues to cause. They present profiles of business leaders who, in their own words, identify the kinds of support and assistance that were crucial to their success, including Warren Buffett, Ben Cohen of Ben and Jerry's, New Belgium Brewery's Kim Jordan, and philanthropist, filmmaker, and heiress Abigail Disney. They also disprove the arguments of individuals such as Donald Trump and Ross Perot who have helped perpetuate their own self-made success myths.
How we view the creation of wealth and individual success shapes our choices on taxes, regulations, public investments in schools and vital infrastructure, the legitimacy of extravagant CEO pay, and more. The Self-Made Myth acknowledges and celebrates the truth of society's contribution. It takes a village to raise a business-it's time to recognize that fact.
"It is critical to change the conversation about how wealth is created, who creates it, and the role of government, and this book does that effectively and importantly. And it couldn't be more timely. I urge you to read this book and get engaged in the debate about progressive taxes."
-Bill Gates Sr.
The idea of hierarchy is breaking down everywhere, from politics to religion to social relationships-why should leadership be any different?
Our leadership models are still stuck in a top-down, command-and-control, Industrial Age mentality. But our globalized, data-drenched, 24/7 world is just too complex, with too much information coming from too many different directions, for any single person or group of people to stay on top of it. The idea of hierarchy is breaking down everywhere, from politics to religion to social relationships-why should leadership be any different?
Mila Baker's inspiration for a new way to lead is the peer-to-peer model of computing, which is also mirrored in social networking and crowdsource technologies. She shows that a network with "equipotent" nodes of power-think peer leaders-is infinitely more powerful than a "client-server" (leader-follower) network.
In organizations of equipotent nodes, leadership isn't fixed or siloed-it shifts based on the particular strengths of individuals and the particular needs of a situation. Rather than being guided into narrow predetermined channels, information flows freely so those who need it can find it easily and are empowered to act on it immediately. Constant change is built into the very structure of these organizations, and giving feedback is no longer a separate (and often dreaded and ineffective) process but becomes an organic part of the workflow, enabling rapid course corrections.
Baker still advocates the need for top-level executives and senior leaders, but their job is to optimize the health of the network rather than issue commands. Companies such as Gore and Herman Miller practice these principles and have achieved long-term success-Baker provides a structure for this approach that any organization can adapt to build flexibility, resiliency, and accountability.
2009