Titans of Capital: How Concentrated Wealth Threatens Humanity -- Peter Phillips

<b>A fascinating examination of the rapid concentration of global capital, with chapters that focus on China and Russia. <p/>Explores how fewer and larger investment companies now manage the excess financial wealth of the world's 40 million richest people, to the detriment of everyone else and the global environment.</b> <p/>Political sociologist Peter Phillips examines the global economy to demonstrate how networks of wealthy individuals have evolved since the COVID-19 pandemic--and how the financial investments of transnational elites threaten human rights and the future of the planet. Focusing on private capital investments, military spending, and the propaganda machine, he poses three key research questions: <p/><ul><li> To what extent do the wealthy influence--or even dominate--decision making that affects all of us in society? </li><li>Who are the most powerful people? </li><li>How does the accumulation of capital work? </li></ul><br><i>Titans of Capital </i>examines changes in the global economy during the past five years that demonstrate how networks of wealthy individuals have evolved since the COVID-19 pandemic, and how the financial investments of transnational elites threaten human rights and the future of the planet. <p/><ul><li><b>Private capital investments</b> serve as the primary operating funds for international arms sales, private prisons, and other socially negative activities. These investments fuel the continued use of carbon-based energy leading to amp