Monday
Oct152012
Monday, October 15, 2012 at 11:13AM
"Journalist Chrystia Freeland has spent years reporting on the people who've reached the pinnacle of the business world. For her new book,Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else, she traveled the world, interviewing the multimillionaires — and billionaires — who make up the world's elite super-rich. Freeland says that many of today's richest individuals gained their fortunes not from inheritance, but from actual work."
'These super-rich are people who, as they like to say, 'did it themselves,' " Freeland tells NPR's Steve Inskeep. "And what's interesting for me, and actually I didn't expect it, I think it's a paradox of this sort of working super-rich, which is that you would think ... that having done it yourself, you might have more sympathy, be closer to the 99 percent."
But, she says, that's often not the case. "In many ways, that personal history of really feeling like, 'I did this! By myself!' actually creates more of a chasm between them and the rest of us, and, I would say, a certain degree of disdain."
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