The combined wealth of the world’s billionaires now exceeds the collective market capitalization of all the companies in the Dow Jones industrial average

Billionaire wealth tops $7 trillion By Judy Martel · Bankrate.com Monday, September 22, 2014 The combined wealth of the world’s billionaires now exceeds the collective market capitalization of all the companies in the Dow Jones industrial average, according to a recent study. The Wealth-X and UBS Billionaire Census found that the number of billionaires around…

Gutting of campaign finance laws enhances influence of corporations and wealthy Americans

PUBLIC RELEASE DATE: 10-Apr-2014 – “This study dashes hopes for this democratic kind of interest-group influence,’ PRINCETON, N.J.—Affluent individuals and business corporations already have vastly more influence on federal government policy than average citizens, according to recently released research by Princeton University and Northwestern University. This research suggests that the Supreme Court’s continuing attack on…

Does getting rich mean giving less? Research shows the more money you have, the more tight fisted you become

A study from UC  Berkeley’s Dacher Keltner finds that isolation and a decrease in generosity  occur as personal wealth increases Another  study tracked a Mexican village and watched giving and community activities drop  as wealth grew Since 1800,  Americans have used the word ‘get’ in print progressively more than the word  ‘give’ By  Daily Mail…

Wealth tax to pay for EU bailouts

Monday, 15 April 2013 Wealthy households would face new taxes on property and other assets under German plans to prop up the struggling eurozone. Senior advisers to Chancellor Angela Merkel are pushing for better-off households to pay towards the cost of any future bail-outs for the weaker members of the single currency. The proposals, from…

While chaos drives some to seek comfort in friends and family, Many Wealthy gravitate toward money and material possessions

By Yasmin Anwar, Media Relations | August 30, 2012 BERKELEY —Crises are said to bring people closer together. But a new study from UC Berkeley suggests that while the have-nots reach out to one another in times of trouble, the wealthy are more apt to find comfort in material possessions. While chaos drives some to…