Billionaires and Stealth Politics

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Billionaires and Stealth Politics Page 36

by Benjamin I Page


  Carl Icahn’s efforts to take over, 66

  of, 19– 20; innovative business ideas

  and, 19, 20; past importance of land

  videos of billionaires, unearthing, 37

  ownership in, 18– 19. See also wealth of

  visas. See H- 1B visas; work visas

  billionaires

  visibility of billionaires: measure of, 89;

  wealth creation, role of governments and

  misleading impressions from visible

  societies in, 20

  billionaires, 7– 8, 25; as predictor of

  wealth levels of billionaires: calculation of

  number of statements and actions by on

  by Bloomberg, 157n4; and economic

  social issues, 89– 91, 91 t

  conservatism, 32; entanglement of with

  voting, 140

  policy stands, 42; as predictor of actions

  Vulcan Aerospace, 22

  against taxes and Social Security among

  nonspeakers, 45, 45 t; as predictor of

  Wadhwani, Romesh, 17

  actions in favor of same- sex marriage,

  wages: cuts in, 137; marginal product theory

  91– 92, 92 t; as predictor of actions in

  of, 23; pressures on from economic

  favor of taxes and Social Security

  globalization, 21

  among speakers, 45, 45 t; as predictor of fre-

  Walker, Scott: John Menard Jr. contribu-

  quent statements on taxes, 40– 41, 41 t; as

  tions to gubernatorial campaign of, 63;

  predictor of number of statements and

  right- to- work legislation and public

  actions on social issues, 88– 91, 89 t; as

  sector deunionization by, 107

  predictor of pro- tax direction of state-

  Walmart retailing empire, 11; achievements

  ments, 41– 42, 41 t; as predictor of state-

  of, 138

  ments in favor of immigration, 95, 95 t

  Walters, Barbara, 86

  wealth of billionaires: availability of for

  Walton family: heirs, ages of, 15; inherited

  politics, 2; industrial sectors and

  fortunes of, 11; retailing source of

  sources of, 20– 22; inherited, 19– 20; land

  fortunes, 11. See also individual family

  ownership and, 18– 19; list of wealth of

  members

  individual billionaires, 145– 47; luck and,

  Walton, Alice, 11

  20; as “self- made,” 19– 20; sharing of,

  Walton, Christy, 11

  24; sources of, 18– 22; total amount of,

  Walton, James, 11

  2, 32– 33, total amount of as of 2013, 10;

  Walton, Jim, 11

  total amount of compared with GDPs of

  Walton, Lucas, young age of, 16

  various countries, 10, 32– 33

  Walton, S. Robson, 11

  wealthiest Americans: changes in Forbes

  Walton, Sam: achievements of, 138; as

  rankings of, 13– 14; list of top 100 (2013

  founder of Walmart, 11

  and 2016), 151– 54; size of fortunes of,

  Wang, Roger, 17

  1– 2, 151– 54; top 100 studied, 4, 10. See

  Wanner, Eric, x

  also wealth of billionaires; one- percenters

  Washington Post, purchase of by Jeff Bezos,

  wealthy individuals, as independent influ-

  31

  ences on policy making, 51

  waste, radioactive, disposal of, 120– 21

  web searches: capitalization and quotation

  Waste Control Specialists: Harold Simmons

  marks in, 162n35, 162– 63n37, 170– 71n8;

  and, 119; license of to dispose of radio-

  list of keywords used on immigration,

  active waste, 120– 21

  abortion, and same- sex marriage, 155;

  index

  221

  list of keywords used on taxes and So-

  women billionaires: as inheritors, 16; rarity

  cial Security, 148; thoroughness of,

  of, 16

  128– 29

  Won, Do, 17

  web- scraping techniques, 4, 6, 32– 35, 79– 80

  work visas, 80

  West, Darrell, 3; and “get a senator” strat-

  workers, wage and job pressures on from

  egy, 50

  economic globalization, 21

  West Virginia, energy companies and pollu-

  working- class Americans, economic travails

  tion regulation in, 108

  of, 137

  Western Europe, origin of US billionaires

  in, 14, 17– 18

  Yang, Jerry, 17

  whites, predominance of among wealthiest

  billionaires, 16– 17

  Ziff, Daniel and Dirk, 32

  Whitman, Meg, 16; as supporter of anti–

  Ziff, Robert, 162n28

  same- sex- marriage ballot proposition,

  Zuckerberg, Mark: achievements of, 138;

  86

  as creator of pro- immigration lobbying

  Whole Foods Market, 12

  group FWD.us, 83; Facebook as source

  Williams, Anthony, 103

  of fortune of, 12; jump in Forbes rankings

  Wisconsin: billionaires’ policy impact in,

  by, 14; number of statements by on social

  107; wealthy- friendly policies in, 100

  issues, 85; support by for Supreme Court

  Wisconsin Club for Growth, 63– 64

  decision to legalize same- sex marriage, 86

  Document Outline

  Contents

  Figure and Tables

  Preface

  Introduction

  Chapter 1. Who the Billionaires Are

  Chapter 2. Stealth Politics on Taxes and Social Security

  Chapter 3. Four Billionaires Up Close

  Chapter 4. Keeping Quiet on Social Issues

  Chapter 5. Reshaping State and Local Politics

  Chapter 6. What Is to Be Done about Billionaires?

  Appendixes 1. Comparison between 2013 and 2016 Forbes Lists

  2. Keywords Used for Taxation and Social Security Searches

  3. Position Taking among Forbes Top 100 on Economic Issues

  4. Position Taking among Forbes Top 100 on Social Issues

  5. Keywords Used for Social Issue Searches

  Notes

  References

  Index

 

 

 


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