Davos Man: How the Billionaires Devoured the World

(Paperback)

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ASan Francisco ChronicleBestseller An NPR Best Book of the Year

TheNew York TimessGlobal Economics Correspondent masterfully reveals how billionaires systematic plunder of the worldbrazenly accelerated during the pandemichas transformed 21st-century life and dangerously destabilized democracy.

Davos Manwill be read a hundred years from now as a warning. Evan Osnos

Excellent. A powerful, fiery book, and it could well be an essential one.NPR.org

The history of the last half century in America, Europe, and other major economies is in large part the story of wealth flowing upward. The most affluentpeople emerged from capitalisms triumphin the Cold War to loot the peace, depriving governments of the resources needed to serve their people, and leaving them tragically unprepared for the worst pandemic in a century.

Drawing on decades of experience covering the global economy, award-winning journalist Peter S. Goodman profiles five representative Davos Menmembers of the billionaire classchronicling how their shocking exploitation of the global pandemic has hastened a fifty-year trend of wealth centralization. Alongside this reporting, Goodman delivers textured portraits of those caught in Davos Mans wake, including a former steelworker in the American Midwest, a Bangladeshi migrant in Qatar, a Seattle doctor on the front lines of the fight against COVID, blue-collar workers in the tenements of Buenos Aires, an African immigrant in Sweden, a textile manufacturer in Italy, an Amazon warehouse employee in New York City, and more.

Goodmans revelatoryexposof the global billionaire class reveals their hidden impact on nearly every aspect of modern society: widening wealth inequality, the rise of anti-democratic nationalism, the shrinking opportunity to earn a livable wage, the vulnerabilities of our health-care systems, access to affordable housing, unequal taxation, and even the quality of the shirt on your back. Meticulously reported yet compulsively readable,Davos Manis an essential read for anyone concerned about economic justice, the capacity of societies to grapple with their greatest challenges, and the sanctity of representative government.

Author Bio

Peter S. Goodman is the Global Economics Correspondent for the New York Times, based in London. He was previously the NYT's national economic correspondent, based in New York, where he played a leading role in the paper's award-winning coverage of the Great Recession, including a series that was a Pulitzer finalist. Previously, he covered the Internet bubble and bust as The Washington Post's telecommunications reporter, and served as WashPo's China-based Asian economics correspondent. He is the author of Past Due: The End of Easy Money and the Renewal of the American Economy. He graduated from Reed College and completed a master's in Vietnamese history from the University of California, Berkeley.