Jackpot by Michael Mechanic audiobook

Jackpot: How the Super-Rich Really Live―and How Their Wealth Harms Us All

By Michael Mechanic
Read by Dennis Boutsikaris

Simon & Schuster Audio 9781982127213
10.57 Hours 1
Format : Digital Download (In Stock)
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A senior editor at Mother Jones dives into the lives of the extremely rich, showing the fascinating, otherworldly realm they inhabit—and the insidious ways this realm harms us all. Have you ever fantasized about being ridiculously wealthy? Probably. Striking it rich is among the most resilient of American fantasies, surviving war and peace, expansions and recessions, economic meltdowns and global pandemics. We dream of the jackpot, the big exit, the life-altering payday, in whatever form that takes. (Americans spent $81 billion on lottery tickets in 2019, more than the GDPs of most nations.) We would escape “essential” day jobs and cramped living spaces, bury our debts, buy that sweet spread, and bail out struggling friends and relations. But rarely do we follow the fantasy to its conclusion—to ponder the social, psychological, and societal downsides of great affluence and the fact that so few possess it. What is it actually like to be blessed with riches in an era of plagues, political rancor, and near-Dickensian economic differences? How mind-boggling are the opportunities and access, how problematic the downsides? Does the experience differ depending on whether the money is earned or unearned, where it comes from, and whether you are male or female, white or black? Finally, how does our collective lust for affluence, and our stubborn belief in social mobility, explain how we got to the point where forty percent of Americans have literally no wealth at all? These are all questions that Jackpot sets out to explore. The result of deep reporting and dozens of interviews with fortunate citizens—company founders and executives, superstar coders, investors, inheritors, lottery winners, lobbyists, lawmakers, academics, sports agents, wealth and philanthropy professionals, concierges, luxury realtors, Bentley dealers, and even a woman who trains billionaires’ nannies in physical combat, Jackpot is a compassionate, character-rich, perversely humorous, and ultimately troubling journey into the American wealth fantasy and where it has taken us.

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Summary

Summary

A senior editor at Mother Jones dives into the lives of the extremely rich, showing the fascinating, otherworldly realm they inhabit—and the insidious ways this realm harms us all.

Have you ever fantasized about being ridiculously wealthy? Probably. Striking it rich is among the most resilient of American fantasies, surviving war and peace, expansions and recessions, economic meltdowns and global pandemics. We dream of the jackpot, the big exit, the life-altering payday, in whatever form that takes. (Americans spent $81 billion on lottery tickets in 2019, more than the GDPs of most nations.) We would escape “essential” day jobs and cramped living spaces, bury our debts, buy that sweet spread, and bail out struggling friends and relations. But rarely do we follow the fantasy to its conclusion—to ponder the social, psychological, and societal downsides of great affluence and the fact that so few possess it.

What is it actually like to be blessed with riches in an era of plagues, political rancor, and near-Dickensian economic differences? How mind-boggling are the opportunities and access, how problematic the downsides? Does the experience differ depending on whether the money is earned or unearned, where it comes from, and whether you are male or female, white or black? Finally, how does our collective lust for affluence, and our stubborn belief in social mobility, explain how we got to the point where forty percent of Americans have literally no wealth at all?

These are all questions that Jackpot sets out to explore. The result of deep reporting and dozens of interviews with fortunate citizens—company founders and executives, superstar coders, investors, inheritors, lottery winners, lobbyists, lawmakers, academics, sports agents, wealth and philanthropy professionals, concierges, luxury realtors, Bentley dealers, and even a woman who trains billionaires’ nannies in physical combat, Jackpot is a compassionate, character-rich, perversely humorous, and ultimately troubling journey into the American wealth fantasy and where it has taken us.

Editorial Reviews

Editorial Reviews

“Jackpot skillfully explores the impact of great wealth on people’s lives and society.” Marc Benioff, chair and CEO, Salesforce
“Jackpot skillfully explores the impact of great wealth on people’s lives and society; an economic system driven by selfish values; and the urgent need for a more fair, equal, and sustainable capitalism that works for the greater good of everyone and the planet.” Marc Benioff, chair and CEO, Salesforce

Reviews

Reviews

Author

Author Bio: Michael Mechanic

Author Bio: Michael Mechanic

Michael Mechanic is a longtime senior editor at Mother Jones magazine, where he writes and edits everything from breaking news to award-winning essays and feature stories. Born and raised in Madison, Wisconsin, he earned degrees in biochemistry and cellular biology from UC Berkeley and Harvard before heading back to Cal for a master’s in journalism. Michael now lives in Oakland with his lovely wife, two charming teenagers, and various animals. He plays five musical instruments in his spare time. 

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Details

Details

Available Formats : Digital Download, CD
Category: Nonfiction/Social Science
Runtime: 10.57
Audience: Adult
Language: English