Growing Inequality and the Hidden Wealth Industry

Date/Time
Date(s) - 04/21/18
2:30 pm - 4:00 pm

Location
Buffett Center

Hosted by
Buffett Institute


Growing Inequality and the Hidden Wealth Industry

Buffett Institute

Saturday, April 21 , 2018 2:30 PM – 4:00 PM

As wealth inequality grows, so does the sector devoted to hiding wealth, masking ownership, and avoiding taxation and accountability. What is the scale of the hidden wealth problem? Why does it matter? What can we do about it?

Chuck Collins is the Director the Program on Inequality and the Common Good at the Institute for Policy Studies where he co-edits Inequality.org. He is author of the popular book, Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good (Chelsea Green). His new book, Is Inequality in America Irreversible? is published by the Oxford, UK-based Polity Press.

He is an expert on U.S. inequality and the racial wealth divide and author of several books, including 99 to 1: How Wealth Inequality is Wrecking the World and What We Can Do About It. He is co-author with Bill Gates Sr. of Wealth and Our Commonwealth, (Beacon Press, 2003), a case for taxing inherited fortunes. He is co-author with Mary Wright of The Moral Measure of the Economy, a book about Christian ethics and economic life.

He is co-author of several reports including “The Road To Zero Wealth: How the Racial Wealth Divide is Hollowing Out America’s Middle Class,” “Billionaire Bonanza: The Forbes 400 and the Rest of Us” and “Gilded Giving: Top Heavy Philanthropy in an Age of Extreme Inequality.”

He is co-founder of Wealth for the Common Good, a network of business leaders, high-income households and partners working together to promote shared prosperity and fair taxation. This network merged in 2015 with the Patriotic Millionaires. In 1995, he co-founded United for a Fair Economy (UFE) to raise the profile of the inequality issue and support popular education and organizing efforts to address inequality. He was Executive Director of UFE from 1995-2001 and Program Director until 2005.

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