For readers of Michael Lewis comes an engrossing tale of a country’s spectacular rise and fall, intertwined with the story of Brazil’s wealthiest citizen, Eike Batista—a universal story of hubris and tragedy that uncovers the deeper meaning of this era of billionaires. NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE FINANCIAL TIMES When Bloomberg News invited the young American journalist Alex Cuadros to report on Brazil’s emerging class of billionaires at the height of the historic Brazilian boom, he was poised to cover two of the biggest business stories of our time: how the giants of the developing world were triumphantly taking their place at the center of global capitalism, and how wealth inequality was changing societies everywhere. The billionaires of Brazil and their massive fortunes resided at the very top of their country’s economic pyramid, and whether they quietly accumulated exceptional power or extravagantly displayed their decadence, they formed a potent microcosm of the world’s richest .001 percent. Eike Batista, a flamboyant and charismatic evangelist for the country’s new gospel of wealth, epitomized much of this rarefied sphere: In 2012, Batista ranked as the eighth-richest person in the world, was famous for his marriage to a beauty queen, and was a fixture in the Brazilian press. His constantly repeated ambition was to become the world’s richest man and to bring Brazil along with him to the top. But by 2015, Batista was bankrupt, his son Thor had been indicted for manslaughter, and Brazil—its president facing impeachment, its provinces combating an epidemic, and its business and political class torn apart by scandal—had become a cautionary tale of a country run aground by its elites. Over the four years Cuadros was on the billionaire beat, he reported on media moguls and televangelists, energy barons and shadowy figures from the years of military dictatorship, soy barons who lived on the outskirts of the Amazon, and new-econom
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In 2012, Brazilian tycoon Eike Batista was the eighth richest man in the world, his $30bn fortune built on Brazil's incredible natural resources. By the middle of 2013 he had lost it all, engulfed in scandal. Brazillionaires is a fast-paced account of Batista's rise and fall, and of the rise and rise of the hyper-rich, not just in Brazil but the world over: a story of helicopter flights, high-speed car crashes and beach-front penthouses. But it is also an investigation into a country apparently poised to become a superpower, yet beset by endemic inequality and corruption. Stefan Zweig said in 1941 that Brazil was the country of the future; Brazilians joke that it always will be. Today, despite recent turmoil, that future seems closer than ever. It is the world's seventh-largest economy, companies like Heinz, Budweiser and Burger King are now controlled by Brazilian investors and Rio de Janeiro is hosting the 2016 Olympics. The brazillionaires have ridden the crest of Brazil's wave of progress; through them Brazillionaires tells the story of their country's past, present and future.
- Author : Summary Zoom
- Publisher : Createspace Independent Publishing Platform
- Release Date : 2017-05-02
- Genre : Uncategorized
- Pages : 26
- ISBN : 1546448993
When we think of Brazil, we think of beautiful beaches and beautiful people. It is a tapestry of people from different backgrounds all just having fun. However, this is far from the truth of what is going on Brazil. Despite Brazil being part of the BRIC nations; those with the most potential for growth in the global economy; Brazil is considered economically backwards in many ways. You get an idea of this when you look deeper into its politics and economic policies. In this edition of Summary Zoom, we will analyze and summarize the ideas put forth in Brazillionaires, a book that truly exposes the dark side of Brazil's rise and arguably its inexorable fall. Enjoy!
- Author : Summary Shorts
- Publisher : Createspace Independent Publishing Platform
- Release Date : 2017-09-16
- Genre : Uncategorized
- Pages : 26
- ISBN : 1976481198
When we think of Brazil, we think of beautiful beaches and beautiful people. It is a tapestry of people from different backgrounds all just having fun. However, this is far from the truth of what is going on Brazil. Despite Brazil being part of the BRIC nations; those with the most potential for growth in the global economy; Brazil is considered economically backwards in many ways. You get an idea of this when you look deeper into its politics and economic policies. In this edition of Summary Shorts, we will analyze and summarize the ideas put forth in Brazillionaires, a book that truly exposes the dark side of Brazil's rise and arguably its inexorable fall. Enjoy!
Goose Island opened as a family-owned Chicago brewpub in the late 1980s, and it soon became one of the most inventive breweries in the world. In the golden age of light, bland and cheap beers, John Hall and his son Greg brought European flavors to America. With distribution in two dozen states, two brewpubs and status as one of the 20 biggest breweries in the United States, Goose Island became an American success story and was a champion of craft beer. Then, on March 28, 2011, the Halls sold the brewery to Anheuser-Busch InBev, maker of Budweiser, the least craft-like beer imaginable. The sale forced the industry to reckon with craft beer's mainstream appeal and a popularity few envisioned. Josh Noel broke the news of the sale in the Chicago Tribune, and he covered the resulting backlash from Chicagoans and beer fanatics across the country as the discussion escalated into an intellectual craft beer war. Anheuser-Busch has since bought nine other craft breweries, and from among the outcry rises a question that Noel addresses through personal anecdotes from industry leaders: how should a brewery grow?
Alternative Criminologies celebrates a kaleidoscopic process of permanent critique and a diversity of social and scientific knowledges. It examines complex and global crime issues in light of the many alternative scientific, artistic, empathetic, campaigning and otherwise imaginative criminologies that attempt to understand and/or fundamentally change why crime and justice take the forms they do. From cutting edge topics such as crimes against humanity, the criminology of mobility, terrorism, cybercrime, corporate crime and green criminology; to gendered perspectives on violence against women, sexualities and feminist and queer criminologies; to key issues in penology such as mass incarceration, the death penalty, desistance from crime, risk and the political economy of punishment; Alternative Criminologies demonstrates the breadth, the variety and the vibrancy of contemporary perspectives on crime, criminalization and punishment. Bringing together 34 leading experts from around the world, this international collection unites fresh and insightful theoretical positions with innovative empirical research and marks an important juncture for criminologies and their imagined futures. Alternative Criminologies is essential reading for students of crime and criminal justice.
Brazilian music has been central to Brazil's national brand in the U.S. and U.K. since the early 1960s. From bossa nova in 1960s jazz and film, through the 1970s fusion and funk scenes, the world music boom of the late 1980s and the bossa nova remix revival at the turn of the millennium, and on to Brazilian musical distribution and branding in the streaming music era, Bossa Mundo: Brazilian Music in Transnational Media Industries focuses on watershed moments of musical breakthrough, exploring what the music may have represented in a particular historical moment alongside its deeper cultural impact. Through a discussion of the political meaning of mass-mediated music, author K. E. Goldschmitt argues for a shift in scholarly focus--from viewing music as simply a representation of Otherness to taking into account the broader media environment where listeners and intermediaries often have conflicting priorities. Goldschmitt demonstrates that the mediation of Brazilian music in an increasingly crowded transnational marketplace has lasting consequences for the creative output celebrated by Brazil. Like other culturally rich countries in Latin America--such as Cuba, Mexico, and Argentina--Brazil has captured the imagination of people in many parts of the world through its music, driving tourism and international financial investment, while increasing the country's prominence on the world stage Nevertheless, stereotypes of Brazilian music persist, especially those that valorize racial difference. Featuring interviews with key figures in the transnational circulation of Brazilian music, and in-depth discussions of well-known Brazilian musicians alongside artists who redefine what it means to be a Brazilian musician in the twenty-first century, Bossa Mundo shows the pernicious effects of branding racial diversity on musicians and audiences alike.
Like a giant oil tanker, the world is slowly turning. The rapid growth of economies in Asia and the global South has led to a momentous shift in the world order, leaving much of the traditional literature on globalization behind. Multipolar Globalization: Emerging Economies and Development is the perfect guide to these ongoing 21st-century transformations, combining engaging and wide-ranging coverage with cutting-edge analysis. The rise of China and other emerging economies has led to the emergence of a new geography of trade, new economic and political combinations, new financial actors, investors and donors, and weaker American hegemony. This interdisciplinary volume combines development studies, global political economy, sociology, and cultural studies to ask what this growth means for domestic and global inequality and examines the role of multipolarity in the reshaping of globalization. Renowned globalization scholar Jan Nederveen Pieterse deftly guides the reader through the development of globalization in the West and the East, explaining key topics such as the 2008 crash, trends in inequality, the changing fortunes of the BRICs, and the role of governance and democracy. Accessible and insightful, this book will be an essential guide for both students in the social sciences and for professionals and scholars seeking a fresh perspective.
In China, credit is booming, so is subprime credit. Instead of disrupting the banks, fintech is energizing the subprime credit sector while helping the banks. It is a chaotic scene, causing headaches to the government and much harm to investors and borrowers alike. The regulatory stance is full of intrigue. But things are not all negative. If fintech can enable all subprime borrowers to access credit cheaply, safely, and cost-effectively, all the chaos and trouble will have been worthwhile. For decades, China’s subprime sector has been the plumber for the banks. Fintech is now adding some sharp tools. If the two can work together well, the banks will be much safer, and more profitable. This book explains how the major players are doing it, and why there are risks and rewards for us all. TABLE OF CONTENTS Disclaimer By the Same Author Introduction Chapter 1 “Fraudsters Are the Biggest Winners!” Chapter 2 Subprime Financing in the U.S. vs China Chapter 3 Horror Stories Chapter 4 Data, Data Everywhere. Which Is Useful? Chapter 5 Rotten Apples Everywhere Chapter 6 Common Joe Plays the Online Credit Market Chapter 7 Two Leaders: 51 Credit and Feidai (CredEx) Chapter 8 Qudian and Other Winners Will Not Take All Chapter 9 Why Is Every Chinese Company Dabbling in Finance? Chapter 10 Tackling the Used Car Finance Market Chapter 11 Home Equity Loans for New Urbanites Chapter 12 Too Many Limited-License Banks? Chapter 13 The Tidal Waves of Subprime Credit Chapter 14 Cleaning Up the Mess Chapter 15 Valuations, and Not-So-Cynical Conclusions Afterword Appendix Select Bibliography Acknowledgments
Open Journey Back To Watooka and take a reading leap out of your ordinary world into one that is truly unique, remarkable and mesmerizing ... that of Guyana. Locate it and master your mind to the magniffcent wonders of rainforest ora, fauna and flying things. Follow the Demerara ‘river of wonder’ upstream to the pulsating heart of bauxite country ... to Linden ...and to Watooka. Understand more about Guyana’s precious bauxite resource, about its history and of how the country, working with Canada, had helped to win WWII by producing aluminium to construct almost 40% of Allied war planes. Learn about the history and colourful culture of the only English speaking country in South America and the only country in the Caribbean that is not an island. Discover its rich past before, during and a er slavery. Enjoy seemingly endless stories of amazing people of six races entwined with history and achievement, not only in the country but also around the world. Counting explorers, slaves, quoted notables, common folks, politicians, government and business VIPs, engineers, academics, clergy, authors/poets, Amerindians, social workers and others, over 800 names are given mention. Enjoy this reading journey ... this ’story of stories’ written by a master story teller. And, learn about the promising future for this third world country about to cross forth into a first world future.
- Author : Donald C. Wood
- Publisher : Emerald Group Publishing
- Release Date : 2020-06-09
- Genre : Social Science
- Pages : 301
- ISBN : 9781839096600
This volume explores current issues in national and international policy, business and capitalism and economic theory and behavior specifically pertaining to Brazil. The underlying theme running through the collection is the steady encroachment of neoliberalism into economic policy and practice, and the impact this has had on everyday ways of life.
This book is the newest and one of the very few existing examinations of the full nature of corruption throughout Central and South America. In detailed chapters written by experts with extensive in-country experience, it reveals the political and economic roots and consequences of corruption in Argentina, Bolivia, Brazil, Colombia, Guatemala, Honduras, Mexico, and Peru. The editor’s introduction and conclusion texts synthesize their work and provides an over-arching view of corrupt practices and anti-corruption initiatives throughout Latin America. Corruption in Latin America shows the extent to which corrupt practices engulf each of the countries discussed, the involvement of political and corporate entities in the pursuit of ill-gotten gains, and the drag on development caused by corruption in each political entity. The book will be of interest for social scientists, political actors and social activists involved in the fight against corruption in Latin America by providing in-depth analyses of the topic and discussing how best to pursue anti-corruption efforts through civil society actions, judicial endeavors, legal shifts, or elections.