Super Rich

In recent years, there has been increasing debate about the growth of income and wealth inequality both between and within industrialized and developing nations. Particularly in countries like the United States and the United Kingdom, the income gains from growth have accrued increasingly to a new class of “super-rich.” Growing inequality in the distribution of income and wealth appears to hold not merely for the world as a whole but within the world's richest countries. Inequality—not just poverty—is now recognized to entail serious social costs. A major challenge to mobilizing support for green economics is to recognize that reversing growing inequality must be part of any “new green deal.”

Journalist Robert H. Frank popularized the term super rich in his book titled Richistan—a mythical country (styled ...