Richistan
A Journey Through the American Wealth Boom and the Lives of the New Rich
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Narrated by:
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Dick Hill
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By:
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Robert Frank
About this listen
Richistan is like the best travel writing, full of colorful and interesting stories providing insights into exotic locales. Robert Frank has been loitering on the docks of yacht marinas, pestering his way into charity balls, and schmoozing with real-estate agents selling mega-houses to capture the story of the 21st century's nouveau riche.
As Robert Frank reveals, there is not one Richistan but three: Lower, Middle, and Upper, each of which has its own levels and distinctions of wealth: the haves and the have-mores. The influence of Richistan and the Richistanis extends well beyond the almost ten million households that make up its population, as the nonstop quest for status and an insatiable demand for luxury goods reshapes the entire American economy.
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Story
In 2002, the town of Galesburg, a slowly declining Rustbelt city of 33,000 in western Illinois, learned that it would soon lose its largest factory, a Maytag refrigerator plant that had anchored Galesburg's social and economic life for decades. Workers at the plant earned $15.14 an hour, had good insurance, and were assured a solid retirement. In 2004, the plant was relocated to Reynosa, Mexico, where workers sometimes spent 13-hour days assembling refrigerators for $1.10 an hour.
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A Story I thought I Knew
- By Meek84 on 07-08-18
By: Chad Broughton
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Glass House
- The 1% Economy and the Shattering of the All-American Town
- By: Brian Alexander
- Narrated by: Bob Souer
- Length: 11 hrs and 7 mins
- Unabridged
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The Anchor Hocking Glass Company, once the world's largest maker of glass tableware, was the base on which Lancaster's society was built. As Glass House unfolds, bankruptcy looms. With access to the company and its leaders, and Lancaster's citizens, Alexander shows how financial engineering took hold in the 1980s, accelerated in the 21st century, and wrecked the company.
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What really happened to the American Dream?
- By Bill on 05-10-17
By: Brian Alexander
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How Money Became Dangerous
- The Inside Story of Our Turbulent Relationship with Modern Finance
- By: Christopher Varelas, Dan Stone
- Narrated by: Roger Wayne
- Length: 14 hrs and 43 mins
- Unabridged
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From a veteran of the trade, a provocative and entertaining voyage into the turbulent heart of modern money that sheds new light on the rise of our threatening and complicated financial system, how money became our adversary, and why finding a new course is crucial to a healthy society.
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Must read
- By Craig M. Stratton on 02-08-20
By: Christopher Varelas, and others
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Red Roulette
- An Insider's Story of Wealth, Power, Corruption, and Vengeance in Today's China
- By: Desmond Shum
- Narrated by: Tim Chiou
- Length: 9 hrs and 21 mins
- Unabridged
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As Desmond Shum was growing up impoverished in China, he vowed his life would be different. Through hard work and sheer tenacity he earned an American college degree and returned to his native country to establish himself in business. There, he met his future wife, the highly intelligent and equally ambitious Whitney Duan who was determined to make her mark within China’s male-dominated society. Whitney and Desmond formed an effective team and, aided by relationships they formed with top members of China’s Communist Party, the so-called red aristocracy.
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Desmond Shum is not a rube! He knows about wine, ok?
- By Peter L Hansen on 10-06-21
By: Desmond Shum
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You Only Have to Be Right Once
- The Unprecedented Rise of the Instant Tech Billionaires
- By: Randall Lane
- Narrated by: Walter Dixon
- Length: 5 hrs and 36 mins
- Unabridged
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Over the last three years, Forbes has published in depth profiles of this new batch of billionaires, including the founders of Spotify, Dropbox, Tumblr, and Twitter. Now, in a compilation introduced and updated by Forbes editor Randall Lane, fans and critics alike will get a comprehensive look at who these super-entrepreneurs are and what they say about their own success and their plans for the future.
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Awesome book!
- By Jamal Love on 06-17-15
By: Randall Lane
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In-N-Out Burger
- A Behind-the-Counter Look at the Fast-Food Chain That Breaks All the Rules
- By: Stacy Perman
- Narrated by: Loren Lester
- Length: 10 hrs and 13 mins
- Unabridged
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It's the untold story of the renegade burger chain that evokes a passionate following unlike any other. In fast-food corporate America, In-N-Out Burger stands apart. Begun in a tiny shack in the shadow of World War II, this family-owned chain has steadfastly refused to franchise or be sold. It is a testament to old-fashioned values and reminiscent of a simpler time when people, loyalty, and a freshly made, juicy hamburger meant something.
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Flowery Promo Piece
- By Melissa on 02-22-10
By: Stacy Perman
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The Billionaire Raj
- A Journey Through India's New Gilded Age
- By: James Crabtree
- Narrated by: Shridhar Solanki
- Length: 14 hrs and 42 mins
- Unabridged
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In megacities like Mumbai, where half the population live in slums, the extraordinary riches of India’s new dynasties echo the Vanderbilts and Rockefellers of yesterday. James Crabtree’s The Billionaire Raj takes listeners on a personal journey to meet these reclusive billionaires, fugitive tycoons, and shadowy political power brokers. Crabtree dramatizes the battle between crony capitalists and economic reformers, revealing a tense struggle between equality and privilege playing out against a combustible backdrop of aspiration, class, and caste.
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Engaging, authors politics could be reduced
- By Chris on 06-17-23
By: James Crabtree
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Plutocrats
- The Rise of the New Global Super-Rich and the Fall of Everyone Else
- By: Chrystia Freeland
- Narrated by: Allyson Ryan
- Length: 11 hrs and 38 mins
- Unabridged
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There has always been some gap between rich and poor in this country, but in the last few decades what it means to be rich has changed dramatically. Alarmingly, the greatest income gap is not between the 1 percent and the 99 percent, but within the wealthiest 1 percent of our nation-as the merely wealthy are left behind by the rapidly expanding fortunes of the new global super-rich. Forget the 1 percent; Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at break-neck speed.
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Good Storytelling but ... analysis is "eh'
- By Susan on 11-04-12
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The Greatest Trade Ever
- The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History
- By: Gregory Zuckerman
- Narrated by: Marc Cashman
- Length: 11 hrs and 40 mins
- Unabridged
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In 2006, hedge fund manager John Paulson realized something few others suspected - that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall. Paulson's background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing. He had spent a career as an also-ran on Wall Street. But Paulson was convinced this was his chance to make his mark. He just wasn't sure how to do it. Colleagues at investment banks scoffed at him and investors dismissed him.
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Better Books Now Available
- By David on 05-02-11
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Chicken Soup for Entrepreneur's Soul: Advice and Inspiration for Fulfilling Dreams
- By: Jack Canfield, Mark Victor Hansen
- Narrated by: Alan Robertson
- Length: 8 hrs and 21 mins
- Unabridged
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Chicken Soup for the Entrepreneur's Soul is a compilation of short stories from entrepreneurs, both large and small, who share their experiences of success, failure and courage, with a little helpful advice mixed in. Many of these stories, told for the first time here, will enlighten you to new methods of entrepreneurship or simply help you believe in the possibilities of getting started.
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Great!
- By Anonymous User on 03-01-20
By: Jack Canfield, and others
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A Man and His Mountain
- The Everyman Who Created Kendall-Jackson and Became America's Greatest Wine Entrepreneur
- By: Edward Humes
- Narrated by: Mel Foster
- Length: 12 hrs and 30 mins
- Unabridged
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A Pulitzer Prize-winning journalist tells the story of the self-made billionaire who built the Kendall-Jackson empire from nothing into the biggest-selling brand of premium wines in the U.S. Jess Stonestreet Jackson was one of a small band of pioneering entrepreneurs who put California's wine country on the map. His life story is a compelling slice of history, daring, innovation, feuds, intrigue, talent, mystique, contrarianism, and luck, offering a unique window on the elegant, adventurous, and cut-throat worlds of Jackson's two passions: wine and horseracing.
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Required listening for any wine maker
- By Michael Carr on 01-10-15
By: Edward Humes
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The King of Content
- Sumner Redstone’s Battle for Viacom, CBS, and Everlasting Control of His Media Empire
- By: Keach Hagey
- Narrated by: Gabra Zackman
- Length: 10 hrs and 51 mins
- Unabridged
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Sumner Murray Redstone, once feared as the “mad genius” of media who would dump his CEOs for mere wobbles in his companies’ stock price, had built one of the world’s greatest media empires through a series of audacious takeovers constructed to ensure that he always maintained control. Today he controls 80 percent of the voting shares of both Viacom and CBS, meaning that on a whim he could replace the entire boards of two public companies with a combined value of $40 billion.
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Feels biased. Well researched, but not engaging.
- By Anonymous User on 04-03-19
By: Keach Hagey
What listeners say about Richistan
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Darrell
- 03-31-24
I'd love to see an update
This came out in 2007-2008 long before Trump who is mentioned in the book became president and changed how we see the country, politics and money in general. During the COVID-19 crisis all economy is depending on people staying at home got bigger and the owners got richer, I'd love to hear Mr. Franks take on the post covid America and the state of Richstan now.
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Overall
- Andy
- 07-14-07
awash in dough
Vibrant overview of today's wealth culture, from the wannabees to those who have made it. Entertaining as well as informative, with a narrator that is very easy to listen to.
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2 people found this helpful
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- Bruce in Pittsburgh
- 02-01-23
More money, different problems
This book points out the blatant and inherent problems caused by wealth accumulation, living with excess and the fears associated with sustaining the subsequent lifestyle cheated therein. An interesting insight into the “problems” of the super rich… and the industries born to prop up their existence.
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Overall
- Kenneth
- 07-15-07
Enjoyable Read
I wouldn't exactly call it essential reading, but it does describe one of the effects of globalization on American culture. American workers who can be replaced by Chinese are becoming increasingly less valuable, while American entrepreneurs who develop products for the global market are able to generate considerable wealth. This book shows the reader how an emerging class of newly rich Americans is developing a distinctive way of life within the larger American culture.
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6 people found this helpful
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Overall
- PeppyD
- 07-01-07
The rich aren't like us
The super rich are truly not like us. Richistan explains how and why. The premise of the book is that the super rich live in their own insular world of household managers, executive chefs, nannies, private jets, multiple vacation homes, and yatchs. Richistan offers a candid examination of how a new generation of Americans have become super wealthy as well as how they spend their newly found riches.
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4 people found this helpful
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- Wade T. Brooks
- 06-25-12
Interesting Book
Interesting. I would like to see an addendum/update/v2.0 with the aftermath of the 2008/9 market meltdown and the effect that had on the different groups in this study.
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1 person found this helpful
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- Marc
- 07-30-19
an amazing look into the life of the super rich.
although the amount of money has greatly increased since this book was written a lot of the principles throughout it are still effective including the rise and fall of wealth. I recommend it for anyone who becomes suddenly wealthy.
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- ken Wheeler
- 09-12-07
Who Knew?
Who knew there was that much wealth around? This book was loaned to me by a member of, I will guess, Lower Richistan and I had to buy it.
I work in a resort community for wealthy people and I have long wondered where they all come from, how they got there and how do you describe the rich since they are obviously not all rich to the same degree.
I love the writer's take on this. I also like the fact that he shows the generosity of the wealthy and how their wealth creates monetarily and emotionally satisfying jobs for working class people like me who know how to provide good service.
This could really help people understand wealth beyond the "us and them" portrayal in the media in general.
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1 person found this helpful
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Overall
- William Milz
- 03-16-08
Required reading before you spend your $600 rebate
Great picture to describe the "privileged class" in vivid terms. Robert Frank continues his explanation of the growing inequality in our country, by explaining the gap arising within the "Nation of Richistan" itself! I was led to a moment of sympathy for the 1/5 of lower Richistanis who had to spend their entire annual income in a fruitless attempt to keep up with their betters. Since I was listening to this book while driving, I could feel the pathos in narrator Dick Hill's voice as he describes the problem facing Richistani's as they queue up for dock space for their yacht, or even more when they have to wait for takeoff clearance on a friday evening flight on their private jet. Our faith is restored when we are told how one Richistani daughter's wish for her birthday is to fly commercial, "so she can see what the inside of an airport terminal looks like". Hill's narration adds a cheerful tone to this Robert Frank contribution. Helps paint a clearer picture of the real difference between the two Americas; one that no local or national politician seems to recognize.
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1 person found this helpful
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Overall
- Cleora
- 07-03-09
Not what I expected
I thought the book would be more voyeuristic. I wanted to know all about the trappings of wealth. There is some of that in here, but several chapters drone on endlessly with statistics and finance. One chapter profiles a man who lost all his money. I could care less--the book is not called "Pooristan." I wanted more juicy details about what's in rich folks' houses, what clothes they buy, how do they treat their family, and how do they live this lifestyle day to day. In short, I found this book booooring in many places. It's not quite what it appears to be.
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1 person found this helpful