Want to know how the top 1 percent, the super wealthy live and control nearly everything in the US? Read this book. In a mere 117 pages, McDonell explains his own life and that of fellow 1 percenters. He details his early life, the private school he attended, the family connections, summers taking sailing lessons in the Hamptons, and vacations using private jets to places like the Galapagos Islands. At 18, he was able to get his first novel published in part because of his family connections to a famous publisher. Eventually, he left this life behind to become a foreign correspondent in Iraq and Afghanistan.

In this book he details how the super wealthy hoard wealth, pass it from one generation to another, and how outsiders, the poor and those not white, are kept out. Here are a few quotes from the book:

“I began to see how, in the United States of America and elsewhere, success almost always, and predominantly, depends upon wealth–and frequently comes at the expense of the less wealthy.”

“We in the one percent like to believe in meritocracy, even fairness.” At this point he lists several of famous people who rose to wealth and power from poorer circumstance and explains how this is used to make the “one percenters feel good, they distract from the possibility of a more humane distribution of wealth.”

Why do the one percenters behave as they often do? He interviews several whom he knows through his private school connections. “The fear they share was loss of wealth. Without ever saying so, they were very much afraid of losing their country houses, the barn converted for their kids sleepovers, the space for the grand piano, the green houses, pied-a-terre where their mother-in-law stayed without interfering in everyone’s business, the airport lounge that allowed them to enjoy pleasures among their own, in quiet. They were afraid of supermarket processed cheese, preferred organic stuff which they believed would keep them alive longer….they were afraid of losing their Prada bags…the cashmere….They feared losing wealth not for its own sake but because it was justified, in their own minds, by intelligence, hard work, determination—that is by character.” They truly seem to believe they are smarter and harder working than other people.