The world's billionaires keep increasing in number and, especially, in wealth. Having derived their vast fortunes from exploiting workers, they use it not only to engage in profligate spending, but to promote rightwing public policy, take personal command of major nations, and (occasionally) engage in the kind of philanthropy that promotes their interests. Overall, as the world's wealth is concentrated in fewer and fewer hands, most people around the world are clearly the losers.