WEALTH SUPREMACY: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises
MARJORIE KELLY (foreword by Edgar Villanueva)
Berrett-Koehler Publishers (non-affiliate Bookshop.org link)
$14.99 ebook, available now
Rating: 4* of five
The Publisher Says: A powerful analysis of how the bias towards wealth that is woven into the very fabric of American capitalism is damaging people, the economy, and the planet, and what the foundations of a new economy could be.This bold manifesto exposes seven myths underlying wealth supremacy, the bias that institutionalizes infinite extraction of wealth by and for the wealthy, and is the hidden force behind economic injustice, the climate crisis, and so many other problems of our day:
I RECEIVED A DRC FROM THE PUBLISHER VIA EDELWEISS+. THANK YOU.
My Review: My essential problem with the thinking about climate change in the world today...and a lot of thinking is taking place, including bolstering "it's inevitable, we're doomed, nothing can fix this"...is that it's successful at only one thing: obscuring the causal role untrammelled, unregulated capitalism has played in causing it in the first place.
Author Kelly rips that band-aid off, and then dismantles capitalism's supporting mythology. It's thorough. it's detailed, and it's endnoted. There are also resources given, so there is no lack of detail to feed your curiosity and bolster your ability to argue the topic with a friend of a differing opinion.
I suspect the prose will be a sticking point for many of y'all. The scholarly will want the tedious, excruciatingly boring details spelled out in Scholarspeak, dismissing this as written for a magazine; the magazine-reading folk will seriously exoerience MEGO on every page.
What I'll offer is this: If a reader in the MEGO population will read one chapter at a time, on one topic of pernicious misdirection or manipulation of your attention away from alternative modes of action, then sit to really *think* about it for a day, looking up stuff you need to, then move forward (or quit) you'll get more out of it. Worst-case reading ie picking up a sample and throwing up your hands because it's talking about stuff you've been told you don't understand, will short-change you. Author Kelly does a really good job of explaining the complicated ideas in an urgent way...communicating urgency, not sounding breathlessly upset, to be clear...and it's literally existential to our society to find new ways and new thoughts to guide us before the climate really gets weird.
We can't stop what's already in progress. We can and should and must act now to save millions, billions, of lives even at the expense of lifestyles.
Please, whenever you think "too hard" and walk away, imagine firing a gun into a crowd: You'll hit someone, no knowing who, and deliberately, negligently change or end their life.
The stakes are that high.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
DECOLONIZING WEALTH, Second Edition: Indigenous Wisdom to Heal Divides and Restore Balance
EDGAR VILLANUEVA (foreword by Bishop William J. Barber II)
Berrett-Koehler Publishers (non-affiliate Bookshop.org link)
$16.99 ebook, available now
Rating: 4* of five
The Publisher Says: Decolonizing Wealth is a provocative analysis of the dysfunctional colonial dynamics at play in philanthropy and finance. Award-winning philanthropy executive Edgar Villanueva draws from the traditions from the Native way to prescribe the medicine for restoring balance and healing our divides.
Though it seems counterintuitive, the philanthropic industry has evolved to mirror colonial structures and reproduces hierarchy, ultimately doing more harm than good. After 14 years in philanthropy, Edgar Villanueva has seen past the field's glamorous, altruistic façade, and into its shadows: the old boy networks, the savior complexes, and the internalized oppression among the "house slaves," and those select few people of color who gain access. All these funders reflect and perpetuate the same underlying dynamics that divide Us from Them and the haves from have-nots. In equal measure, he denounces the reproduction of systems of oppression while also advocating for an orientation towards justice to open the floodgates for a rising tide that lifts all boats. In the third and final section, Villanueva offers radical provocations to funders and outlines his Seven Steps for Healing.
With great compassion—because the Native way is to bring the oppressor into the circle of healing—Villanueva is able to both diagnose the fatal flaws in philanthropy and provide thoughtful solutions to these systemic imbalances. Decolonizing Wealth is a timely and critical book that preaches for mutually assured liberation in which we are all inter-connected.
I RECEIVED A DRC FROM THE PUBLISHER VIA EDELWEISS+. THANK YOU.
My Review: The US midterm elections are 3 November 2026, four days from now. No matter how they turn out...please, please turn out to vote!...there are issues now on blatant display that need to be addressed. Awareness of these issues, the extreme polarization of wealth centrally, is higher than it's been in over a generation.
You won't buy and read this book before the election. It's a topic that, now foregrounded in the awareness of many, needs thinking about as we head into the 2028 election without an incumbent. The old saying, "think before you speak; read before you think" has absolutely always been true. It is urgent now. What kind of world are you hoping to live in, from 2028 to your personal end? You should always vote with that in mind. The next few years are your chance to get ideas that resonate with you, then look for candidates running for office that best align with that world coming into being.
Edgar Villanueva, a charitable foundation consultant on Indigenous affairs and enrolled in the Lumbee tribe, offers a careful consideration of the manifold and manifest failings of a philanthropic solution to economic justice. As a Lumbee man he has seen philanthropies and social programs fail in their efforts to stem the submergence of Indigenous Americans into systemic poverty. Author Villanueva contends, with highly persuasive arguments, that this is all part of a system designed to support colonial, extractive economic activity. It is inherently racist, as it is controlled exclusively by white men, whether by birth or by training.
"If we are to escape the insidious hold racism has on our society, we must be intentional about truth and reconciliation. In Decolonizing Wealth, Edgar {Villanueva} lays a foundation that not only explains the history of wealth and racism but also provides a pathway to healing that we all need," reads Ibram X. Kendi's (National Book Award–winning author of Stamped from the Beginning and How to Be an Antiracist blurb for this read. It is a better distillation of Author Villanueva's purpose and intent than anything I could come up with. I know that I needed to see the techniques of wealth and resource extraction put into clear structures so I could perceive them as the problems for economic and social justice I want to live with for my remaining days.
It won't change my vote in 2026 because it changed me in 2022 when I read the book. I did not publish a review before the 2024 election because the fix was already in. Now is the time to buy or check out from the library this kind of reading. We need all hands on deck. We need informed, appalled, engaged citizens to *act* on their dissatisfaction, their offended sense of fairness and morality.
#ReadingIsResistance because and when it leads to actions. Like voting.











