''Eat the Rich: A Treatise on Economics'' is a 1998 book by
P. J. O'Rourke
Patrick Jake O'Rourke (November 14, 1947 – February 15, 2022) was an American libertarian political satirist and journalist. O'Rourke was the H. L. Mencken Research Fellow at the libertarian Cato Institute and a regular correspondent for ''Th ...
which explains
economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services.
Economics focuses on the behaviour and intera ...
in a humorous way. Its chapters include ''Good
Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. Central characteristics of capitalism include capital accumulation, competitive markets, pric ...
'' (
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
), ''Bad Capitalism'' (
Albania
Albania ( ; sq, Shqipëri or ), or , also or . officially the Republic of Albania ( sq, Republika e Shqipërisë), is a country in Southeastern Europe. It is located on the Adriatic and Ionian Seas within the Mediterranean Sea and shares ...
), ''Good
socialism
Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the e ...
'' (
Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...
), ''Bad socialism'' (
Cuba
Cuba ( , ), officially the Republic of Cuba ( es, República de Cuba, links=no ), is an island country comprising the island of Cuba, as well as Isla de la Juventud and several minor archipelagos. Cuba is located where the northern Caribbea ...
), and an intermission on "Economics
101 101 may refer to:
* 101 (number), the number
* AD 101, a year in the 2nd century AD
* 101 BC, a year in the 2nd century BC
It may also refer to:
Entertainment
* ''101'' (album), a live album and documentary by Depeche Mode
* "101" (song), a ...
", teaching facts that your economics professor didn't tell you, including the "ten less basic rules of
economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services.
Economics focuses on the behaviour and intera ...
". Subsequent chapters are on ''How to make everything out of nothing'' (
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...
), ''How to make nothing out of everything'' (
Tanzania
Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands and ...
), ''How (or how not) to reform (maybe) an economy (if there is one)'' (
Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the ...
) and ''Eat the rich'', the last an
encomium
''Encomium'' is a Latin word deriving from the Ancient Greek ''enkomion'' (), meaning "the praise of a person or thing." Another Latin equivalent is ''laudatio'', a speech in praise of someone or something.
Originally was the song sung by the c ...
to
capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. Central characteristics of capitalism include capital accumulation, competitive markets, pric ...
.
O'Rourke uses wit and an entire lack of mathematics (except in rare glances for parody) to claim that economics is something we all do every day, and only economists seem to find it difficult. He states, for example, that he has read ''
The Wealth of Nations
''An Inquiry into the Nature and Causes of the Wealth of Nations'', generally referred to by its shortened title ''The Wealth of Nations'', is the ''magnum opus'' of the Scottish economist and moral philosopher Adam Smith. First published in 1 ...
'' without finding any mathematics in it at all.
In the Acknowledgements, O'Rourke admits to stealing the title which he first saw on a Lebanese Shi'ite Militia T-shirt in the mid 80's. He also remembers later hearing its appropriation in an
Aerosmith song and acknowledges its use in the
Motörhead
Motörhead () were an English rock band formed in London in 1975 by Lemmy (lead vocals, bass), Larry Wallis (guitar) and Lucas Fox (drums). Lemmy was also the primary songwriter and only constant member. The band are often considered a precu ...
song, "
Eat the Rich
"Eat the rich" is a political slogan associated with class conflict and anti-capitalism. The phrase is commonly attributed to political philosopher Jean-Jacques Rousseau, from a quote first popularized during the French Revolution: "When the pe ...
".
References
Further reading
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*
External links
Podcast of PJ O'Rourke talking about ''Eat the Rich''on the BBC's ''
World Book Club
''World Book Club'' is a radio programme on the BBC World Service. Each edition of the programme, which is broadcast on the first Saturday of the month with repeats into the following Monday, features a famous author discussing one of his or her ...
''
*
Presentation by O'Rourke on ''Eat the Rich'', September 15, 1998 C-SPAN
Cable-Satellite Public Affairs Network (C-SPAN ) is an American cable and satellite television network that was created in 1979 by the cable television industry as a nonprofit public service. It televises many proceedings of the United States ...
''Booknotes'' interview with O'Rourke on ''Each the Rich'', January 3, 1999 C-SPAN
Cable-Satellite Public Affairs Network (C-SPAN ) is an American cable and satellite television network that was created in 1979 by the cable television industry as a nonprofit public service. It televises many proceedings of the United States ...
1998 non-fiction books
Economics books
Comedy books
Atlantic Monthly Press books
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