Plutonomy, 2005 Citigroup Report

In 2005, Citigroup researchers wrote a report “Plutonomy” arguing that the world’s capitalists will be able to realize big profits as all US wealth becomes concentrated in a plutocrat class. Their report explains how financial capitalists think capitalism doesn’t need a mass consumption base.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s