In , Citigroup came out with a brochure for investors called “Plutonomy: Buying Luxury, Explaining Global Imbalances.” It urged investors. Maybe I’m the last person who’s hearing about the Citigroup “plutonomy memos”, but they’re blowning me away. Wait, now that I look around. The full report is available here MarPlutonomy-Report-Leaked-Citigroup-Memo-Part1.
|Country:||Trinidad & Tobago|
|Published (Last):||1 July 2015|
|PDF File Size:||13.86 Mb|
|ePub File Size:||3.77 Mb|
|Price:||Free* [*Free Regsitration Required]|
Submit a new link. Regarding your closing quote about equal voting power with plutonomyy rich, I would inreasingly question this. Asset booms, a rising profit share and favourable treatment by market-friendly governments have allowed the rich to prosper and become a greater share of the economy in the plutonomy countries.
Submit a new text post. Look up plutonomy in Wiktionary, the free dictionary. Part 1 Part 2. Please respect other views and opinions, and keep an open mind. This equal voting power seems to be a pretty serious concern for their plans.
They are richer than ever, more powerful than ever, controlling the political system, disregarding the public. Init was times.
In a sense, this backlash has been epitomized by the media coverage and actual prosecution of high-profile ex-CEOs who presided over financial misappropriation. The United States is also taking steps, mainly to accelerate the threat. I would greatly appreciate it as none of the links are currently functioning. Self posts that lack context or content may be removed. These memos prove the opposite, that the elite are perfectly happy to let us drown. The political system began to dissolve.
They had the capacity to do it, the skilled work force. Show them to your conservative friends, the ones who believe we still live in a society where everyone can be rich if they just work hard enough. And the reason is simple: Link posts without a Statement will be removed after 20 minutes.
But unless the spirit of the last year, here and elsewhere in the country and around the globe, continues to grow and becomes a major force in the social and political world, the chances for a decent future are not very high.
We thought this was good time to bang the drum on plutonomy. Steel decided to close one of its major facilities in Youngstown, Ohio. A multinational decided to close down a profitable, functioning facility carrying out some high-tech manufacturing. The legislation, essentially bipartisan, drives new fiscal policies and tax changes, as well as the rules of corporate governance and deregulation. Our goals are a fairer, more transparent world and a better future for everyone.
Plutonomy and the Precariat
Other image posts are subject to removal at moderators discretion. You can find links to download both Plutonomy reports here.
But they seem to have been largely ignored by scholars. No stalking or trolling.
I have saved copies to my hard drive and will reblog this post on my blog as well. There are, for the first time in human history, real threats to the decent survival of the species.
Citigroup attempts to disappear its Plutonomy Report #2 | Real-World Economics Review Blog
Smith bruceedmonds Kevin P. And this is considered a good thing. This could be a period of irreversible decline. Their strategy seems to be rather short-sighted. Can you believe they like to be inside of a golden egg? You are commenting using your Facebook account.
Sorry, your blog cannot share posts by email. On Politics and Money.