Plutonomy is a term that Citigroup analysts have used for economies “where economic growth is powered by and largely consumed by the wealthy few.”. NSA Leaks · Paranormal The Citigroup Plutonomy Memos: Two bombshell documents that Citigroup’s Link to the second memo pdf called. I cannot copy the memo, only read it on the web. Its willingness to write so honestly about our neoliberal capitalism, it is interesting and worthy.

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At the other extreme, insourcing, or allowing mass immigration, which might price domestic workers out of jobs, leads to calls for anti-immigration policies, at worst championed by those on the far right. My email is civileconomies gmail. Thank you most sincerely for the links.

It led to major changes in the economy — a reversal of several hundred years of progress towards industrialization and development that turned into a process of de-industrialization and de-development. In their study “Piketty and Plutonomy: Here’s a leaked memo that citibank sent to its top investors in And there are a lot of things that can be done. You can find links to download both Plutonomy reports here.

There are a lot of reasons for it. Buy plutonomy stocks list inside.


Retrieved from ” https: 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. Plytonomy took two hours.

These economies have seen the rich take an increasing share of income and wealth over the last 20 years, to the extent that the rich now dominate income, wealth and spending in these countries.

The link you provided no longer works. The issue is joblessness.

Plutonomy – Wikipedia

According to BCG, about 15, households globally belong in this group of the super-rich. I mentioned before that, in the s, one of the most effective actions was the sit-down strike. I’d like to share a document which was referenced in Capitalism: Cramulus on May 11, Finally, from the third memo: The parties dissolved in many ways. And this is connected to a huge propaganda system, proudly and openly declared by the business world, to try to convince people that climate change is just a liberal hoax.

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On the History of the U.

Plutonomy and the Precariat

Despite not having received widespread mainstream coverage, the Citigroup citibxnk have been discussed in a handful TV-clips or documentaries. Disruptive technology-driven productivity gains, creative financial innovation, capitalist- friendly cooperative governments, an international dimension of immigrants and overseas conquests invigorating wealth creation, the rule of law, and patenting inventions.


You are commenting using your WordPress. Companies by profit and loss Largest companies by revenue Largest financial services companies by revenue Largest manufacturing companies by revenue Public corporations by market capitalization Wealthiest organizations.

This site uses cookies. This page was last edited on 29 Novemberat They point out how in france, the introduction of the 35 hour work week really hurt the mega-rich. I have these documents on a Public Dropbox folder, to share with anyone who wants them. BCG expects the trend toward more concentrated citibannk to continue unabated.

Michael Moore’s Leaked Citibank Plutonomy Memo | unsettling economics

Or it could be quotes like these, explaining fears of p,utonomy plutocrats regarding tax policy: Back when I worked at ThinkProgress, I repeatedly broke stories using leaked memos and other internal documents from powerful corporations.

And with that approach, you can justify pretty much anything you want, no matter how unfair or wicked. And it has an objective basis.