CITIGROUP PLUTONOMY REPORT PDF

The reports are available (for the time being: 20 June here and here from Edward Fullbrook In and Citigroup issued two now. Reports Letter to Shareholders. Reports. Annual Report (full web version) · Annual Report (pdf) · Proxy Statement. Letter to Shareholders. a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report .

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Look up plutonomy in Wiktionary, the free dictionary.

;lutonomy Easier download of both documents: I should say that, in the s and s, there was also the development of what several decades later became the high-tech economy: This page was last edited on 29 Novemberat There might be a connection with Robert Gordon.

That is not true.

Not literal numbers, but the right picture. And to not worry about the stuff news reports on the economy always talk about, rrport lack of consumer confidence and high gas prices.

There citigfoup other factors. Citigroup wrote memos in and addressed to investors, basically saying that the world is dividing up more and more into a small group of rich people who drive the reeport, surrounded by a large number of poor people whose economic interests can be safely ignored.

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Eight years after Kapur and his team developed and published their plutonomy thesis, the French economist Thomas Piketty achieved worldwide prominence with his book Capital in the Twenty-First Century.

By using this site, you agree to the Terms of Use and Privacy Policy. You can see it right now, in fact. While the financial wealth of the repot is expected to increase by 3. Just to make it more surreal, while this option was being avoided, the Obama administration was sending its transportation secretary to Spain to get contracts for developing high-speed rail for the United States, which could have been done right in the rust belt, which is being closed down.

Plutonomy – Wikipedia

Email required Address never made public. This site uses Akismet to reduce spam. The activism of those years, after a pretty dismal decade, really civilized the country in lots of ways that are permanent. Low-end developed market labor might not have much economic power, but it does have equal voting power with the rich.

Plutocrats repent, your end is near. One reason is that the US central bank Federal Reserve is reducing their asset purchases. You have to form the structures that will be sustained, that will go on through hard times and can win major victories.

Richard William Posner permalink.

Plutonomy – SourceWatch

The idea of worker takeovers is something which is, incidentally, very much on the agenda today, and we should keep it in mind. Download a copy of these memos. And there are a lot of things that can be done. Notify me of new posts via email.

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And of course, to buy luxury-goods stocks. Leave a Reply Cancel reply Enter your comment here The multinational decided to close it down instead, reoort for reasons of class-consciousness. Practically every country in the world is taking at least halting steps towards trying to do something about it. Nice point to remember when your bourgeois-liberal friend starts ranting about those horrible irresponsible Americans with their maxed-out credit cards and gas-guzzling SUVs.

Plutonomy and the Precariat

And he was highly praised for this, greatly admired. Fill in your details below or click an icon to log in: Both reports were leaked and made available on the WEB.

There are going to be barriers, difficulties, hardships, failures. Take a look at the polls.

The full report is available here http: A TomDispatch regularhe is the author of numerous best-selling political works, most recently, Hopes and ProspectsMaking the Futureand Occupypublished by Zuccotti Park Pressfrom which this speech, given last October, is excerpted and adapted. Behold the Dark Side!

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