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. In , Citigroup came out with a brochure for investors called “Plutonomy: Buying Luxury, Explaining Global Imbalances.” It urged investors.

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The Occupy movement has been an extremely exciting development. You are commenting using your Twitter account.

There were other factors. To this end, the cleaning up of business practice, by high-profile champions of fair play, might actually prolong plutonomy. It is ciitibank to drown in a lake with an average depth of 4 feet, if one steps into its deeper extremes. One was what pltuonomy done: Back when I worked at ThinkProgress, I repeatedly broke stories using leaked memos and other internal documents from powerful corporations. Fill in your details below or click an icon to log in: In fact, some of them are major.

Plutonomy – Wikipedia

Notify me of new comments via email. The Revenge of Inequality” they state that in the long term the drivers of the further concentration of wealth are intact, including globalization and capitalism-friendly governments. I managed to get 2 from the Greencard site…. Oh to be a fly on the wall at Citjbank or Bilderberg!


You just know there has to be a lot of documents floating around out there, but most of this kind of stuff is probably only talked about in places like Davos. One has been hanging around since And the Occupy movement is the first real, major, popular reaction that could avert this.


They present themselves as looney, as well. Cktibank mentioned before that, in the s, one of the most effective actions was the sit-down strike.

Plutocrats repent, your end is near. The fact that a work is unpublished shall not itself bar a finding of fair use if such finding is made upon consideration of all the above factors.

Fill in your details below or click an icon to log in: First, rich people are supposed to be good for the economy because they invest, not because they spend.

Retrieved from ” https: The second memo, titled “Revisiting Plutonomy: So Citigroup did their duty and published two explosive memos, which should have become mainstream news, but eventually did not.

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Citigroup’s plutonomy memos | mathbabe

We see three reasons to take another look at those plutonlmy stocks. Buying Luxury, Explaining Global Imbalances https: There was a pretty constant expectation that it was going to go on like this. Ever since they were leaked to the internet a few years back, Citigroup has been trying desperately to hide these memos from the public.

In a paper, which he wrote for customers of his new employer, Bank of America Merrill Lynchone of the largest wealth management firms, Kapur and his team defended Pltonomy against critics. OWSfinancerant.


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citibahk And there were a number of things that could have been done. But as yet, there seems little political fight being born out on this battleground. But if voters feel they cannot participate, they are more likely to divide up the wealth pie, rather than aspire to being truly rich.

During this discussion, Ajay Kapur the author of the plutonomy-theses, which is closely related to Piketty’s theses, entered the public stage again in May Perhaps that is their vision of a growth sector.

Easier download of both documents: Leave a Reply Cancel reply Enter your comment here Perhaps one reason that societies allow plutonomy, is because enough of the electorate believe they have a chance of becoming a Plutoparticipant.

Plutonomy and the Precariat

This one sounds familiar, like someone told me about it at some point. Finally, from the third memo: And there are other things going on like that. Alongside this began a sharp rise in the costs of elections, which drove the political parties even deeper into the pockets of the corporate sector.