“Are they real?” That’s the question people usually ask when they hear for the first time of the “Citigroup Plutonomy Memos.” The sad truth is. 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. In , Citigroup came out with a brochure for investors called “Plutonomy: Buying Luxury, Explaining Global Imbalances.” It urged investors.
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It just defies belief. They are also perfectly happy to suppress these explosive memos.
First violations will usually result in a warning but bans are at the mods’ discretion. The blog “No Apparent Motive” reported that they received a take-down letter from Citigroup’s lawyers after they posted a download link to a copy of one of the memos:.
If only it were that. The Occupy movements could provide a mass base for trying to avert what amounts to a dagger pointed at the heart of the country. The change took place in the s. Retrieved from ” https: The link you provided no longer works. Eight years after Kapur and his team developed and published their plutonomy thesis, the French economist Thomas Piketty achieved worldwide prominence with his book Putonomy in the Twenty-First Century.
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 vitibank developing high-speed rail for the United States, which could have been done right in the rust belt, which is being closed down. The parties dissolved in many ways. In fact, some of them are major. This needs to stop, as every American and every citizen in the western world needs to know what people like the analysts of Citigroup really think about the inequalities which exist within the societies, how the rich should preserve their domination, and what possible “backlash” can be expected – and what the consequences are of living in a “plutonomy.
Top Blog at WordPress. However this does not mean that governments are incapable of revoking property rights. A multinational decided to close down a profitable, functioning facility carrying out some high-tech manufacturing. They have succeeded in getting the second plutonomy report removed from Scrib. Concentration of lputonomy and spending in the hands of a few, probably has its limits.
Plutonomy – Wikipedia
Why kill it off, if you can join it? Until then, there had been no financial crises since the Great Depression. What if the thoughts of OWS-protesters slip into the mainstream?
They are richer than ever, more powerful than ever, controlling the political system, disregarding the public. Little of this note should tally with cotibank thinking. Yes, what could possibly “go wrong?
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 The summary on the first page of this memo, which another report for their super-wealthy investors, boldly presents “Plutonomy” not only as a fact, but a business great business opportunity:.
Seeing as how Megaupload is offline, here are the Reports via two other links: Notify me of new comments via email. While the financial wealth of the sub-millionaires is expected to increase by 3.
Through pluhonomy s, as the decline was setting in, there were some important events that took place. 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. Michael Moore referred to them in Capitalism: Continental Europe ex-Italy and Japan are in the egalitarian bloc. Of course, Naomi Klein, being a journalist rather than an investment banker, spent time with the victims of all these policies and thus was pretty pissed off about them.
But if voters feel they cannot participate, they are more likely to divide up citibakn wealth pie, rather than aspire to being truly rich. What if Americans don’t believe into the American Dream any more? In their study “Piketty and Plutonomy: As for the rest, we set them adrift. Perhaps one reason that societies allow plutonomy, is because enough of the electorate believe they have a chance of becoming a Pluto-participant.
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