“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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Plutonomy and the Precariat

Perhaps one reason that societies allow plutonomy, is because enough of the electorate believe they have a chance of becoming a Pluto-participant. Pretty soon those working hours were much higher in the United States than in other industrial countries like Japan and various places in Europe. Tap here to turn on desktop notifications to get the news sent straight to you.

Take a look at the big topic in Washington that everyone concentrates on: It was a partial victory because, even though they lost, it set off other efforts.

This page was last edited on 29 Novemberat Other image posts are subject to removal at moderators discretion. 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.


They are richer than ever, more powerful than ever, controlling the political system, disregarding the public. Becoming a “Pluto-participant” is the “embodiement of the ‘American Dream'” -and this dream should not die, otherwise the Plutocrats could be in real trouble.

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Just to make it more surreal, while this option was being avoided, the Obama administration was sending its citiabnk 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.

Old Paradigm methodology rethinking economics Old Paradigm Economics Real World Economics Movement revere award Revolving-Door Economists students teaching World Economics Association Plutpnomy Economy Arab World Bubbles budget deficits upward income redistribution crisis debt microcredit debt crisis depression economic development Economy education Eurozone Eurozone Crisis exploitation financial crisis financial markets food globalization Graphics Decline of the USA Quality of life indicators Greece Growth health housing bubble income inequality income redistribution inequality jobs Keynes Piketty’s Capital Plutonomy Political Plufonomy Politics and the economy poverty Recession Social Security taxes Uncategorized unemployment upward income and wealth redistribution upward income redistribution The Economy and the Planet economics of climate change oil energy the planet and the economy WEA Books.

Plutonomics – The Wealth Report – WSJ

When I try to oped the PDF at the above link http: It is easy to drown in a lake with an average depth of 4 feet, if one steps into its deeper extremes. As for the rest, we set them adrift. The workforce and the union offered to buy it, take it over, and run it themselves. I suppose I’ll read it over morning ,emo. Thanks for posting — you might like this one too: Buying Luxury, Explaining Global Imbalances.


One reason is that the US central bank Federal Reserve is reducing their asset purchases. Fortunately, this is already happening.

And of course, to buy luxury-goods stocks. You are commenting using your Facebook account. Can you believe they like to be inside of a golden egg?

Want to add to the discussion? They had the capacity to do it, the skilled work force. They present themselves as looney, as well. Sufficient numbers of politicians in other countries have championed slowing immigration or free trade Ross Perot, Pauline Hanson etc.

The full report is available here http: Bigoted slurs are not tolerated. Still true, as per evidence by Thomas Piketty and others. That means independent blogs, media outlets, etc.

And this is considered a good thing.

They have to be around to provide a powerful state, which will protect us and bail us out when we get into trouble, but other than that they essentially have no function.