@victorvonvortex@mastodon.social
Post #3358508
2026-06-19 03:17 UTC
@josh@masto.byrd.ws
The 2005 Plutonomy paper from Citigroup:
"...the world is dividing into two blocs - the plutonomies, where economic growth is powered by and largely consumed by the wealthy few, and the rest."
"In a plutonomy there... are rich consumers, few in number, but disproportionate in the gigantic slice of income and consumption they take. There are the rest, the 'non-rich', the multitudinous many, but only accounting for surprisingly small bites of the national pie."
https://drive.google.com/file/d/0B6JHvOTnxw8CY2dJYk12T29USGlXTE1TNXhmNHlCUQ/view?resourcekey=0-Z3MUEr8pxxLCOEwuDYjfdA
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