The Rise of the New Global Super-Rich and the Fall of Everyone Else
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A Financial Times Best Book of the Year
Shortlisted for the Lionel Gelber Prize
There has always been some gap between rich and poor in this country, but recently what it means to be rich has changed dramatically. Forget the 1 percent—Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at breakneck speed. Most of these new fortunes are not inherited, amassed instead by perceptive businesspeople who see themselves as deserving victors in a cutthroat international competition. With empathy and intelligence, Plutocrats reveals the consequences of concentrating the world’s wealth into fewer and fewer hands. Propelled by fascinating original interviews with the plutocrats themselves, Plutocrats is a tour de force of social and economic history, the definitive examination of inequality in our time.
A must read. Real facts about what our present and future looks like. Kudos to the author!
the ultimate cynic
This book illustrates well the hoarding of immense sums of wealth. The 22 to 34 trillion dollars of hidden wealth in the world would end poverty on the planet with plenty left over for the rich. Wealth has no nationality or allegiance to anyone other than itself. The race is on to become the first one to get to a trillion.
Well written based on fact immensely interesting
After reading this book anyone should be able to grasp the important economic and wealth trends of our time. It will clear your perspective and help you direct the big picture in your life.