Welcome to the Plutonomy Backlash
Monday, November 7th, 2011Occupy Cleveland – circa 2011-10-21 “Welcome to the Plutonomy Machine,” began a 2005 report by three Citigroup analysts to their investor clients.1 The report called the United States a “plutonomy” — an “economy powered by the wealthy,” where “there is no such animal as ‘the U.S. Consumer’ …” There are rich consumers, few in number, […]









