Monday, March 22, 2010

Citigroup Plutonomy Report

"What are the common drivers of Plutonomy?

  • Disruptive technology-driven productivity gains
  • Creative financial innovation
  • Capitalist-friendly cooperative governments
  • An international dimension of immigrants and overseas conquests invigorating wealth creation
  • The rule of law
  • Patenting inventions.

Often these wealth waves involve great complexity, exploited best by the rich and educated of the time."

Something about that passage intrigues me.

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