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Plutocrats: The Rise Of The New Global Super-Rich

Plutocrats: The Rise Of The New Global Super-Rich

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In the last few decades what it means to be rich has changed dramatically. Forget the 1%; it's the wealthiest .01% who are fast outpacing the rest of us. Today's colossal fortunes are amassed by the diligent toiling of smart, perceptive businessmen who see themselves as deserving victors in a cutthroat international competition. Cracking open this tight-knit world is Chrystia Freeland, an acclaimed business journalist. At ease in Davos or Dubai, Freeland has reported on the lives and minds of these new super-elites for nearly a decade. Grounding her interviews in the economics and history of modern capitalism, she provides examples of the new wealth and its consequences. She showcases the $3 million birthday party of a New York financier months before the financial meltdown; details the closed-door 2005 SEC meeting where the US government allowed investment banks to write their own regulatory laws; and tells how the Bank of Canada's Mark Carney became a key figure in the central battle between the plutocracy and the rest of us. Brightly written and powerfully researched, Freeland's 'Plutocrats' will be a lightning rod event in the midst of the US election season.

Details of Book

ISBN13: 9781846142529
ISBN10: 1846142520
Language: English
Publisher: Penguin Books
Publication Year: 2012
Format: Hardcover

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Insights into the ultra-rich and their global influence.

  • Who is this book for?

    If you're curious about how the super-rich are reshaping the world, this book offers a close look at their lavish lifestyles and powerful influence. Freeland's detailed reporting will give you a behind-the-scenes feel of their world, revealing the economic and political stakes involved. It's both eye-opening and thought-provoking, perfect for anyone wanting to understand the new faces of wealth.

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