Plutonomy refers to a society where the wealth is controlled by a select few and where economic growth becomes dependent on that same wealthy minority. The term was popularized by Citigroup global ...

Plutonomy refers to the rich, those who buy luxury goods and so on, and that’s where the action is. They claimed that their plutonomy index was way outperforming the stock market.

Plutonomy refers to the rich, those who buy luxury goods and so on, and that’s where the action is. They claimed that their plutonomy index was way outperforming the stock market.

The Plutonomy Stock Basket outperformed MSCI AC World by 6.8% per year since 1985. Does even better if equities beat housing. Select names: Julius Baer, Bulgari, Richemont, Kuoni, and Toll Brothers.

In the mid-2000s, Kapur and his then-colleagues at Citigroup Inc. used the term “plutonomy” to describe economies where income and wealth are increasingly concentrated at the top.

Nonetheless, levels of awareness and cohesion among the bottom 99 per cent appear insufficient to create a threat to the plutonomy, justifying the confidence of the Citicorp report.

It has been more than five years since equity strategist Ajay Kapur introduced the idea of a " plutonomy "--an economy dominated by the spending and consumption of the wealthy.

Is America a plutonomy? It's dangerously unstable when 5 percent of American earners account for 35 percent of all consumer spending By Michael Lind Published October 5, 2010 11:01AM (EDT) ...

America became a "plutonomy," a word coined in 2005 by Ajay Kapur, then a global strategist at Citigroup, to describe a nation defined by massive income and wealth inequality.

America became a "plutonomy," a word coined in 2005 by Ajay Kapur, then a global strategist at Citigroup, to describe a nation defined by massive income and wealth inequality.

The right to a good education. FDR held out a very different vision from our current “ plutonomy,” in which nearly all the economic gains, power and security are held by the few. He finished: ...