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 ...

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) ...

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: ...

Investing Group Comments (1.23K) Leave it to Citigroup to screw up the trivia. Plutonomy is the study of plutocracy, which is the form of government we're all referring to here.

As Ajay Kapur first observed in 2005, in a report written for Citigroup, the United States has become a Plutonomy, in which the richest fifth of the population is responsible for as much as three ...

The plutonomy thesis helps to explain why high oil prices haven't slowed the global economy, why consumer confidence might be low yet consumption remains robust in the US, and why the depreciation ...

The stakes of the November 2 mid-term elections are coming more sharply into focus. The plutocrats have unlimited money, they have a media machine devoted to their viewpoints, and they have a ...

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.

Recent news stories bring to mind a phrase made famous in the 1992 presidential campaign and updated here: "It’s the plutonomy, stupid!" 1. A resident of Lafitte, Louisiana expresses fear that ...

We need that large labor pool. It’s the plutonomy. 3. Reportedly, the CEO of BP is going to lose his job, a victim of the Gulf oil spill, and is destined to spend the rest of his days in abject ...