Plutocrats: The Rise of the New Global Super-Rich

Behind the polished gates of global finance and industry, Plutocrats peels back the gilded curtain on a new ruling class—one whose influence stretches beyond borders and whose wealth multiplies as inequality deepens. With unsettling clarity and a journalist’s eye for paradox, the book charts how meritocracy mutates into oligarchy, and how ambition, once a ladder for the many, becomes a fortress for the few. Are today’s ultra-rich the architects of progress, or the harbingers of social fracture? As the fortunes of the elite soar ever higher, the real question emerges: can a world tilted so steeply still hold together?


  • Originally Published: 2012
  • Publisher: The Penguin Press, 2013
  • Genre: Non-fiction
  • Pages: 352
  • Book Type: Hardcopy
  • ISBN: 9780141043425
  • Access: Members
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Author: Chrystia Freeland

Description

Forget the 1% – it’s time to get to grips with the 0.1% …

There has always been some gap between rich and poor, but it has never been wider – and now the rich are getting wealthier at such breakneck speed that the middle classes are being squeezed out. While the wealthiest 10% of Americans, for example, receive half the nation’s income, the real money flows even higher up, in the top 0.1%. As a transglobal class of highly successful professionals, these self-made oligarchs often have more in common with one another than with their own countrymen. But how is this happening, and who are the people making it happen?

Chrystia Freeland, acclaimed business journalist and Global Editor-at-Large of Reuters, has unprecedented access to the richest and most successful people on the planet, from Davos to Dubai, and dissects their lives with intelligence, empathy and objectivity. Pacily written and powerfully researched, Plutocrats could not provide a more timely insight into the current state of Capitalism and its most wealthy players.

‘A superb piece of reportage … a tremendous illumination’ (New Statesman on Freeland’s previous title, Sale of the Century)

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