Sunday, October 28, 2007

read it and find out

Implications of Plutonomy by Girish Mishra

"Almost two years ago, Ajay Kapur, a prominent global strategist of the Citigroup and his two associates, Niall Macleod and Narendra Singh, came out with a paper “Plutonomy: Buying Luxury, Explaining ..."

Makes one wonder how long an economic system that concentrates wealth to such a remarkable extent can survive - but then again, feudalism had one hell of a long run...

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