"The issue of rising inequality poses a threat to all economic systems but none more so than those anchored in the free market and democracy. Those who agree with this statement will not be able to put Chrystia Freeland's book down once they have picked it up. For those who disagree, "Plutocrats" should be required reading." --The Right Honourable Paul Martin
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)