plutonomy
(en)
a term that Citigroup analysts have used for economies "where economic growth is powered by and largely consumed by the wealthy few."
Highlighted phrases
plutonomy
global ‘plutonomy’
confirm
7 years, 8 months ago
This was anticipated in the infamous ‘plutonomy’ memorandums distributed by Citibank in 2005 and 2006 to a select circle of its richest clients, to assure them that their prosperity no longer depended on that of wage earners
notable
7 years, 3 months ago