Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else

A groundbreaking examination of wealth disparity income inequality and the new global elite There has always been some gap between rich and poor in this country but recently what it means to be rich has changed dramatically Forget the 1 percent Plutocrats proves that it is the wealthiest 0 1 percent who are outpacing the rest of us at breakneck speed Most of these new fortunes are not inherited amassed instead by perceptive businesspeople who see themselves as deserving victors in a cutthroat international competition With empathy and intelligence Plutocrats reveals the consequences of concentrating the worlds wealth into fewer and fewer hands Propelled by fascinating original interviews with the plutocrats themselves Plutocrats is a tour de force of social and economic history the definitive examination of inequality in our time There has always been some gap between rich and poor in this country but in the last few decades what it means to be rich changed dramatically In this groundbreaking examination of wealth disparity and income inequality Chrystia Freeland reveals the merely wealthy are being left behind by the rapidly expanding fortunes of the new global elite Today s self made oligarchs often feel they have more in common with one another than with their own countrymen spelling ominous consequences for everyone else as the wealth of the world is concentrated into fewer and fewer hands Though the results can be shocking Freeland dissects the lives of the world s wealthiest with empathy and intelligence Propelled by fascinating original interviews with the plutocrats themselves Plutocrats is a tour de force of social and economic history the definitive examination of inequality in our time Book jacket