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

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Description

 							
  
  Plutocrats: The
Rise of the New Global Super Rich and the Fall of Everyone Else
  by Chrystia Freeland
  Read by Allyson
Ryan
  
  In the last few decades what it means to be rich has changed dramatically. Forget the 1%; it's the
wealthiest .01% who are fast outpacing the rest of us. Today's colossal fortunes are amassed by the diligent toiling of
smart, perceptive businessmen who see themselves as deserving victors in a cutthroat international competition.
  

  Cracking open this tight-knit world is Chrystia Freeland, an acclaimed business journalist. At ease in Davos or
Dubai, Freeland has reported on the lives and minds of these new super-elites for nearly a decade. Grounding her
interviews in the economics and history of modern capitalism, she provides examples of the new wealth and its
consequences. She showcases the $3 million birthday party of a New York financier months before the financial meltdown;
details the closed-door 2005 SEC meeting where the US government allowed investment banks to write their own regulatory
laws; and tells how the Bank of Canada's Mark Carney became a key figure in the central battle between the plutocracy
and the rest of us.
   
  Brightly written and powerfully researched, Freeland's Plutocrats will be a
lightning rod event in the midst of the US election season. 						

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