We are closing in on the 20th anniversary of one of the most revealing pieces of bank analyst research in recent American history. On October 16, 2005, Citigroup released an “industry note” for ...
Cambridge, MA – The Occupy movement has been an extremely exciting development. Unprecedented, in fact. There’s never been anything like it that I can think of. If the bonds and associations it has ...
The capitalist mode of production represents a radical break from traditional methods of organising economic activity. Because it has taken extremely diverse forms and evolved in complex ways over ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Robert Kelly is managing director of ...
Has the American economy turned into a “plutonomy”? In 2005, three Citigroup analysts — Ajay Kapur, Niall MacLeod and Narendra Singh — answered yes. They explained: “Plutonomies have occurred before ...
On the history of the US economy in decline. By signing up, you confirm that you are over the age of 16 and agree to receive occasional promotional offers for ...
It has been more than five years since equity strategist Ajay Kapur introduced the idea of a " plutonomy"--an economy dominated by the spending and consumption of the wealthy. Since then, plutonomy ...