Plutonomy the citigroup plan for the megarich at cost to. Koch cash the single largest source of private money. The key challenge for corporates in this space is to maintain the mystique of prestige while trying to grow revenue and hit the massaffluent market. In a plutonomy, a small percentage of the population controls the majority of the wealth. Check out plutonomy by christian hornbostel on amazon music.
Based on the consumer finance survey, the top 10% of the families accounted for 43% of income, while the bottom 40% of families accounted for only 10% of income survey 1995 1998 2001 2004 percentile of income mean income in thousands of 2004 dollars top 10% 215. For the general population, the 99% in the imagery of the occupy movement, its been pretty harsh and it could get worse. Global the plutonomy symposium rising tides lifting yachts. New zealand has adopted a well being of four capitals approach, for statistics and reporting and for our national budget by the nz treasury. The us economy was described as a plutonomy between 2003 and 2005, as growth continued despite high interest rates and a high national debt. American economic output is now at an alltime high. An update on beach plum culture with a copy of the recent article published in arnoldia, a journal published. In september 2006 citigroup published a report which they have been trying to suppress ever since.
Citigroups shocking plutonomy reports democratic underground. An economy whose growth and health are heavily influenced by the activities of a wealthy minority. Their views on pluto seem to be to a considerable extent derived from the unleashing of nuclear power soon afterwards. Plutonomy definition of plutonomy by merriamwebster. Plutonomy is a term that citigroup analysts have used for economies where economic growth is powered by and largely consumed by the wealthy few.
Now, the plutonomy is where the action is and it could continue like this. The above extracted from the report full year results first. Twenty reasons why pluto should still be a planet demoting pluto is unfair. Back in october 2005, three citigroup stock analysts heralded the. Annual report full web version annual report pdf proxy statement. Citigroups shocking plutonomy reports ht michael moore. You must there are over 200,000 words in our free online dictionary, but you are looking for one thats only in the merriamwebster unabridged dictionary. Three months after flyby, new horizons team publishes. Back in 2005, ajay kapurthen cfa of citigroupproduced this industry note describing investor and consumer behavior in economies where a very small portion of the population controls a very large portion of national wealth.
Spending by the uberrich overwhelms that of the average consumer and helps explain why. Ajay kapur, global strategist at citigroup, and his research team came up with the term plutonomy in to describe a country that is defined. Citigroup research is a division of citigroup global markets inc. The growth in the amount of ultrahigh net worth individuals is also. Robert frank, the wealth report, wall street journal blogs, january 8. Plutonomy stocks at a premium, but relative pricing power is key.
As the plutonomy powers ahead, the realonomy remains in. That the science team has been doing trade studies, which may well reduce our telescope fieldofview, provides hope that our accommodation problems on the spacecraft will be relieved. The full report is available here marplutonomy report leaked citigroup memopart1. Plutora feature release notes for june 25, 2018 plutora.
Top 400 incomes declined in 2008, but by most accounts they have now bounced back to prerecession levels. Since the publication of the plutonomy reports, not only has the us witnessed the worst economic crisis since the great depression. The senate intelligence committee issued meeting the hostile intelligence challenge to express congressional concern, and. Plutonomy refers to a society where the majority of.
Greed at a glance, multinational monitor, marchapril 2007. Citigroup plutonomy memos pdf the world is dividing into two blocs the plutonomy and the rest. In my surprisingly arduous attempt to find 2007 revenue figures for citigroup yesterday, i ran across something called the plutonomy report. This phenomenon is usually created by explosive economic growth. Information on how to obtain a copy of the acrobat reader is. Plutonomy refers to a society where the majority of the wealth is controlled by an evershrinking.
Old news, but not enough people know it this is old news, but old news that most people dont know about, because citigroup has been. Test site along the san andreas fault in the carrizo plain at wallace creek b4 data. At least for astrolo gers, pluto represents sudden and disruptive energies, the bomb in the base ment. Back in october, we coined the term plutonomy the global investigator, plutonomy. Nsa leaks paranormal the citigroup plutonomy memos. In a report called the plutonomy symposium rising tides lifting yachts, ajay kapur, citigroups global strategist, says the balance sheets of the rich are in great shape, and will get much better, which is why he recommends going out and buying stocks of companies that cater to that very select market. The term plutonomy refers to an economy where the balance of wealth is extremely uneven.
Plutocracy is a form of government designed to make the rich who control said government or, the plutocrats even richer plutocracy has been a phenomenon since the ancient greeks coined the term, but a modern variant, whose cornerstone policies include government deregulation and reduced taxes on the rich, is now often referred to as a plutonomy. Dec 01, 2011 in my surprisingly arduous attempt to find 2007 revenue figures for citigroup yesterday, i ran across something called the plutonomy report. Download thesis statement on pluto in our database or order an original thesis paper that will be written by one of our staff writers and delivered according to the deadline. Note that the output will have blank fields for references, number of oppositions, orbit arc, rootmeansquare error, and date last observed. Three months after flyby, new horizons team publishes first research paper diversity of plutos landforms, atmosphere, and moons highlight the first three months of new horizons data returns. Two bombshell documents that citigroups lawyers try to suppress, describing in detail the rule of the first 1% politicalgates truth11 on december 29, 2011 that there also exists an additional third, shorter citigroup memo, dated september 29, 2006, which is being mentioned here. Up in the stratosphere of the american plutonomy, the irs reports that incomes among the top 400 american taxpayers increased 107 percent between 1999 and 2007 adjusted for inflation. This wealthy group has the highest income, and controls much of the spending and economic growth. Our thesis is that the rich are the dominant drivers of demand in many economies around the world the us, uk, canada andaustralia. View homework help txt from astr c100 at coastline community college. Environment and conservation organisations of new zealand. This update includes a few improvements and bug fixes to the software, and is highly recommended. Economic growth that is powered and consumed by the wealthiest upper class of society.
Plutonomia plutonomy definition definicion the wide. Plutonomy the citigroup plan for the megarich at cost. Michael moore highlights a confidential report that citigroup initially circulated only to its wealthiest customers. Plutonomy definition is political economy, economics. Two bombshell documents that citigroup s link to the second memo pdf called. The citigroup plutonomy memos saturday, october 16, 2010 at 04. Michael moores leaked citibank plutonomy memo unsettling. You must there are over 200,000 words in our free online dictionary, but you are looking for one thats only in the merriamwebster unabridged dictionary start your free trial today and get unlimited access to americas largest dictionary, with. Koch brothers advocacy gets local in colorado kochtopus aims to influence political climate on economic and educational issues in runup to november midterms august 12, 2014 5. Were living in a plutonomy, sunday telegraph uk, april 2, 2006. This article offers a study on the plutonomy of the 1% and what their. Investors should consider this report as only a single factor.
Monthly report apr05 massachusetts institute of technology. We think this income and wealth inequality plutonomy helps explain many of. Users can now add their most interesting report to the favorite items list to quickly access those reports with fewer clicks. They are richer than ever, more powerful than ever, controlling the political. Information on how to obtain a copy of the acrobat reader is provided on the icpsr and samhda web sites. Request pdf the state of plutos atmosphere in 201220 we observed two stellar occultations on ut 4 may 20 and ut 9 september 2012, with the aim of measuring plutos atmospheric parameters. The new definition of planet relies on information mass, shape that was not and could not be known in the 1930s. Plutonomy is a term that citigroup analysts have used for economies where economic growth in three reports for superrich citigroup clients published in and, a team of citigroup analysts elaborated on their thesis that the share.
It combines in a simple and efficient ecosystem multiple modules to collect data and design professional data analysis applications. The pdf file format was developed by adobe systems incorporated and may be accessed using pdf reader software, such as the adobe acrobat reader. Then just run ast2mpc, and itll tell you how many objects are in the input file, and write out the converted mpcorb. An add to favorites star icon has been added to the top righthand corner of the reports window.
Citigroups second plutonomy report, titled revisiting plutonomy. It was on what they called plutonomy an idea theyd been hawking around for a while and which was summarised in the wall street journal in 2007 as follows ajay kapur, global strategist at citigroup, and his research team came up with the term plutonomy in 2005 to describe a country that. Citigroup plutonomy report pdf the reports are available for the time being. Since then, the economy has expanded by almost 6 percent adjusted for inflation. The state of plutos atmosphere in 201220 request pdf. Ever since they were leaked to the internet a few years back, citigroup has been trying desperately to hide these memos from the public. Maybe im the last person whos hearing about the citigroup plutonomy memos, but theyre blowning me away. Oct 16, 2010 the citigroup plutonomy memos saturday, october 16, 2010 at 04. The other citigroup plutonomy memo mentioned in michael moores movie is. Project pluto supplies astronomical software, both commercial and freeware, to amateur and professional astronomers. Nic mcphee flickr americas longest recession since world war ii officially ended in june 2009.
Investors should consider this report as only a single factor in making their investment decision. Finding pureplays on the plutonomy theme, however, is tricky. Javascript engine enhancements, release calendar tecr outages, plutora analytics, and screenshot and video capture. Those reports, since leaked, plainly discuss the power of the plutonomy in america, and how it would only strengthen, as long as the the rest us the nonplutonics could be kept in the dark about the plutonomy existence, its role, and its overarching control in the american. The plutonomy of the 1% the bichler and nitzan archives. Purpose the nasa space flight safety panel hereinafter referred to as the panel is hereby established to advance flight safety in nasa space flight programs and activities involving space flight crews and convened as requested by the chief, safety and mission assurance. May 08, 2012 so the world is now indeed splitting into a plutonomy and a precariat in the imagery of the occupy movement, the 1% and the 99%. Jun 24, 2011 plutonomy stocks at a premium, but relative pricing power is key. More than 250,000 words that arent in our free dictionary. The planet pluto was pre dicted in 1919 and discovered in 1930. Buying luxury, explaining global imbalances, october 14 2005. Pdf the us plutonomy and its effect on the capitalistlabor.