The Rise of the New Global Super-Rich and the Fall of Everyone Else
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A Financial Times Best Book of the Year Shortlisted for the Lionel Gelber Prize 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 world’s 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.
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There is a good book in here somewhere. The first 3 chapters were very frustrating. Almost an exercise in name-dropping and naming the names dropped and what they ate. Maybe an exaggeration but at times I thought I was reading a series of newspaper items. The last three chapters picked up somewhat as it got a bit more meaty but in the end I am not sure the awards nor the positive reviews were earned. So very very light weight.