Originally posted by Snusmun
What Does Plutonomy Mean?
Economic growth that is powered and consumed by the wealthiest upper class of society. Plutonomy refers to a society where the majority of the wealth is controlled by an ever-shrinking minority; as such, the economic growth of that society becomes dependent on the fortunes of that same wealthy minority.
Please rent Michael Moore's new film "Capitalism: A Love Story". Even for those that despise his politics, please find time to watch.
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