UPDATED June 26, 2011
The Citigroup Plutonomy reports are no longer available at CPS News. Link to this post for an explanation.
November 8, 2010
In looking over one of my post that was getting a lot of hits, I discovered that one of the two Citigroup Plutonomy reports I linked in an earlier page was no longer available at Scribd. According to the note that Scribd placed on that particular web page, Citigroup requested that it be removed (I wonder why – not). Therefore, assuming Citigroup would eventually request the removal of the other one, I have placed a PDF copy of each one on this website.
Part 2 is the one that was removed from Scribd, but is now on this site: Revisiting Plutonomy: The Rich Getting Richer (PDF). That was originally found on this page, which has been updated with a link to the PDF document. Part 1 hasn’t been removed from Scribd yet, but is available on this site also: Plutonomy: Buying Luxury, Explaining Global Imbalances. The original post is here, which also has a new link to the PDF document.
Some people have asked why I put a PDF copy of a particular report on my website when it can easily be linked to. This is the reason. Obviously with the big stink today about the rich vs. the working class, left vs. the right, some of those older reports may not appear favorable to those who originally produced them and may be remove. In addition, since much of the main stream media has taken sides, some old articles are also being removed. And since I often reference some of those old applicable reports and articles, I want them available.
Never underestimate the difficulty of changing false beliefs [with] facts.
Economist Henry Rosovsky