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Date: 2025-03-14 Page is: DBtxt001.php txt00007407

Ideas
William Black

Presentation at University of Missouri by William Black ... Plutonomy: The Memo Citigroup Doesn't Want You to See

Burgess COMMENTARY

Peter Burgess

Plutonomy: The Memo Citigroup Doesn't Want You to See

White collar criminologist William Black dissects a 2005 Citigroup memo intended for its wealthist clients that describes the US, UK, and Canada as plutonomies -- countries where rule by an ultra-rich managerial class has replaced democracy.

Black is former federal regulator and author of 'The Best Way to Rob a Bank is to Own One.' He holds a joint appointment to the departments of Law and Economics at the University of Missouri - Kansas City, and was featured in the Michael Moore documentary: 'Capitalism: A Love Story.'

Excerpted from 'Wall Street: The Great Jobs Killer' delivered Nov. 29, 2011 to a standing room only audience at the University of Missouri - Kansas City. Sponsored by the Jobs Now! Coalition, United Autoworkers Local 249, Occupy Kansas City, the UMKC College Democrats, the UMKC Economics Club, and the Institute for Labor Studies.

Jobs Now ... William Black
Uploaded on Dec 7, 2011
The text being discussed is available at
http://youtu.be/xZ3-OWMa92E
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