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Date: 2024-10-31 Page is: DBtxt003.php txt00007704

Ideas
Chrystia Freeland

Chrystia Freeland ... Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else

Burgess COMMENTARY

Peter Burgess

Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else (Full Session)

The Aspen Institute

There has always been some gap between rich and poor in this country, but in the last few decades, what it means to be rich has changed dramatically. Alarmingly, the greatest income gap is not between the 1 percent and the 99 percent, but within the wealthiest 1 percent of our nation—as the merely wealthy are left behind by the rapidly expanding fortunes of the new global super-rich. Chrystia Freeland, an acclaimed business journalist who has spent nearly two decades reporting on the new trans-global elite, cracks open the tight-knit world of the new global super rich and proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at breakneck speed.

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