Plutonomy not limited to the very rich anymore

… the United States, although Britain, Canada and Australia also qualify. He notes that America’s richest … respectively since 2002, according to Fortune magazine. Citicorp’s “plutonomy basket” of stocks (Sotheby’s, Bulgari, Hermes, … Time was, certain clothes, luggage, wristwatches, handbags, automobiles, etc. sufficed. But with so much money …

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