Summary of The Rise of the New Global Super-Rich

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Chrystia Freeland, author of Plutocracy, examines the widening chasm between the ultra-rich and the rest of the population, the causes of the disparity, and the potentially devastating effects. Yet she leaves her audience with a reason to remain hopeful. getAbstract recommends her candid oration to the 99% who are wondering what’s happening to their paycheck.

In this summary, you will learn

  • What factors accelerate global income inequality,
  • How the plutocracy preserves its power and interests,
  • Why the middle class is suffering as a result and
  • How to achieve a more equitable distribution of wealth in the future.
 

About the Speaker

Chrystia Freeland wrote Plutocrats, a Financial Times Best Book of 2012.

 

Summary

Income inequality is escalating worldwide. In the 1970s, the wealthiest 1% of US society accounted for 10% of the country’s income. In 2013, their accumulated wealth amounted to more...

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