(ECONOMICS) economies in which consumption by the very rich is what drives most growth: [Bulgari] watches, Maybach limousines, Gulfstream V business jets, vacations in the Maldives, Dolce Gabbana suits, private security services, money laundering, and income tax evasion.
Initially coined by analysts at Citigroup in 2005 to describe the growth of the [Usonian] economy during that period despite horrible economic fundamentals. Later used by Naomi Klein in her essential work, [The Shock Doctrine].

]]>https://definedictionarymeaning.com/topic/196664/plutonomyRSS for NodeMon, 15 Jun 2026 18:51:57 GMTSat, 13 Feb 2021 20:17:27 GMT60The science of the production and distribution of wealth.

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