The PLUTOCRATS: How the Richest 1% influence the World | The Rise of the Super-Rich | FD Finance
Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else | FD Finance
Watch’ What Happens When The Rich get Richer?’ here: https://youtu.be/zQEHiXjY1uE
This documentary travels through a world of joblessness, debt, and economic uncertainty to the sovereign nation of the plutocrats, where each crisis seems to offer a new business opportunity. In America, where the 2008 financial meltdown cost $4 trillion in economic output, fortunes were made by the very people who precipitated the disaster while millions lost their homes and their savings.
Austerity in Europe, economic stagnation in Asia, a “lost generation” of the young and unemployed – signs we are living through a fundamental global reorganization, the result of which no-one can predict. The world of the 1% has arrived, and the wealth gap is now greater in many countries than during the Gilded Age, the era of the Rockefellers, Carnegies and Vanderbilts. Can our stressed democracies deal with the fallout? Or have governments simply become instruments of the new elite?
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