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Plutonomy
Plutonomy (, a portmanteau of "plutocracy" and "economy") is a term that Citigroup analysts have used for economies "where economic growth is powered by and largely consumed by the wealthy few."〔Kapur, Ajay, Niall Macleod, Narendra Singh: “Plutonomy: Buying Luxury, Explaining Global Imbalances”, page 1.〕
== Origin ==
In three reports for super-rich Citigroup clients published in 2005 and 2006, a team of Citigroup analysts elaborated on their thesis that the share of the very rich in national income of plutonomies had become so large that what is going on in these economies and in their relation with other economies cannot be properly understood any more with reference to the average consumer: "The rich are so rich that their behavior – be it negative savings, or just very low consumption of oil as a % of their income – overwhelms that of the ‘average’ consumer."〔Kapur, Ajay et al.: “The Plutonomy Symposium – Rising Tides Lifting Yachts”, page 8.〕
The authors of these studies predicted that the global trend toward plutonomies would continue, for various reasons, including "capitalist-friendly governments and tax regimes".〔Kapur, Ajay, Niall Macleod, Narendra Singh: “Plutonomy: Buying Luxury, Explaining Global Imbalances”, page 9f.〕 They do, however, also warn of the risk that, since "political enfranchisement remains as was – one person, one vote, at some point it is likely that labor will fight back against the rising profit share of the rich and there will be a political backlash against the rising wealth of the rich."〔Kapur, Ajay, Niall Macleod, Narendra Singh: “Revisiting Plutonomy: The Rich Getting Richer”, page 10: “〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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