Plutocrats

Winner-Take-All Politics

(Hacker and Pierson), 18

Winters, Jeffrey, 78, 79, 81

Wipro, 155

Wolf, Martin, 69

Wolfers, Justin, 32

women, 84–87, 218–19

Wood, Graeme, 175–76

WorkerExpress, 172

working rich, 42–46, 52–53, 117, 235, 283

World Bank, 32, 224, 252–53

World Economic Forum, 68, 73, 75, 103, 167

“World Is Changing, The: Some Thoughts on Our Business” (Katzenberg), 127, 130

World War II, 29

Worth, Charles, 113–14, 116

Wu Yajun, 207

Y

Yahoo!, 172

Yale Daily News, 267

Yanukovych, Viktor, 192

Yardeni, Ed, 250

Ylvisaker, Paul, 264

YouTube, 69, 165

Z

Zain, 66

Zappos, 69, 230–35

Zedillo, Ernesto, 250–51

Zhou Zhengyi, 208–9

Zhukov, Yuri, 103

Zhu Rongji, 162, 208

Zhu Yunlai, 208

Zingales, Luigi, 261–62, 272–73

Ziobrowski, Alan, 269

Zoellick, Robert, 69

Zolli, Andrew, 67

Zong Qinghou, 204

Zuckerberg, Mark, 52, 70–71, 121, 147, 175

Zynga, 164

About the Author

CHRYSTIA FREELAND is the Editor of Thomson Reuters Digital, following years of service at the Financial Times both in New York and London. She was the deputy editor of Canada’s The Globe and Mail and has reported for the Financial Times, The Economist, and The Washington Post. Freeland’s last book was Sale of a Century: The Inside Story of the Second Russian Revolution. She lives in New York City.

blogs.reuters.com/chrystia-freeland

twitter.com/#!/cafreeland

Copyright

THE PENGUIN PRESS

Published by the Penguin Group

Penguin Group (USA) Inc., 375 Hudson Street, New York, New York 10014, USA • Penguin Group (Canada), 90 Eglinton Avenue East, Suite 700, Toronto, Ontario, Canada M4P 2Y3 (a division of Pearson Penguin Canada Inc.) • Penguin Books Ltd, 80 Strand, London WC2R 0RL, England • Penguin Ireland, 25 St. Stephen’s Green, Dublin 2, Ireland (a division of Penguin Books Ltd) • Penguin Books Australia Ltd, 250 Camberwell Road, Camberwell, Victoria 3124, Australia (a division of Pearson Australia Group Pty Ltd) • Penguin Books India Pvt Ltd, 11 Community Centre, Panchsheel Park, New Delhi – 110 017, India • Penguin Group (NZ), 67 Apollo Drive, Rosedale, Auckland 0632, New Zealand (a division of Pearson New Zealand Ltd) • Penguin Books, Rosebank Office Park, 181 Jan Smuts Avenue, Parktown North 2193, South Africa • Penguin China, B7 Jaiming Center, 27 East Third Ring Road North, Chaoyang District, Beijing 100020, China

Penguin Books Ltd, Registered Offices: 80 Strand, London WC2R 0RL, England

First published in 2012 by The Penguin Press, a member of Penguin Group (USA) Inc.

Copyright © Chrystia Freeland, 2012

All rights reserved.

LIBRARY OF CONGRESS CATALOGING-IN-PUBLICATION DATA

Freeland, Chrystia, date.

Plutocrats : the rise of the new global super-rich and the fall of everyone else / Chrystia Freeland.

p. cm.

Includes index.

ISBN 978-1-101-59594-7

1. Rich people—Conduct of life. 2. Poor. I. Title.

HB251.F74 2012

305.5'234—dc23

No part of this book may be reproduced, scanned, or distributed in any printed or electronic form without permission. Please do not participate in or encourage piracy of copyrighted materials in violation of the author’s rights. Purchase only authorized editions.

_{ALWAYS LEARNING} ________________ PEARSON