Read Citigroup's plutonomy paper: https://www.sourcewatch.org/images/b/bc/CITIGROUP-MARCH-5-2006-PLUTONOMY-MEMO_.pdf https://www.sourcewatch.org/images/b/bc/CIT

Read Citigroup's plutonomy paper: https://www.sourcewatch.org/images/b/bc/CITIGROUP-MARCH-5-2006-PLUTONOMY-MEMO_.pdf https://www.sourcewatch.org/images/b/bc/CITIGROUP-MARCH-5-20... The strategy for institutional investors is to invest in servicing the needs of the already rich, at the expense of investing in companies that serve working people. The former is much more profitable than the latter, and the latter is becoming less profitable over time.