Financial Times FT.com

Why plutocracy endangers emerging market economies

By Martin Wolf

Published: November 6 2007 19:56 | Last updated: November 7 2007 08:32

Ingram Pinn

Mexico’s Carlos Slim is now the richest man in the world, or so Fortune magazine has told us. His ascension is fascinating. This is not only because he is extraordinarily rich. It is also because the manner in which he has accumulated his wealth tells us much about the capitalism that is spreading across the globe.

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