Phillips argues that the top asset management firms wield immense power, controlling $50 trillion in wealth and being accountable only to the ultrarich, which undermines democracy.
In 'Titans of Capital,' Peter Phillips explores how transnational asset management firms maintain their influence over global wealth, serving the interests of the elite while threatening broader societal stability.
#asset-management #wealth-concentration #political-sociology #ultrarich-influence #environmental-impact
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