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Serious Money

Walking Plutocratic London

Caroline Knowles

$55

Hardback

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English
Allen Lane
15 September 2022
A sociologist uncovers the secret lives of London's wealthiest residents - and how their money shapes the city for the rest of us

London is a plutocrat's paradise, with more resident billionaires than New York, Hong Kong or Moscow. Far from trickling down, their wealth is burning up the environment and swallowing up the city. But what do we really know about London's super-rich, and the lives they lead?

To find out more, sociologist Caroline Knowles walks the streets of London from the City to suburban Surrey, via Kensington, Mayfair and elsewhere. Her walks reveal how the wealthy shape the capital in their image, creating a world of gated communities and luxury developments. A move behind closed doors takes us further into the dark heart of the plutocratic city, from multi-million-pound mansions to gentlemen's clubs. Along the way we meet a wide and wickedly entertaining cast of millionaires, billionaires and those who serve them- bankers, aristocrats, tech tycoons, Conservative Party donors, butlers, divorce lawyers and many more.

By turns jaw-dropping, enraging and enlightening, Serious Money explodes the fiction that wealth is a condition to aspire to, revealing the isolation and paranoia which accompany it when the plutocrat's recompense - a life of endless luxury - ultimately proves hollow. Yet it is not just the super-rich who get to make the city- we make it too, and could demand something different. Because serious money is good for no one - not even the rich.

By:  
Imprint:   Allen Lane
Country of Publication:   United Kingdom
Dimensions:   Height: 240mm,  Width: 162mm,  Spine: 31mm
Weight:   536g
ISBN:   9780241470923
ISBN 10:   0241470927
Pages:   320
Publication Date:  
Audience:   General/trade ,  Professional and scholarly ,  College/higher education ,  ELT Advanced ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active

Caroline Knowles is a professor of Sociology at Goldsmiths, University of London. Currently the Director of the British Academy's Cities and Infrastructure programme, she has carried out research in London, Hong Kong, Beijing, Fuzhou, Addis Ababa, Kuwait City and Seoul. Knowles is the author of Flip-Flop- A Journey through Globalisation's Backroads, and co-author of Hong Kong- Migrant Lives, Landscapes and Journeys.

Reviews for Serious Money: Walking Plutocratic London

Part guide, part indictment of a yawning wealth gap, Caroline Knowles's eye-opening book reveals how the capital has changed over the decades ... the author's gentle, yet shrewd observations quickly accumulate when seeking out a wide variety of individuals to reveal the quotidian culture of plutocracy. -- Misha Glenny * Financial Times * Knowles' book helps readers to see [London's super-rich] as less secretive, more troubling and a great deal sadder. The anonymised plutocrats and their hangers-on who fill the book, which is all the more scathing by the understatement with which Knowles depicts them, reflect limitless arrogance, waste and injustice ... Serious Money has a serious mission. These vast fortunes, Knowles argues, do not just make people miserable. They are rotting the ties that hold our society together. -- Edward Lucas * The Times * An eye-opening, deeply disturbing, fast-moving journey through the lives, homes and affairs of the filthy rich of London. -- Danny Dorling Fascinating, punchy, thought-provoking. Serious Money exposes the corrosive impact of London's super rich on our economy, society and politics, and comprehensively busts the myth that their wealth trickles down to the rest of us. -- Frances O'Grady A wonderful and vital account of a city ruled by, and for, extreme wealth. -- Anna Minton, author of Big Capital Startling, spirited ... Knowles is alert to arresting details ... a wry primer to the extravagances of the super rich. -- Alex Diggins * The Critic * Years of footwork through the streets of central London have gone into producing this magnificent but disturbing book on the lives and influence of the super-rich. Knowles writes with enviable lightness and pace about how money, property, birth, breeding, contacts, secrecy, parasites and servants have created a class that owns and milks London, a world away from the city's ordinary citizens. A powerful ethnography of plutocratic power. -- Professor Ash Amin, author of Seeing Like a City


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