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The common thread for oligarchs across history is that wealth defines them, empowers them and inherently exposes them to threats.

The common thread for oligarchs across history is that wealth defines them, empowers them and inherently exposes them to threats.

Departing from more abstract treatments of globalization, this innovative approach to changing power relations in contemporary capitalism builds on a textured account of Indonesian politics since 1965. Extending insights on the structural power of those controlling capital, Jeffrey A. Winters argues that the relative mobility of capital is becoming a better predictor of the interests and leverage of investors than is its nationality. The quest...