The Amazon founder's $250 million purchase of the famed Washington Post offers a template for the last few holdouts in the industry, chief among them the New York Times Co's Sulzberger family.
Making capitalism work for everyone, and not just the plutocrats, is our most pressing political and economic problem.
Ever since he ran for the Senate in 2004, Barack Obama has had a wealth of 10-figure tycoons advising--and funding--him.
So far, neither Washington nor Wall Street seems to have fully grasped this political sea-change, or figured how to deal with it.
The rich haven't gotten richer--or poorer--this year.
Leveraged buyout titans David Bonderman and James Coulter of Texas Pacific Group make their first appearance on the list, along with William Conway, Daniel D'Aniello and David Rubenstein of the Carlyle Group.
India's real risk is not that crony populism would fail, but that it would succeed, consolidating a path that is fundamentally a trap, both in terms of social inequalities and long-term growth, says Michael Walton.
'And so, despite demonetisation, people in business feel safe with Mr Modi,' points out T N Ninan.
'Vajpayee was predictable in his ways.' 'Modi is a schemer, possessed of a shrewdness that can be rewarding in the chaotic world of politics.' 'His political journey gives reason to believe that 2019 will be another milestone in his private project,' notes Vikram Johri.
Another sobering number is that the total Chinese investment in India in the past 10 years amounts to $400 million.
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