Serious Money

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 … 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 *Knowles’s book acted on me like a goad, a stone in the shoe … The questing sociologist has an agenda. She is our nominated surrogate in occupied territory. And she is persistent … Among the freakishly perverse bankers and investors, she behaves like Orwell in Wigan. – Iain Sinclair * London Review of Books *Again and again, Knowles’s stories attest to a money machine devoted to nothing but its own perpetuation … In the tradition of the great literary walkers, from Walter Benjamin to Will Self, her insistence on crossing the city on foot is, in an important sense, an act of resistance, an embrace of urban realities in defiance of the sad confinement of extreme wealth, its smoked-glass segregation. – Nat Segnit * Times Literary Supplement *A fascinating investigation of plutocratic London … as gripping as a pulp detective novel in which we glimpse the slimy, far from slummy lives of the morally corrupt. She patrols London’s elite enclaves with a sharp eye for telling social and architectural details … Knowles combines cunning and charm. – Matthew Beaumont * New Statesman *An eye-opening, deeply disturbing, fast-moving journey through the lives, homes and affairs of the filthy rich of London. – Danny DorlingFascinating, 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’GradyA wonderful and vital account of a city ruled by, and for, extreme wealth. – Anna Minton, author of Big CapitalStartling, 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

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.