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Inheritance and Wealth Inequality in Britain (Paperback)
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Inheritance and Wealth Inequality in Britain (Paperback)
Series: Routledge Revivals
Expected to ship within 12 - 17 working days
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Modern Britain is characterised by marked inequalities in the
distribution of wealth, which continue to fuel controversy and
arouse strong, if adverse, feelings. Originally published in 1979,
Inheritance and Wealth Inequality in Britain provides detailed
evidence on the relative importance of inherited and self-made
wealth. It is the first major work in the field since Wedgwood's
pioneering study in 1929, and represents a major contribution to
current debates on justice and inequality. The study is based on
more than fifteen years of detective work on successive generations
of the wealthy. Professors Harbury and Hitchens have searched
through the public records of registered wills, contacted
relatives, executors and solicitors and have even tramped through
graveyards in order to build up their picture of how wealth is
actually transmitted from generation to generation. Results of this
research challenge the commonly held view that inheritance is no
longer a main force in the perpetuation of wealth and demonstrate
unquestionably that it remains a factor of paramount importance.
The book helps to answer such questions as: what proportion of
wealthy men and wealthy women are self-made? Do the rich tend to
marry the rich? Which industries tend to favour self-made as
against inherited wealth? What are the chances today of inheriting
or dissipating a fortune? Inheritance and Wealth Inequality in
Britain is essential reading for those academically and
professionally concerned with policymaking on income and wealth
distribution and with the tax system; and to students taking
courses in welfare economics, public finance and the sociology of
class. It is also an important contribution to the history of
modern Britain.
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