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The Wealth of the Elite - Toward a New Gilded Age (Paperback, 1st ed. 2020)
Loot Price: R3,212
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The Wealth of the Elite - Toward a New Gilded Age (Paperback, 1st ed. 2020)
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This book analyses the processes through which the modern forms of
large fortunes are amassed. Despite the recent spate of
governmental and non-governmental interest in inequality (be it
wealth or income), the most privileged and fortunate have not
generated much interest in mainstream economics. As the issue of
wealth accumulation is multifaceted, the proposed book will not
merely be an exercise in business history but deals with the issue
from multiple perspectives, accordingly employing alternative
research methods. Broadly, the trends and dynamics in high-tier
wealth accumulation are coupled to the economic, political and
social mechanisms that have been in play for at least half a
century or more in some parts of the world. This approach leads to
potential policy implications since much of the debate on wealth
distribution centres on the extent to which wealth has been
'justly' attained. Further, how wealth is distributed in the
capitalist system can have an impact upon economic growth.This book
offers an alternative perspective on why we have witnessed the
growth of a new social class of ultra rich. This book will be of
interest to academics and researchers in international economic
bodies.
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