Inheritance and Wealth in America is a superb collection of original essays, written in nontechnical language by experts in sociology, economics, anthropology, history, law, and other disciplines. Notable chapters provide - an outstanding interpretative history of inheritance in American legal thought - a critical review of the literature on the economics of inheritance at the household and societal levels - a superb history of Federal taxation of wealth transfers, and - a sociological examination of inheritance and its role in class reproduction and stratification. This groundbreaking work is of value to any researcher dealing with the transmission of wealth and privilege across generations.

There is a pervasive ideology that claims America is a land of unlimited opportunity, and people get out of the system what they put into it based on talent, attitude, hard work, and character. The Meritocracy Myth: Who Gets Ahead and Why deconstructs this idea by identifying factors that suppress, neutralize, or negate merit-based traits. These include economic inheritance, who you know (social capital) and "fitting in" (cultural capital), being at the right place at the right time, unequal access to educational opportunities, and discrimination based on race, sex, age, sexual orientation, physical disability, religion, and physical appearance. Discussion questions at the end of each chapter encourage students to think critically and develop a deeper understanding of why some people succeed and others fail. New to the Fifth Edition New discussion of national college admission scandal highlights how educational opportunities are mediated by social class (Chapter 5) Revised Chapter 7, "The Luck Factor," includes discussions of how the COVID-19 pandemic, manufacturing of critical goods in the U.S., and the oversupply of college graduates impact the likelihood of intergenerational mobility New discussion on reparations as a way to address inequality for historically discriminated against groups reflects current debates (Chapter 10) New discussion of murders of Black suspects by police, Black Lives Matter, and the Dobbs Supreme Court decision illustrate ongoing patterns of discrimination that impact the prospects of Americans (Chapter 9)

Inheritance and Wealth in America is a superb collection of original essays, written in nontechnical language by experts in sociology, economics, anthropology, history, law, and other disciplines. Notable chapters provide - an outstanding interpretative history of inheritance in American legal thought - a critical review of the literature on the economics of inheritance at the household and societal levels - a superb history of Federal taxation of wealth transfers, and - a sociological examination of inheritance and its role in class reproduction and stratification. This groundbreaking work is of value to any researcher dealing with the transmission of wealth and privilege across generations.