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The Wealth of the Elite = Toward a New Gilded Age /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	The Wealth of the Elite/ by Stamatios Tsigos, Kevin Daly.
Reminder of title:	Toward a New Gilded Age /
Author:	Tsigos, Stamatios.
other author:	Daly, Kevin.
Description:	XIII, 234 p. 31 illus.online resource. :
Contained By:	Springer Nature eBook
Subject:	Welfare economics. -
Online resource:	https://doi.org/10.1007/978-981-15-2148-5
ISBN:	9789811521485

The Wealth of the Elite = Toward a New Gilded Age /
Tsigos, Stamatios.

The Wealth of the EliteToward a New Gilded Age /[electronic resource] :by Stamatios Tsigos, Kevin Daly. - 1st ed. 2020. - XIII, 234 p. 31 illus.online resource.

1. Introduction -- 2. Current state of understanding: What does economics say about the economic elite? -- 3. Wealth’s vista. Trends in Wealth and the Rise of the Billionaire -- 4. The Rise of the Dual Economy – Wealth and Inequality -- 5. Sources of Great Fortunes in the World -- 6. Conclusion.

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.

ISBN: 9789811521485

Standard No.: 10.1007/978-981-15-2148-5doiSubjects--Topical Terms:

555259
Welfare economics.

LC Class. No.: HB846-846.8

Dewey Class. No.: 302.1

The Wealth of the Elite = Toward a New Gilded Age /
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520 $a 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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