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Rent-seekers, profits, wages and inequality : the top 20%

Author: Péter Mihályi; Iván Szelényi
Publisher: Cham, Switzerland : Palgrave Macmillan, [2019] ©2019
Series: Palgrave pivot.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Mihályi and Szelényi provide a timely contribution to contemporary debates about inequality of incomes and wealth, offering a careful examination of various sources of rent in contemporary societies, and considering several policy options to reduce inequality in order to preserve the meritocratic nature of liberal democracies. While Rent Seekers, Profits, Wages and Rents acknowledges the rapid and disturbing  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Mihályi, Péter.
Rent-seekers, profits, wages and inequality.
Cham, Switzerland : Palgrave Macmillan, [2019]
(OCoLC)1084302460
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Péter Mihályi; Iván Szelényi
ISBN: 9783030038465 3030038467
OCLC Number: 1080999091
Description: 1 online resource (156 pages)
Contents: Introduction --
Rent in classical economic, social and political theory --
Thirteen types of rent in the globalized world --
Class reproduction of the upper middle class (top 20%) --
Stages of rent-seeking under post-communism --
Rent-securing by the nation states and rent destruction by globalization --
Theoretical and policy conclusions.
Series Title: Palgrave pivot.
Other Titles: Rent-seekers, profits, wages and inequality :
Responsibility: Péter Mihályi, Iván Szelényi.

Abstract:

Mihályi and Szelényi provide a timely contribution to contemporary debates about inequality of incomes and wealth, offering a careful examination of various sources of rent in contemporary societies, and considering several policy options to reduce inequality in order to preserve the meritocratic nature of liberal democracies. While Rent Seekers, Profits, Wages and Rents acknowledges the rapid and disturbing increase of incomes and wealth in the top 1 or 0.1%, it focuses on the increasing rent component of incomes and wealth in the top 20% as even more consequential. The attention to cutting-edge issues on inequality in macroeconomics, political science and sociology will appeal to social scientists interested in income distribution and wealth accumulation.

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