Oxford Handbook of the Sociology of Global Elites
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The fortunes of the wealthy are soaring across the globe. Economists have demonstrated that the lion's share of economic growth over the past decade benefits the richest people: the top 1% took 38% of all additional wealth accumulated since the mid-1990s, whereas the bottom 50% captured just 2%. But there is more to this phenomenon than money. The social composition of elites, their cultural profi...
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The fortunes of the wealthy are soaring across the globe. Economists have demonstrated that the lion's share of economic growth over the past decade benefits the richest people: the top 1% took 38% of all additional wealth accumulated since the mid-1990s, whereas the bottom 50% captured just 2%. But there is more to this phenomenon than money. The social composition of elites, their cultural profi...
Read more