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The Asset Economy
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Check link for latest rating. ( 111 ratings, 24 reviews)
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
Ideal for academics, students, and readers interested in economic inequality, social class, and contemporary policy debates in Anglo-capitalist countries.
"How assets dictate the new class system"--
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Description
Rising inequality is the defining feature of our age. With the lion’s share of wealth growth going to the top, for a growing percentage of society a middle-class existence is out of reach. What exactly are the economic shifts that have driven the social transformations taking place in Anglo-capitalist societies?
In this timely book, The Asset Economy, Lisa Adkins, Melinda Cooper and Martijn Konings argue that the rise of the asset economy has produced a new logic of inequality. Several decades of property inflation have seen asset ownership overshadow employment as a determinant of class position. Exploring the impact of generational dynamics in this new class landscape, the book advances an original perspective on a range of phenomena that are widely debated but poorly understood – including the growth of wealth inequalities and precarity, the dynamics of urban property inflation, changes in fiscal and monetary policy, and the predicament of the “millennial” generation.
Despite widespread awareness of the harmful effects of Quantitative Easing and similar asset-supporting measures, we appear to have entered an era of policy “lock-in” that is responsible for a growing disconnect between popular expectations and institutional priorities. The resulting polarization underlies many of the volatile dynamics and rapidly shifting alliances that dominate today’s headlines.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Praised for its timely and persuasive analysis, the book is lauded by scholars like Herman Mark Schwartz as essential for understanding class conflict and housing market dynamics. Mike Savage of the London School of Economics highlights it as an outstanding update to class and inequality studies for the 21st century. Reviews commend The Asset Economy for setting the agenda for future research on socio-economic reproduction and providing important insights into contemporary inequality and exploitation, with a readable and engaging style.
Book Details
INFORMATION
ISBN: 9781509543465
Publisher: John Wiley and Sons Ltd
Format: Paperback / softback
Date Published: 11 September 2020
Country: United Kingdom
Imprint: Polity Press
Audience: Professional and scholarly
DIMENSIONS
Spine width: 13.0mm
Width: 137.0mm
Height: 216.0mm
Weight: 181g
Pages: 176
About the Author
Lisa Adkins is Head of the School of Social and Political Sciences at the University of Sydney.
Melinda Cooper is Associate Professor of Sociology at the University of Sydney.
Martijn Konings is Professor of Political Economy and Social Theory at the University of Sydney.
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