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999 _c2561
_d2561
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008 220803b ||||| |||| 00| 0 eng d
020 _a9781509543465
082 _a306.3
_bADK
100 _aAdkins, Lisa
_96443
245 _aThe asset economy, property ownership and the new logic of inequality
260 _bPolity Press
_aCambridge
_c2020
300 _aviii, 119 p.
365 _aUSD
_b19.95
504 _aTABLE OF CONTENTS 1. Introduction 2. Asset Logics 3. The Making of the Asset Economy 4. New Class Realities 5. Conclusion References
520 _aDESCRIPTION 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, 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.
650 _aSocial stratification
_98238
650 _aTime--Social aspects
_98239
650 _aHome ownership--Social aspects
_98240
700 _aCooper, Melinda
_98241
700 _aKonings, Martijn
_98242
942 _2ddc
_cBK