The poor and the plutocrats: from the poorest of the poor to the richest of the rich
The Poor and the Plutocrats is an examination of financial inequality. From Apple, the first trillion-dollar company, at one end of the spectrum to those living in dire poverty on the other, Francis Teal explains how a world has emerged where both of these extremes co-exist
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Oxford
Oxford University Press
2021
|
| Subjects: | |
| Online Access: | DE-521 Volltext |
| Summary: | The Poor and the Plutocrats is an examination of financial inequality. From Apple, the first trillion-dollar company, at one end of the spectrum to those living in dire poverty on the other, Francis Teal explains how a world has emerged where both of these extremes co-exist |
| Physical Description: | 1 Online-Ressource (xvi, 238 Seiten) Diagramme |
| ISBN: | 9780192642745 9780191912979 |
| DOI: | 10.1093/oso/9780198870142.001.0001 |
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| 505 | 8 | |a Cover -- The Poor and the Plutocrats: From the Poorest of the Poor to the Richest of the Rich -- Copyright -- Dedication -- Preface -- Acknowledgements -- Table of Contents -- List of Figures and Tables -- Figures -- Tables -- Chapter 1: From Hundreds to Billions of Dollars of Income -- The Poor and the Plutocrats -- Incomes across the World: Absolute and Relative Poverty -- Do You Want to Get Richer Faster than Others? -- Productivity and Skills -- Inequality in Markets and Inequality across Households -- Top Income Shares: Looking for the Plutocrats -- Absolute and Relative Poverty in the UK -- The Question to Which We Seek an Answer -- Chapter 2: The Poor and the Rich in the UK in the Twenty-First Century -- Imagine -- Hunting the Very Rich in the Data -- Incomes of the Rest -- Earnings and the Minimum Wage in the UK: 1997-2016 -- Poverty in the UK in 2014 -- Household Expenditures -- The Shape of the Distribution -- The Log Scale and the Long-Run Change in the Price of Labour -- Inequality, Poverty, and Growth in the UK in the Twenty-First Century -- Appendix: The Central Limit Theorem -- Appendix: Logarithms -- Chapter 3: Five Countries: The United States, United Kingdom, Brazil, China, and India -- The Richest People in the World -- Where Do Billionaires and the Poor Come From? -- The Economic History of Five Countries-US, UK, Brazil, China, and India -- The Size of an Economy and the Location of Billionaires and the Poor -- Wages and GDP per Capita in the US for the Last 200 Years -- Wages and GDP per Capita in the UK for the Last 200, and Last 20, Years -- Delinking GDP per Capita and Wages -- Manufacturing Wages in the Rest of the World -- Appendix: Notes on the Country GDP Data -- Chapter 4: The Rise (and Rise) of the World Economy -- The Relentless Rise of the World Economy | |
| 505 | 8 | |a The Size of the World Economy and the Sources of Absolute Poverty -- The Rise of the 'West' -- The Changing Geography of Poverty in the Second Wave of Globalization -- The Pattern of Global Growth Rates from 1700 to 2014 -- The Fall of the 'West' -- So Why Do Economies Grow? -- Chapter 5: The Growing Equality across Countries and Inequality within some Countries -- Inequality -- The Distribution of Total Incomes at the Country Level -- From Countries to Households -- Inequality within Countries: Mostly Poor Countries -- Inequality within Countries: Mostly Rich Countries -- Rich and Equal, Poor and Unequal? -- Appendix Data for Figure 5.4 The Gini and GDP per Capita US (PPP 2011 prices) 1981-2014 -- Chapter 6: Inequality and Poverty across the World -- The Sources of Poverty and the Two Waves of Globalization -- Are the Levels of Absolute Poverty Falling? -- Inequality across the Rich and the Poor over the Last Two Decades -- The 'Elephant' Chart -- Rich and Poor Countries in 1950 and 2014 -- Stellar Growth Performers -- Chapter 7: The Fall and Rise of the 1 Per Cent -- From the Gini to the Share of the 1 Per Cent -- How Have the Top 10 Per Cent Fared? -- Household Market Income and GDP Growth in the UK and the US -- Who Gained and Who Lost: From Thatcher and Regan to Major and Clinton -- Who Gained and Who Lost: From New Labour and Bush Junior to the Coalition and Obama -- Winners across the Distribution of Income for the UK and US: 1979-2016 -- The Unsung Success of New Labour -- The Pay of 'Fat Cat' Managers and the 1 Per Cent -- What Happened to Incomes within the Top 20 Per Cent in the US: From Reagan to Obama -- Changes in the Gini in the US and UK with a Comparable Income Definition -- Appendix: Notes on Data for Figures 7.4 to 7.6 and Figures 7.9 and 7.10 -- Chapter 8: The Incomes of the Plutocrats in a Comparative Perspective | |
| 505 | 8 | |a Was Mr Darcy a Plutocrat? -- The Poor and the Rich in Ghana and the United Kingdom (2012-14) -- What Is the Probability of Observing Someone Richer Than You? -- Mr Darcy on a Chart at Last -- The Super-Rich in the UK -- The Super-Rich in the US and China -- Relatively Poor Billionaires: The Range of the Paretian Slope -- Growth and the Paretian Distribution -- Mr Darcy and the Super-Rich -- Appendix: A More Formal Presentation of the Paretian Distribution -- Chapter 9: Sources of Increasing Inequality: Earnings of the Relatively Unskilled -- Where Does Inequality Come From? -- Earnings for the Unskilled and Labour Productivity in the US and the UK -- Falling UK Wages: Did the Immigrants Do It? -- So Why Did Earnings Fall in the UK after the Financial Crash? -- US Manufacturing Employment and Wages: Enter the Chinese -- Stagnant Earnings in the US and Immigration -- Sectoral Shifts, Earnings, Productivity Collapses, and Inequality -- Chapter 10: Sources of Income for the Plutocrats -- Plutocrats as Capitalists, Workers, or Rentiers -- Where Do Plutocrats Come from in the UK and the US? -- The Merit View of Plutocrats -- Plutocrats as Rent Seekers -- The Wealth of the Plutocrats -- Where Does the Wealth Come From? -- So, Which View Is Right? -- Chapter 11: From the Poor to the Plutocrats -- Poverty and Inequality -- Incomes of the Absolutely Poor: Unskilled Wages and TFP -- Incomes of the Relatively Poor: Wages, Employment, and Movement -- New Jobs and Matching Skills to Jobs -- Globalization, TFP, and Wages across the World -- The Four Steps to Get from the Poor to the Plutocrats -- Step 1: Get Lucky Where You Are Born -- Step 2: Get Lucky When You Are Born (If Unskilled You Want the Early Twentieth Century, If Skilled After That) -- Step 3: Get Lucky in Being Able to Move (If Born in the Wrong Place) | |
| 505 | 8 | |a Step 4: Get Ultra-Lucky with a Great Idea, or Own an Oil Company, or Have Rich Parents, or Eliminate the Competition -- The Future: Utopia or Dystopia -- References -- Index | |
| 520 | 3 | |a The Poor and the Plutocrats is an examination of financial inequality. From Apple, the first trillion-dollar company, at one end of the spectrum to those living in dire poverty on the other, Francis Teal explains how a world has emerged where both of these extremes co-exist | |
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| contents | Cover -- The Poor and the Plutocrats: From the Poorest of the Poor to the Richest of the Rich -- Copyright -- Dedication -- Preface -- Acknowledgements -- Table of Contents -- List of Figures and Tables -- Figures -- Tables -- Chapter 1: From Hundreds to Billions of Dollars of Income -- The Poor and the Plutocrats -- Incomes across the World: Absolute and Relative Poverty -- Do You Want to Get Richer Faster than Others? -- Productivity and Skills -- Inequality in Markets and Inequality across Households -- Top Income Shares: Looking for the Plutocrats -- Absolute and Relative Poverty in the UK -- The Question to Which We Seek an Answer -- Chapter 2: The Poor and the Rich in the UK in the Twenty-First Century -- Imagine -- Hunting the Very Rich in the Data -- Incomes of the Rest -- Earnings and the Minimum Wage in the UK: 1997-2016 -- Poverty in the UK in 2014 -- Household Expenditures -- The Shape of the Distribution -- The Log Scale and the Long-Run Change in the Price of Labour -- Inequality, Poverty, and Growth in the UK in the Twenty-First Century -- Appendix: The Central Limit Theorem -- Appendix: Logarithms -- Chapter 3: Five Countries: The United States, United Kingdom, Brazil, China, and India -- The Richest People in the World -- Where Do Billionaires and the Poor Come From? -- The Economic History of Five Countries-US, UK, Brazil, China, and India -- The Size of an Economy and the Location of Billionaires and the Poor -- Wages and GDP per Capita in the US for the Last 200 Years -- Wages and GDP per Capita in the UK for the Last 200, and Last 20, Years -- Delinking GDP per Capita and Wages -- Manufacturing Wages in the Rest of the World -- Appendix: Notes on the Country GDP Data -- Chapter 4: The Rise (and Rise) of the World Economy -- The Relentless Rise of the World Economy The Size of the World Economy and the Sources of Absolute Poverty -- The Rise of the 'West' -- The Changing Geography of Poverty in the Second Wave of Globalization -- The Pattern of Global Growth Rates from 1700 to 2014 -- The Fall of the 'West' -- So Why Do Economies Grow? -- Chapter 5: The Growing Equality across Countries and Inequality within some Countries -- Inequality -- The Distribution of Total Incomes at the Country Level -- From Countries to Households -- Inequality within Countries: Mostly Poor Countries -- Inequality within Countries: Mostly Rich Countries -- Rich and Equal, Poor and Unequal? -- Appendix Data for Figure 5.4 The Gini and GDP per Capita US (PPP 2011 prices) 1981-2014 -- Chapter 6: Inequality and Poverty across the World -- The Sources of Poverty and the Two Waves of Globalization -- Are the Levels of Absolute Poverty Falling? -- Inequality across the Rich and the Poor over the Last Two Decades -- The 'Elephant' Chart -- Rich and Poor Countries in 1950 and 2014 -- Stellar Growth Performers -- Chapter 7: The Fall and Rise of the 1 Per Cent -- From the Gini to the Share of the 1 Per Cent -- How Have the Top 10 Per Cent Fared? -- Household Market Income and GDP Growth in the UK and the US -- Who Gained and Who Lost: From Thatcher and Regan to Major and Clinton -- Who Gained and Who Lost: From New Labour and Bush Junior to the Coalition and Obama -- Winners across the Distribution of Income for the UK and US: 1979-2016 -- The Unsung Success of New Labour -- The Pay of 'Fat Cat' Managers and the 1 Per Cent -- What Happened to Incomes within the Top 20 Per Cent in the US: From Reagan to Obama -- Changes in the Gini in the US and UK with a Comparable Income Definition -- Appendix: Notes on Data for Figures 7.4 to 7.6 and Figures 7.9 and 7.10 -- Chapter 8: The Incomes of the Plutocrats in a Comparative Perspective Was Mr Darcy a Plutocrat? -- The Poor and the Rich in Ghana and the United Kingdom (2012-14) -- What Is the Probability of Observing Someone Richer Than You? -- Mr Darcy on a Chart at Last -- The Super-Rich in the UK -- The Super-Rich in the US and China -- Relatively Poor Billionaires: The Range of the Paretian Slope -- Growth and the Paretian Distribution -- Mr Darcy and the Super-Rich -- Appendix: A More Formal Presentation of the Paretian Distribution -- Chapter 9: Sources of Increasing Inequality: Earnings of the Relatively Unskilled -- Where Does Inequality Come From? -- Earnings for the Unskilled and Labour Productivity in the US and the UK -- Falling UK Wages: Did the Immigrants Do It? -- So Why Did Earnings Fall in the UK after the Financial Crash? -- US Manufacturing Employment and Wages: Enter the Chinese -- Stagnant Earnings in the US and Immigration -- Sectoral Shifts, Earnings, Productivity Collapses, and Inequality -- Chapter 10: Sources of Income for the Plutocrats -- Plutocrats as Capitalists, Workers, or Rentiers -- Where Do Plutocrats Come from in the UK and the US? -- The Merit View of Plutocrats -- Plutocrats as Rent Seekers -- The Wealth of the Plutocrats -- Where Does the Wealth Come From? -- So, Which View Is Right? -- Chapter 11: From the Poor to the Plutocrats -- Poverty and Inequality -- Incomes of the Absolutely Poor: Unskilled Wages and TFP -- Incomes of the Relatively Poor: Wages, Employment, and Movement -- New Jobs and Matching Skills to Jobs -- Globalization, TFP, and Wages across the World -- The Four Steps to Get from the Poor to the Plutocrats -- Step 1: Get Lucky Where You Are Born -- Step 2: Get Lucky When You Are Born (If Unskilled You Want the Early Twentieth Century, If Skilled After That) -- Step 3: Get Lucky in Being Able to Move (If Born in the Wrong Place) Step 4: Get Ultra-Lucky with a Great Idea, or Own an Oil Company, or Have Rich Parents, or Eliminate the Competition -- The Future: Utopia or Dystopia -- References -- Index |
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| id | DE-604.BV048410347 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:24:42Z |
| indexdate | 2024-09-20T18:01:21Z |
| institution | BVB |
| isbn | 9780192642745 9780191912979 |
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| publisher | Oxford University Press |
| record_format | marc |
| spelling | Teal, Francis J. 1949- Verfasser (DE-588)170174093 aut The poor and the plutocrats from the poorest of the poor to the richest of the rich Francis Teal Oxford Oxford University Press 2021 © 2021 1 Online-Ressource (xvi, 238 Seiten) Diagramme txt rdacontent c rdamedia cr rdacarrier Cover -- The Poor and the Plutocrats: From the Poorest of the Poor to the Richest of the Rich -- Copyright -- Dedication -- Preface -- Acknowledgements -- Table of Contents -- List of Figures and Tables -- Figures -- Tables -- Chapter 1: From Hundreds to Billions of Dollars of Income -- The Poor and the Plutocrats -- Incomes across the World: Absolute and Relative Poverty -- Do You Want to Get Richer Faster than Others? -- Productivity and Skills -- Inequality in Markets and Inequality across Households -- Top Income Shares: Looking for the Plutocrats -- Absolute and Relative Poverty in the UK -- The Question to Which We Seek an Answer -- Chapter 2: The Poor and the Rich in the UK in the Twenty-First Century -- Imagine -- Hunting the Very Rich in the Data -- Incomes of the Rest -- Earnings and the Minimum Wage in the UK: 1997-2016 -- Poverty in the UK in 2014 -- Household Expenditures -- The Shape of the Distribution -- The Log Scale and the Long-Run Change in the Price of Labour -- Inequality, Poverty, and Growth in the UK in the Twenty-First Century -- Appendix: The Central Limit Theorem -- Appendix: Logarithms -- Chapter 3: Five Countries: The United States, United Kingdom, Brazil, China, and India -- The Richest People in the World -- Where Do Billionaires and the Poor Come From? -- The Economic History of Five Countries-US, UK, Brazil, China, and India -- The Size of an Economy and the Location of Billionaires and the Poor -- Wages and GDP per Capita in the US for the Last 200 Years -- Wages and GDP per Capita in the UK for the Last 200, and Last 20, Years -- Delinking GDP per Capita and Wages -- Manufacturing Wages in the Rest of the World -- Appendix: Notes on the Country GDP Data -- Chapter 4: The Rise (and Rise) of the World Economy -- The Relentless Rise of the World Economy The Size of the World Economy and the Sources of Absolute Poverty -- The Rise of the 'West' -- The Changing Geography of Poverty in the Second Wave of Globalization -- The Pattern of Global Growth Rates from 1700 to 2014 -- The Fall of the 'West' -- So Why Do Economies Grow? -- Chapter 5: The Growing Equality across Countries and Inequality within some Countries -- Inequality -- The Distribution of Total Incomes at the Country Level -- From Countries to Households -- Inequality within Countries: Mostly Poor Countries -- Inequality within Countries: Mostly Rich Countries -- Rich and Equal, Poor and Unequal? -- Appendix Data for Figure 5.4 The Gini and GDP per Capita US (PPP 2011 prices) 1981-2014 -- Chapter 6: Inequality and Poverty across the World -- The Sources of Poverty and the Two Waves of Globalization -- Are the Levels of Absolute Poverty Falling? -- Inequality across the Rich and the Poor over the Last Two Decades -- The 'Elephant' Chart -- Rich and Poor Countries in 1950 and 2014 -- Stellar Growth Performers -- Chapter 7: The Fall and Rise of the 1 Per Cent -- From the Gini to the Share of the 1 Per Cent -- How Have the Top 10 Per Cent Fared? -- Household Market Income and GDP Growth in the UK and the US -- Who Gained and Who Lost: From Thatcher and Regan to Major and Clinton -- Who Gained and Who Lost: From New Labour and Bush Junior to the Coalition and Obama -- Winners across the Distribution of Income for the UK and US: 1979-2016 -- The Unsung Success of New Labour -- The Pay of 'Fat Cat' Managers and the 1 Per Cent -- What Happened to Incomes within the Top 20 Per Cent in the US: From Reagan to Obama -- Changes in the Gini in the US and UK with a Comparable Income Definition -- Appendix: Notes on Data for Figures 7.4 to 7.6 and Figures 7.9 and 7.10 -- Chapter 8: The Incomes of the Plutocrats in a Comparative Perspective Was Mr Darcy a Plutocrat? -- The Poor and the Rich in Ghana and the United Kingdom (2012-14) -- What Is the Probability of Observing Someone Richer Than You? -- Mr Darcy on a Chart at Last -- The Super-Rich in the UK -- The Super-Rich in the US and China -- Relatively Poor Billionaires: The Range of the Paretian Slope -- Growth and the Paretian Distribution -- Mr Darcy and the Super-Rich -- Appendix: A More Formal Presentation of the Paretian Distribution -- Chapter 9: Sources of Increasing Inequality: Earnings of the Relatively Unskilled -- Where Does Inequality Come From? -- Earnings for the Unskilled and Labour Productivity in the US and the UK -- Falling UK Wages: Did the Immigrants Do It? -- So Why Did Earnings Fall in the UK after the Financial Crash? -- US Manufacturing Employment and Wages: Enter the Chinese -- Stagnant Earnings in the US and Immigration -- Sectoral Shifts, Earnings, Productivity Collapses, and Inequality -- Chapter 10: Sources of Income for the Plutocrats -- Plutocrats as Capitalists, Workers, or Rentiers -- Where Do Plutocrats Come from in the UK and the US? -- The Merit View of Plutocrats -- Plutocrats as Rent Seekers -- The Wealth of the Plutocrats -- Where Does the Wealth Come From? -- So, Which View Is Right? -- Chapter 11: From the Poor to the Plutocrats -- Poverty and Inequality -- Incomes of the Absolutely Poor: Unskilled Wages and TFP -- Incomes of the Relatively Poor: Wages, Employment, and Movement -- New Jobs and Matching Skills to Jobs -- Globalization, TFP, and Wages across the World -- The Four Steps to Get from the Poor to the Plutocrats -- Step 1: Get Lucky Where You Are Born -- Step 2: Get Lucky When You Are Born (If Unskilled You Want the Early Twentieth Century, If Skilled After That) -- Step 3: Get Lucky in Being Able to Move (If Born in the Wrong Place) Step 4: Get Ultra-Lucky with a Great Idea, or Own an Oil Company, or Have Rich Parents, or Eliminate the Competition -- The Future: Utopia or Dystopia -- References -- Index The Poor and the Plutocrats is an examination of financial inequality. From Apple, the first trillion-dollar company, at one end of the spectrum to those living in dire poverty on the other, Francis Teal explains how a world has emerged where both of these extremes co-exist Income distribution Equality Electronic books Erscheint auch als Druck-Ausgabe Teal, Francis The Poor and the Plutocrats Oxford : Oxford University Press, Incorporated,c2021 978-0-19-887014-2 https://doi.org/10.1093/oso/9780198870142.001.0001 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Teal, Francis J. 1949- The poor and the plutocrats from the poorest of the poor to the richest of the rich Cover -- The Poor and the Plutocrats: From the Poorest of the Poor to the Richest of the Rich -- Copyright -- Dedication -- Preface -- Acknowledgements -- Table of Contents -- List of Figures and Tables -- Figures -- Tables -- Chapter 1: From Hundreds to Billions of Dollars of Income -- The Poor and the Plutocrats -- Incomes across the World: Absolute and Relative Poverty -- Do You Want to Get Richer Faster than Others? -- Productivity and Skills -- Inequality in Markets and Inequality across Households -- Top Income Shares: Looking for the Plutocrats -- Absolute and Relative Poverty in the UK -- The Question to Which We Seek an Answer -- Chapter 2: The Poor and the Rich in the UK in the Twenty-First Century -- Imagine -- Hunting the Very Rich in the Data -- Incomes of the Rest -- Earnings and the Minimum Wage in the UK: 1997-2016 -- Poverty in the UK in 2014 -- Household Expenditures -- The Shape of the Distribution -- The Log Scale and the Long-Run Change in the Price of Labour -- Inequality, Poverty, and Growth in the UK in the Twenty-First Century -- Appendix: The Central Limit Theorem -- Appendix: Logarithms -- Chapter 3: Five Countries: The United States, United Kingdom, Brazil, China, and India -- The Richest People in the World -- Where Do Billionaires and the Poor Come From? -- The Economic History of Five Countries-US, UK, Brazil, China, and India -- The Size of an Economy and the Location of Billionaires and the Poor -- Wages and GDP per Capita in the US for the Last 200 Years -- Wages and GDP per Capita in the UK for the Last 200, and Last 20, Years -- Delinking GDP per Capita and Wages -- Manufacturing Wages in the Rest of the World -- Appendix: Notes on the Country GDP Data -- Chapter 4: The Rise (and Rise) of the World Economy -- The Relentless Rise of the World Economy The Size of the World Economy and the Sources of Absolute Poverty -- The Rise of the 'West' -- The Changing Geography of Poverty in the Second Wave of Globalization -- The Pattern of Global Growth Rates from 1700 to 2014 -- The Fall of the 'West' -- So Why Do Economies Grow? -- Chapter 5: The Growing Equality across Countries and Inequality within some Countries -- Inequality -- The Distribution of Total Incomes at the Country Level -- From Countries to Households -- Inequality within Countries: Mostly Poor Countries -- Inequality within Countries: Mostly Rich Countries -- Rich and Equal, Poor and Unequal? -- Appendix Data for Figure 5.4 The Gini and GDP per Capita US (PPP 2011 prices) 1981-2014 -- Chapter 6: Inequality and Poverty across the World -- The Sources of Poverty and the Two Waves of Globalization -- Are the Levels of Absolute Poverty Falling? -- Inequality across the Rich and the Poor over the Last Two Decades -- The 'Elephant' Chart -- Rich and Poor Countries in 1950 and 2014 -- Stellar Growth Performers -- Chapter 7: The Fall and Rise of the 1 Per Cent -- From the Gini to the Share of the 1 Per Cent -- How Have the Top 10 Per Cent Fared? -- Household Market Income and GDP Growth in the UK and the US -- Who Gained and Who Lost: From Thatcher and Regan to Major and Clinton -- Who Gained and Who Lost: From New Labour and Bush Junior to the Coalition and Obama -- Winners across the Distribution of Income for the UK and US: 1979-2016 -- The Unsung Success of New Labour -- The Pay of 'Fat Cat' Managers and the 1 Per Cent -- What Happened to Incomes within the Top 20 Per Cent in the US: From Reagan to Obama -- Changes in the Gini in the US and UK with a Comparable Income Definition -- Appendix: Notes on Data for Figures 7.4 to 7.6 and Figures 7.9 and 7.10 -- Chapter 8: The Incomes of the Plutocrats in a Comparative Perspective Was Mr Darcy a Plutocrat? -- The Poor and the Rich in Ghana and the United Kingdom (2012-14) -- What Is the Probability of Observing Someone Richer Than You? -- Mr Darcy on a Chart at Last -- The Super-Rich in the UK -- The Super-Rich in the US and China -- Relatively Poor Billionaires: The Range of the Paretian Slope -- Growth and the Paretian Distribution -- Mr Darcy and the Super-Rich -- Appendix: A More Formal Presentation of the Paretian Distribution -- Chapter 9: Sources of Increasing Inequality: Earnings of the Relatively Unskilled -- Where Does Inequality Come From? -- Earnings for the Unskilled and Labour Productivity in the US and the UK -- Falling UK Wages: Did the Immigrants Do It? -- So Why Did Earnings Fall in the UK after the Financial Crash? -- US Manufacturing Employment and Wages: Enter the Chinese -- Stagnant Earnings in the US and Immigration -- Sectoral Shifts, Earnings, Productivity Collapses, and Inequality -- Chapter 10: Sources of Income for the Plutocrats -- Plutocrats as Capitalists, Workers, or Rentiers -- Where Do Plutocrats Come from in the UK and the US? -- The Merit View of Plutocrats -- Plutocrats as Rent Seekers -- The Wealth of the Plutocrats -- Where Does the Wealth Come From? -- So, Which View Is Right? -- Chapter 11: From the Poor to the Plutocrats -- Poverty and Inequality -- Incomes of the Absolutely Poor: Unskilled Wages and TFP -- Incomes of the Relatively Poor: Wages, Employment, and Movement -- New Jobs and Matching Skills to Jobs -- Globalization, TFP, and Wages across the World -- The Four Steps to Get from the Poor to the Plutocrats -- Step 1: Get Lucky Where You Are Born -- Step 2: Get Lucky When You Are Born (If Unskilled You Want the Early Twentieth Century, If Skilled After That) -- Step 3: Get Lucky in Being Able to Move (If Born in the Wrong Place) Step 4: Get Ultra-Lucky with a Great Idea, or Own an Oil Company, or Have Rich Parents, or Eliminate the Competition -- The Future: Utopia or Dystopia -- References -- Index Income distribution Equality |
| title | The poor and the plutocrats from the poorest of the poor to the richest of the rich |
| title_auth | The poor and the plutocrats from the poorest of the poor to the richest of the rich |
| title_exact_search | The poor and the plutocrats from the poorest of the poor to the richest of the rich |
| title_exact_search_txtP | The poor and the plutocrats from the poorest of the poor to the richest of the rich |
| title_full | The poor and the plutocrats from the poorest of the poor to the richest of the rich Francis Teal |
| title_fullStr | The poor and the plutocrats from the poorest of the poor to the richest of the rich Francis Teal |
| title_full_unstemmed | The poor and the plutocrats from the poorest of the poor to the richest of the rich Francis Teal |
| title_short | The poor and the plutocrats |
| title_sort | the poor and the plutocrats from the poorest of the poor to the richest of the rich |
| title_sub | from the poorest of the poor to the richest of the rich |
| topic | Income distribution Equality |
| topic_facet | Income distribution Equality |
| url | https://doi.org/10.1093/oso/9780198870142.001.0001 |
| work_keys_str_mv | AT tealfrancisj thepoorandtheplutocratsfromthepoorestofthepoortotherichestoftherich |