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The Asset Economy

By (author) Lisa Adkins, By (author) Melinda Cooper, By (author) Martijn Konings

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Price: R 1,995.95

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Rising inequality isÂ theÂ defining feature of our age. With the lionâ€™s share of wealth growth going to the top, for a growing percentage of society a middle-class existence is out of reach.Â What exactly are the economic shifts that have driven the social transformations taking place in Anglo-capitalist societies? Â Â 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.Â 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 â€“ 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 â€œmillennialâ€ generation. Despite widespread awareness of theÂ harmfulÂ effects of Quantitative Easing and similar asset-supporting measures,Â we appear to have entered an era of policy â€œlock-inâ€ 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 todayâ€™s headlines.

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Normal Price | R 2,925.95
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