The present paper treats the issue of economic foundations, on which political power rests, and the specific problem of … paper develops a model of political power based on the possession of capital, and on the transformation of public possession … power in the political system. We are witnessing a progressive withdrawal of public finance and public borrowing as a means …

. What makes the rich different, I propose, is hierarchical power. The rich command hierarchies. The poor do not. It is this … evidence from US CEOs. I find that the relative income of CEOs increases with their hierarchical power, as does the capitalist … portion of their income. This suggests that among CEOs, both income size and income class relate to hierarchical power. I then …

hierarchical power - the command of subordinates in a hierarchy - is what distinguishes the rich from the poor and capitalists from … workers. Specifically, I hypothesize that individual income increases with hierarchical power, as does the share of individual … extrapolates the CEO data. The results indicate that income tends to increase with hierarchical power, as does the capitalist …