Elite occupations are characterised by the magnitude of income accumulation which has been particularly exacerbated in the financialisation process. This paper however shows that the cumulative effects on group earnings is a pattern visible across the labour force. The case studies on the US and...

This paper analyses the pre-tax inequality in the income that individuals actually receive in Brazil and the role of the personal income tax in regulating these incomes. We produce a new distributional series of fiscal income, consistently combining annual and nationally representative household...

This paper relates social mobility and social stratification to the structure of higher education. We develop an intergenerational model which shows that a two-tier higher education characterised by a division between elite and standard universities can be a key factor in generating permanent...

This paper relates social mobility and social stratification to the structure of higher education. We develop an intergenerational model which shows that a two-tier higher education characterised by a division between elite and standard universities can be a key factor in generating permanent...

Despite the ubiquity of illegality in today's financial markets, systematic scrutiny of the phenomenon of financial crime is lacking in the fields of economic sociology and political economy. One field of research in which the illegal behaviors of business elites have long taken center stage is...

Ein internationaler Rechercheverbund hat dubiose Finanzgeschäfte bekannter Persönlichkeiten enthüllt. Die „Panama Papers“ werden auch Deutschland lange beschäftigen. Von mehr Kontrolle bis hin zur Entsendung der Kavallerie reichen die Vorschläge, mit denen gegen Steueroasen vorgegangen...

Despite the ubiquity of illegality in today's financial markets, systematic scrutiny of the phenomenon of financial crime is lacking in the fields of economic sociology and political economy. One field of research in which the illegal behaviors of business elites have long taken center stage is...

This paper proposes to understand a singular but salient factor that enables the wealthy to deflect their tax burden downwards: elites' political leverage to shape legislation via their capacity to influence political actors and policy outcomes. The analysis sheds light on alternative mechanisms...

We employ a unique dataset on members of an elite service club in Germany to investigate how elite networks affect the allocation of resources. Specifically, we investigate credit allocation decisions of banks to firms inside the network. Using a quasi-experimental research design, we document...

The concept of political capitalism -- Political capitalism as an economic system -- The political and economic elite -- Interest groups and political exchange -- Political creation of economic rents -- Transitional gains and rent extraction -- The regulatory state -- Capitalism versus democracy...

Transnational capitalist class power elite: a seventy-year history -- Giants: the financial core of global capitalism -- Managers: the global power elite managers of the financial giants -- Facilitators: power elite policy planning center of the transnational capitalist class -- Protectors:...

1. Amsterdam: a center of credit -- 2. Frankfurt an der Oder: Central European middlemen -- 3. Border lands: legal restrictions, army supplying, and economic success -- 4. Praga: a stepping stone -- 5. Warsaw: the rise of a Jewish economic elite

As Hacker and Pierson (2010) have observed, politics is primarily organization: "organized combat." To understand the outcomes of politics, we have to look at how it is organized over time: by whom and with what resources? I take Sweden as an example of how politics as organized combat has...

In recent years we have seen a resurfacing of magic as an analytical category in anthropological literature, with particular emphasis on modern forms of occultism and witchcraft. Magic has yet to prove itself a useful analytical tool within the anthropology of organizations, and this article...

Modern finance has become a very complicated field, which raises many questions about its economic and social mission. Many bankers’ ignorance of complex knowledge and care for the future are hostile ingredients that transform the markets’ volatility, through spillover effects, into economic...