The following text field will produce suggestions that follow it as you type.

Barnes and Noble

Loading Inventory...
Elite Networks: The Political Economy of Inequality

Elite Networks: The Political Economy of Inequality

Current price: $24.99
CartBuy Online
Elite Networks: The Political Economy of Inequality

Barnes and Noble

Elite Networks: The Political Economy of Inequality

Current price: $24.99
Loading Inventory...

Size: Audiobook

CartBuy Online
*Product information may vary - to confirm product availability, pricing, shipping and return information please contact Barnes and Noble
Elite Networks
presents a new explanatory factor behind the persistence of income inequality: extractive political power.
Elite networks are informal social networks between politicians in power and top executives of politically connected firms where personal ties and long-term interactions build trust and loyalty between involved actors. Both groups draw benefits from these interactions; politicians stay in power, and corporate executives extract rents for their firms. Firms reward connected executives with higher salaries thus widening the dispersion of earnings in society. In
, Vuk Vuković offers a different perspective on the long-run origins of inequality. Calling upon historical arguments and direct empirical evidence, Vuković argues that inequality is not an artifact of a particular economic system, but a man-made phenomenon rooted deeply within the, often violent, quest for political power. Further, he theoretically and empirically establishes the impact elite networks have on higher inequality. Offering a unique contribution to the field, this book argues that to lower inequality and prevent incentives of elite network formation, we must first and foremost lower centralized political power and re-empower the citizens and the community by rebuilding trust and relying on the democratic trial-and-error mechanism.
Elite Networks
presents a new explanatory factor behind the persistence of income inequality: extractive political power.
Elite networks are informal social networks between politicians in power and top executives of politically connected firms where personal ties and long-term interactions build trust and loyalty between involved actors. Both groups draw benefits from these interactions; politicians stay in power, and corporate executives extract rents for their firms. Firms reward connected executives with higher salaries thus widening the dispersion of earnings in society. In
, Vuk Vuković offers a different perspective on the long-run origins of inequality. Calling upon historical arguments and direct empirical evidence, Vuković argues that inequality is not an artifact of a particular economic system, but a man-made phenomenon rooted deeply within the, often violent, quest for political power. Further, he theoretically and empirically establishes the impact elite networks have on higher inequality. Offering a unique contribution to the field, this book argues that to lower inequality and prevent incentives of elite network formation, we must first and foremost lower centralized political power and re-empower the citizens and the community by rebuilding trust and relying on the democratic trial-and-error mechanism.

More About Barnes and Noble at The Summit

With an excellent depth of book selection, competitive discounting of bestsellers, and comfortable settings, Barnes & Noble is an excellent place to browse for your next book.

Find Barnes and Noble at The Summit in Birmingham, AL

Visit Barnes and Noble at The Summit in Birmingham, AL
Powered by Adeptmind