wow-inequalities/02-data/intermediate/wos_sample/ef9fa1f74165493a713391273d3f4e6a-adkins-lisa-and-coo/info.yaml

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2023-09-28 14:46:10 +00:00
abstract: 'What becomes of class when residential property prices in major cities
around the world accrue more income in a year than the average wage
worker? This paper investigates the dynamic of combined wage
disinflation and asset price inflation as a key to understanding the
growth of inequality in recent decades. Taking the city of Sydney,
Australia, as exemplary of a dynamic that has unfolded across the
Anglo-American economies, it explains how residential property was
constructed as a financial asset and how government policies helped to
generate the phenomenal house price inflation and unequal capital gains
of recent years. Proceeding in close conversation with Thomas Piketty''s
work on inequality and recent sociological contributions to the question
of class, we argue that employment and wage-based taxonomies of class
are no longer adequate for understanding a process of stratification in
which capital gains, capital income and intergenerational transfers are
preeminent. We conclude the paper by outlining a new asset-based class
taxonomy which we intend to specify further in subsequent work.'
affiliation: 'Cooper, M (Corresponding Author), Univ Sydney, Fac Arts \& Social Sci,
Sch Social \& Polit Sci, Dept Sociol \& Social Policy, Rm 348 Social Sci Bldg A02,
Sydney, NSW, Australia.
Adkins, Lisa; Cooper, Melinda; Konings, Martijn, Univ Sydney, Fac Arts \& Social
Sci, Sch Social \& Polit Sci, Sydney, NSW, Australia.'
article-number: 0308518X19873673
author: Adkins, Lisa and Cooper, Melinda and Konings, Martijn
author-email: melinda.cooper@sydney.edu.au
author_list:
- family: Adkins
given: Lisa
- family: Cooper
given: Melinda
- family: Konings
given: Martijn
da: '2023-09-28'
doi: 10.1177/0308518X19873673
earlyaccessdate: SEP 2019
eissn: 1472-3409
files: []
issn: 0308-518X
journal: ENVIRONMENT AND PLANNING A-ECONOMY AND SPACE
keywords: 'House price inflation; asset inequality; capital gains; class;
intergenerational transfers'
keywords-plus: SOCIAL-CLASS; ACCUMULATION; LABOR; FALL; RISE
language: English
month: MAY
number: '3'
number-of-cited-references: '104'
pages: 548-572
papis_id: 6108bdd3e9ce2efe4b7ca6ed1789fc00
ref: Adkins2021class21st
times-cited: '84'
title: 'Class in the 21st century: Asset inflation and the new logic of inequality'
2023-10-01 08:15:07 +00:00
type: article
2023-09-28 14:46:10 +00:00
unique-id: WOS:000486879600001
usage-count-last-180-days: '2'
usage-count-since-2013: '17'
volume: '53'
web-of-science-categories: Environmental Studies; Geography
year: '2021'