Durable Wealth: Institutions, Mechanisms, and Practices of Wealth Perpetuation

Beckert, Jens

doi:10.1146/annurev-soc-030320-115024

アイテム詳細

登録内容を編集ファイル形式で保存

一時保存へ追加

タグ情報を表示リリース履歴を表示詳細要約

公開

学術論文

Durable Wealth: Institutions, Mechanisms, and Practices of Wealth Perpetuation

MPS-Authors

/persons/resource/persons41135

Beckert, Jens
Wirtschaftssoziologie, MPI for the Study of Societies, Max Planck Society;

External Resource

https://doi.org/10.1146/annurev-soc-030320-115024
(出版社版)

Fulltext (restricted access)

There are currently no full texts shared for your IP range.

フルテキスト (公開)

ARS_48_2022_Beckert.pdf
(全文テキスト（全般）), 348KB

付随資料 (公開)

There is no public supplementary material available

引用

Beckert, J. (2022). Durable Wealth: Institutions, Mechanisms, and Practices of Wealth Perpetuation. Annual Review of Sociology, 48, 233-255. doi:10.1146/annurev-soc-030320-115024.

引用: https://hdl.handle.net/21.11116/0000-000A-0315-B

要旨

Research indicates that positions of very high private wealth can often be maintained by families over many generations. This article puts front and center the institutions, mechanisms and practices through which families at the very top of the wealth distribution protect and enlarge their wealth.

Opportunity hoarding is based on legal institutions, most importantly inheritance law, trust law, advantageous financial regulations and estate tax policies. Wealthy owners also pay for a growing number of legal and financial experts whose task it is to protect their fortunes. The stipulations of legal institutions are shaped through lobbying, campaign donations and the influencing of public opinion, facilitating the intergenerational preservation of large fortunes. Philanthropy appears to be not primarily a means of supporting general welfare, but rather a further instrument of wealth protection of the super-rich through their role in legitimizing large fortunes and the reaping of tax benefits. The entrenched character of large fortunes opens up questions regarding the normative identity of contemporary societies.