Authors
Iain Hay
Publication date
2013
Publisher
Edward Elgar Publishing
Description
ÔGlobalization, it seems, has propelled the worldÕs uber-wealthy to new heights of power and money, with tremendous repercussions for the other 99.9 percent of us. At a time when neoliberalism has propelled the world into a new Gilded Age, with rising inequality everywhere, an aggressive class war being waged by the wealthy, and billionaires inserting themselves bluntly into the political arena, understanding the behavior and spatiality of the super-rich has acquired a pressing urgency. This volume offers a richly textured suite of essays concerning how the super-rich have restructured local places, transforming landscapes as varied as London and Kentucky, Ireland and St. Barts, as well as domains as varied as art, thoroughbred horses, and housing. Õ Ð Barney Warf, University of Kansas, US ÔThe worldÕs super-rich, made up of just 11 million people, have access to about US $42.0 trillion of wealth. These are people who each have a spare million of ÒliquidÓ wealth. Their wealth is roughly equal to two thirds of global GDP. They own most of everything. As the editor of this books states Ò... library shelves and the pages of journals remain largely devoid of geographical work on the super-rich Ð a startling lacuna this volume sets out to fillÓ. The super-rich now own most of the planet. During the last year their share fell slightly. Times may be changing. Now is the time to begin to study the superÐrich in detail, especially if you are worried about where all the wealth has gone. Õ Ð Danny Dorling, University of Sheffield, UK This timely and path-breaking book brings together a group of distinguished and emerging international scholars to …
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