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The asset economy: conceptualizing new logics of inequality

Adkins, Lisa; Cooper, Melinda; Konings, Martijn


This paper argues that asset ownership is becoming more important than employment as a determinant of class position. The introduction considers this claim with respect to Piketty’s contribution, arguing that the latter is too focused on the growth of wealth at the very top. The first section draws on the work of Hyman Minsky to outline the logic of assets. We differentiate our approach from competing perspectives that tend to overemphasize the orthodox image of the market and in particular the...[Show more]

CollectionsANU Research Publications
Date published: 2021
Type: Journal article
Source: Distinktion: Scandinavian Journal of Social Theory
DOI: 10.1080/1600910X.2021.1904429


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