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A Wealth of Buildings: Marking the Rhythm of English HistoryWealth of the Nation

A Wealth of Buildings: Marking the Rhythm of English History: Wealth of the Nation [Distributions of income and wealth remained highly unequal in Britain until the twentieth century. During the feudal period, land was the predominant store of wealth, and landownership was concentrated in the hands of the crown, church, and aristocracy. Wealth was slowly redistributed to the gentry and merchant classes as feudalism gave way to mercantilism and agrarian capitalism, and more rapidly concentrated in the hands of the emergent capitalist class during the Industrial Revolution. It was only after the First World War that the combination of technological change, trade union power, and progressive taxation triggered a Great Levelling in income and wealth distributions. However, since the 1980s globalization and financialization have empowered a neoliberal Counter-Revolution, causing inequalities to widen once more.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Wealth of Buildings: Marking the Rhythm of English HistoryWealth of the Nation

Barras, Richard
Springer Journals — Sep 23, 2016
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53 pages

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Publisher
Palgrave Macmillan UK
Copyright
© The Editor(s) (if applicable) and The Author(s) 2016. The author(s) has/have asserted their right(s) to be identified as the author(s) of this work in accordance with the Copyright, Designs and Patents Act 1988.
ISBN
978-0-230-36035-8
Pages
35 –88
DOI
10.1057/978-1-137-31921-0_2
Publisher site
See Chapter on Publisher Site

Abstract

[Distributions of income and wealth remained highly unequal in Britain until the twentieth century. During the feudal period, land was the predominant store of wealth, and landownership was concentrated in the hands of the crown, church, and aristocracy. Wealth was slowly redistributed to the gentry and merchant classes as feudalism gave way to mercantilism and agrarian capitalism, and more rapidly concentrated in the hands of the emergent capitalist class during the Industrial Revolution. It was only after the First World War that the combination of technological change, trade union power, and progressive taxation triggered a Great Levelling in income and wealth distributions. However, since the 1980s globalization and financialization have empowered a neoliberal Counter-Revolution, causing inequalities to widen once more.]

Published: Sep 23, 2016

Keywords: Real Estate; Income Distribution; Real Wage; Household Wealth; Wealth Accumulation

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