The Wealth of the Elite

Toward a New Gilded Age

  • Stamatios Tsigos
  • Kevin Daly

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Stamatios Tsigos, Kevin Daly
    Pages 1-13
  3. Stamatios Tsigos, Kevin Daly
    Pages 15-38
  4. Stamatios Tsigos, Kevin Daly
    Pages 39-73
  5. Stamatios Tsigos, Kevin Daly
    Pages 75-128
  6. Stamatios Tsigos, Kevin Daly
    Pages 129-190
  7. Stamatios Tsigos, Kevin Daly
    Pages 191-199
  8. Back Matter
    Pages 201-234

About this book


This book analyses the processes through which the modern forms of large fortunes are amassed. Despite the recent spate of governmental and non-governmental interest in inequality (be it wealth or income), the most privileged and fortunate have not generated much interest in mainstream economics. As the issue of wealth accumulation is multifaceted, the proposed book will not merely be an exercise in business history but deals with the issue from multiple perspectives, accordingly employing alternative research methods. Broadly, the trends and dynamics in high-tier wealth accumulation are coupled to the economic, political and social mechanisms that have been in play for at least half a century or more in some parts of the world. This approach leads to potential policy implications since much of the debate on wealth distribution centres on the extent to which wealth has been ‘justly’ attained. Further, how wealth is distributed in the capitalist system can have an impact upon economic growth.This book offers an alternative perspective on why we have witnessed the growth of a new social class of ultra rich.  This book will be of interest to academics and researchers in international economic bodies.


Wealth inequality Financialization Economic elite Political economy Business History High net- wealth individuals Rise of the Dual Economy

Authors and affiliations

  • Stamatios Tsigos
    • 1
  • Kevin Daly
    • 2
  1. 1.MelbourneAustralia
  2. 2.Western Sydney UniversityCampbelltownAustralia

Bibliographic information

Industry Sectors
Finance, Business & Banking