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dc.contributor.authorMurray, Georgina
dc.contributor.editorDennis Morgan
dc.date.accessioned2017-10-30T12:30:34Z
dc.date.available2017-10-30T12:30:34Z
dc.date.issued2015
dc.identifier.issn1463-6689
dc.identifier.doi10.1108/FS-04-2014-0022
dc.identifier.urihttp://hdl.handle.net/10072/87337
dc.description.abstractPurpose – The purpose of this paper is to investigate who rules the world. The hypothesis is that it is the 0.1 per cent of owners and controllers of capital. Design/methodology/approach – This study used secondary sources including the Bureau Van Dyk and The World Top Incomes database to look at distributions of income and wealth (stock ownership). This is supplemented with a secondary source analysis and with some interviews. Findings – The top point one per centers, the wealthy, those on the top incomes and transnational capitalist class are all distinct but overlapping categories that describe the (white) men and (few) women who hold power through their ownership and/or control of capital and who are thereby directly or indirectly able to act hegemonically on an emerging global basis. Research limitations/implications – Theorists of the global school of capitalism Alveredo et al., 2013 argue that there has been a qualitatively new twenty-first century transnational capitalism in the process of emerging (see Robinson, 2012a). This paper tests this assumption and relates it to the work by Hamm 2010. Social implications – The flip side of this progressively widening concentration of income and wealth into fewer (0.1 per cent) hands brings new lows to the polarisation of class, exploitation and domination. All of these have intensified since the 1980s with the end of the Keynesian Compromise. This north/south accentuated division has implications for social justice. Originality/value – This seeks to identify empirical evidence to support the theory of an emerging transnational capitalist class.
dc.description.peerreviewedYes
dc.languageEnglish
dc.language.isoeng
dc.publisherEmerald Group Publishing Limited
dc.publisher.placeUnited Kingdom
dc.relation.ispartofpagefrom208
dc.relation.ispartofpageto225
dc.relation.ispartofissue2
dc.relation.ispartofjournalForesight
dc.relation.ispartofvolume17
dc.subject.fieldofresearchSociology not elsewhere classified
dc.subject.fieldofresearchcode160899
dc.titleWe rule the world: an emerging global class fraction?
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
dc.description.versionAccepted Manuscript (AM)
gro.facultyArts, Education & Law Group, School of Humanities, Languages and Social Sciences
gro.rights.copyright© 2015 Emerald. This is the author-manuscript version of this paper. Reproduced in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
gro.hasfulltextFull Text
gro.griffith.authorMurray, Georgina


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