Wealth and the wealthy have received relatively little attention from social scientists despite a growing wealth gap. Aimed at a broad social science and public readership, this book draws on new data on wealth to answer the following key questions: What is wealth? Who has got it? Where might we draw a ‘wealth line’? Who lies above it? And what might policy do about wealth and the wealthy? Using data sources from the HMRC to the Sunday Times Rich list, this book provides a comprehensive and critical discussion of these issues, and looks at potential policy responses, including ‘asset-based’ welfare and taxation.
Table of Content
Why wealth matters; Why the wealthy matter; What is wealth and who are the wealthy?; The distribution of wealth; The rich, the richer and the richest; Towards a comprehensive policy on assets; Social policy and the wealthy; Conclusions.
About the author
Stephen Mc Kay is Professor of Social Research in the School of Social Policy at the University of Birmingham. He has particular expertise in the secondary analysis of complex datasets in relation to, social security, inequality and wealth.