Rentier Capitalism: Who Owns the Economy, and Who Pays for It?

How did Britain's economy become a bastion of inequality?

In this landmark book, the author of The New Enclosure provides a forensic examination and sweeping critique of early-twenty-first-century capitalism. Brett Christophers styles this as 'rentier capitalism', in which ownership of key types of scarce assets--such as land, intellectual property, natural resources, or digital platforms--is all-important and dominated by a few unfathomably wealthy companies and individuals: rentiers.

If a small elite owns today's economy, everybody else foots the bill. Nowhere is this divergence starker, Christophers shows, than in the United Kingdom, where the prototypical ills of rentier capitalism--vast inequalities combined with entrenched economic stagnation--are on full display and have led the country inexorably to the precipice of Brexit.

With profound lessons for other countries subject to rentier dominance, Christophers' examination of the UK case is indispensable to those wanting not just to understand this insidious economic phenomenon but to overcome it.

Frequently invoked but never previously analysed and illuminated in all its depth and variety, rentier capitalism is here laid bare for the first time.

Author: Brett Christophers
Publisher: Verso
Published: 11/24/2020
Pages: 512
Binding Type: Hardcover
Weight: 1.54lbs
Size: 9.40h x 6.50w x 1.50d
ISBN13: 9781788739726
ISBN10: 1788739728
BISAC Categories:
- Political Science | Political Economy
- Political Science | Commentary & Opinion
- Political Science | History & Theory | General

About the Author
Brett Christophers is Professor in the Department of Social and Economic Geography at Uppsala University. A political economist and economic geographer, he is the author or coauthor of five previous books including The New Enclosure: The Appropriation of Public Land in Neoliberal Britain.