The Bourgeoisie -Title.ppt
- Количество слайдов: 27
THE BOURGEOISIE IN in MODERN SOCIETIES
The Bourgeoisie or Capitalist Class (Upper Class) o It is the property-owned class, those who live from earning made from the ownership, control, and exploitation of property such as land, capital, large business, or share holdings.
Corporative capitalism o The individual capitalist property were superseded by stockholding companies. o The individual capitalists were forced out by shareholders. o Dispersion of capitalist property among the mass of shareholders.
REVOLUTION OF MANAGERS Key elements of the concept: o Separation of ownership and control; o Managers are a new dominant class. o Rejection of the ‘bourgeoisie’ (capitalists) as an outdated and redundant term.
Critics of the concept o Empirical studies demonstrate that the powers of individual owners have not declined much, and certainly not as radically as has been claimed. o The more widespread share ownership only means that very considerable powers of boards of directors are exercised, while owning only a single-figure percentage of the shares. o The concept of a bourgeoisie or capitalist class is still important.
o ‘Old money’ Prestige Distinctions within the Bourgeoisie The nouveaux riches
o ‘Old money’: Restriction of Membership SOCIAL STRATEGIES OF THE BOURGEOISIE The nouveaux riches: inclusionary strategies
INCLUSIONARY STRATEGY OF NOUVEAUX RICHES o THE AIM: They seek to acquire a more aristocratic status via inclusionary strategies. MEANS: -The purchase of landed estates; - intermarriage with the aristocracy; - the education of their children in the elite schools, etc.
Members of the bourgeoisie (% of population) o Britain Sweden Finland USA 2 % 0, 7 % 1, 8
Top 10 – 2006 Total – 723 (2006) Europe - 164 o o o o 1 Bill Gates, US, worth $50 bn (IT) 2 Warren Buffett, US, $42 bn (finance) 3 Carlos Slim Helu, Mexico, $30 bn (telecoms) 4 Ingvar Kamprad, Sweden, $28 bn (retail) 5 Lakshmi Mittal, India, $23. 5 bn (steel) 6 Paul Allen, US, $22 bn (IT/investment) 7 Bernard Arnault, France, $21. 5 bn (luxury goods) 8 Prince Alwaleed bin Talal Alsaud, Saudi Arabia, $20 bn (investment) o 9 Kenneth Thomson, Canada, $19. 6 bn (publishing) o 10 Li Ka-shing, Hong Kong, $18. 8 bn (diversified investment)
BILLIONAIRES o New York – 40 billionaires. o Moscow – 25. o London – 23. Of the 23 billionaires in London, only 12 are British. The rest come from abroad.
The creators of internet search engine Google Sergey Brin and Larry Page joined the list in 2006
Billionaires in London o Lakshmi Mittal, 55. Worth $23. 5 billion (£ 12. 27 billion). Indian. Oversees world’s largest steel company o Roman Abramovich, 39. Worth $18. 2 billion (£ 9. 5 billion). Russian. Oil, aluminium, land o Leonard Blavatnik, 48. Worth $5 billion (£ 2. 6 billion). Russian. Oil, plastics, Warner Music o Charlene de Carvalho-Heineken, 51. Worth $5 billion (£ 2. 6 billion). Dutch. Inherited 25 per cent stake in Dutch brewer in 2002.
Upper class as a power elite o The power which the ownership of property confers is out of all proportion to the size of a dominant class. o Economic power is a basis of political power.
BOURGEOISIE IN POST-SOCIALIST COUNTRIES
Ways of the primary accumulation of the capital o From above: through privatization. o From below: through accumulation of capital in small business.
OLIGARCHY o Big business. o It is originated from the distribution of state property. o It is a ‘power behind the throne’.
Russian Billionares o 2005 – 18 o 2006 – 25 o 2009 - 32
2010
Alexei Mordashov. Age: 38 Net Worth: $4, 500 mil Source: metals, transport Company: Severstal Group
Vagit Alekperov Age: 53 Net Worth: $3, 900 mil Source: oil Company: Lukoil
Oleg Deripaska Age: 36 Net Worth: $4, 500 mil Source: metals Company: Russian Aluminum
Vladimir Lisin Age: 48 Net Worth: $4, 800 mil Source: metals Company: Novolipetsk Metallurgical
Mikhail Fridman Age: 40 Net Worth: $5, 200 mil Source: oil, telecommunications Company: Alfa-Group
Vladimir Potanin Age: 43 Net Worth: $5, 400 mil Source: metals Company: Norilsk Nickel
Roman Abramovich Age: 37 Net Worth: $12, 500 mil Source: oil, metals Company: Sibneft, Russian Aluminum
Mikhail Khodorkovsky Age: 40 Net Worth: $15, 200 mil Source: oil Company: Yukosmore on Mikhail Khodorkovsky >
The Bourgeoisie -Title.ppt