Transmitting Inequality: Wealth and the American Family [Mīkstie vāki]

This book is a welcome and important contribution to the stratification literature. Elmelech introduces an original conceptual framework for the study of stratification and inequality by delineating the social mechanisms underlying the causal relations between parental wealth and children economic wellbeing. By so doing, Elmelech expands the scope of stratification research from exclusive focus on labor market outcomes to the impact of family resources and family wealth on economic wellbeing. Transmitting Inequality thus, is a must for students of stratification and inequality. -- Moshe Semyonov, Tel-Aviv Univeristy Elmelech...weaves a complex, comprehensive narrative....Recommended. * CHOICE, November 2008 * This book is a profound and important contribution to stratification theory. Elmelech demonstrates how inequality in family wealth cascades through the components of life chances and living standards. He convincingly argues that our formulations of social class must be broadened to include considerations of net worth and asset types. -- Seymour Spilerman, Julian C. Levi, Professor of Sociology and Co-Director, Center for the Study of Wealth and Inequality, Columbia University