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Capital and the Family.

Jens Beckert1, Isabell Stamm1,2

  • 1Max-Planck-Institute for the Study of Societies, Cologne, Germany.

The British Journal of Sociology
|July 27, 2025
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Summary
This summary is machine-generated.

Capital and families intertwine through ownership across generations, addressing wealth concentration and social inequality in contemporary capitalism. This research explores these crucial links.

Keywords:
assetscapitalfamilyownershipwealth

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Area of Science:

  • Socio-economics
  • Family Studies
  • Political Economy

Background:

  • Contemporary capitalism features complex interrelations between capital and family structures.
  • Understanding these links is crucial for analyzing wealth perpetuation and economic systems.

Purpose of the Study:

  • To investigate the interconnectedness of capital and family within contemporary capitalism.
  • To analyze how generational capital ownership shapes family dynamics and economic processes.
  • To examine the social inequalities arising from family-centered ownership and explore alternatives.

Main Methods:

  • Conceptual analysis of ownership relations.
  • Examination of intergenerational capital transfer mechanisms.
  • Socio-economic and political economy theoretical frameworks.

Main Results:

  • Capital and family are interconnected through ownership relations, bridging generational divides.
  • Family-centered capital ownership influences family structures, practices, and economic activities.
  • These relations contribute to wealth concentration and social inequality.

Conclusions:

  • Generational capital ownership is a key mechanism in contemporary capitalism, linking family and finance.
  • Family-centric ownership perpetuates wealth and shapes political economies, leading to social stratification.
  • Exploring alternatives to current family-centered owning relations is essential for addressing inequality.