By Michel Pincon & Monique Pincon-Charlot
ISBN-10: 0964607352
ISBN-13: 9780964607354
ISBN-10: 189294118X
ISBN-13: 9781892941183
Going again for generations, the fortunes of significant households encompass way over money-they also are symbols of tradition and social interplay. they're on the center of dense kinfolk and extra-family networks, of foreign coalitions and divisions. The authors elucidate the equipment of accumulation and the mockingly quasi-collective nature of personal fortunes.
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Extra info for Grand Fortunes. Dynasties and Forms of Wealth in France
Sample text
Not all of them are represented among the greatest fortunes. But all share the Page 12 characteristic of having been wealthy for several generations and having known how to transmit their heritage and to reproduce their social rank. More than one hundred people were interviewed, sometimes for prolonged discussions, and not all could be cited here. But all these interviews enriched our work; they permitted us to internalize the reality that they described. These discussions have been complemented by large amounts of documentation, using available statistical data, and performing original calculations.
Today this collective heritage is in ruins. This is the result of a long process of disaffiliation, as Robert Castel wrotethe result of a negative course during which the anchors of society are broken 1. At the antipodes of this social and human disaster are the great families, those of the monied aristocracy and the haute bourgeoisiea veritable confraternity, an association of shared interests which does not rule out some secondary contradictions but which essentially assures the solidarity of the group.
Decile 1 corresponds to the 10% of households that possess the smallest patrimonies, Decile 10 to the wealthiest 10% of households. Page 24 easily by the lists of the richest people in France. While others skirmish for first place, a relative mass of established fortunes, less spectacular but still quite respectable, quietly live out their happy days. Inheritance creates over time that which the concentration of fortunes creates in the social space. This concentration permits the existence of a network that unifies high society; inheritance allows lineages to build themselves by relying on the permanence, in fact the enrichment of heritages.
Grand Fortunes. Dynasties and Forms of Wealth in France by Michel Pincon & Monique Pincon-Charlot
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