Abstract

Abstract This introductory chapter establishes why the study of global wealth chains is necessary for understanding how firms and elites contribute to economic growth and economic inequality in the world economy. Leonard Seabrooke and Duncan Wigan outline how the study of wealth chains is interdisciplinary, drawing on international political economy, economic sociology, economic geography, accounting, economic anthropology, and law. This interdisciplinarity is useful in helping to distinguish value and wealth, as well as why the firm differs from the corporation. The editors stress the importance of using ideal types to trace asset strategies and outline the wealth chain types that deliberately mirror scholarship on global value chains. The editors highlight the contributions in the book and how they illuminate the relationship between asset strategies and identifying types of wealth chains.

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