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2021 | OriginalPaper | Chapter

2. The Rise of the Rentier Class and Widening Social Inequalities

Authors : Balihar Sanghera, Elmira Satybaldieva

Published in: Rentier Capitalism and Its Discontents

Publisher: Springer International Publishing

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Abstract

This chapter discusses two key aspects of neoliberalism: rentierism and economic inequalities. The first part of the chapter provides some details of the different forms of rent in Central Asia, and the assets of the richest individuals in Kazakhstan and Kyrgyzstan that facilitated rent extraction. Business elites often merged with political elites to create plutocracy. The second part examines the nature of income and wealth inequalities in the region. It also explores the hardship and misery associated with the commodification of basic goods and services.

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previous chapter Introduction
next chapter Moral Economy, the State and Social Movements
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Metadata
Title
The Rise of the Rentier Class and Widening Social Inequalities
Authors
Balihar Sanghera
Elmira Satybaldieva
Copyright Year
2021
Book
Rentier Capitalism and Its Discontents

Print ISBN: 978-3-030-76302-2

Electronic ISBN: 978-3-030-76303-9

Copyright Year: 2021

DOI
https://doi.org/10.1007/978-3-030-76303-9_2

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