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Sociology and political science in the patrimonial society: implications of Piketty's Capital

Author

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  • François Bonnet

    (PACTE - Pacte, Laboratoire de sciences sociales - UPMF - Université Pierre Mendès France - Grenoble 2 - UJF - Université Joseph Fourier - Grenoble 1 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble - CNRS - Centre National de la Recherche Scientifique)

  • Clément Théry

    (Columbia University [New York])

Abstract

What are the implications of Piketty's Capital for sociology and political science? Capital's argument focuses on the evolution of the r/g ratio (capital returns over growth rate) and outlines two modes of economic inequalities. One is characteristic of affluent (g > r) societies and the other is characteristic of patrimonial (r > g) societies. With the current return to a patrimonial society, corporations become political actors; occupational status and education's relevance are declining; the meaning of poverty is transformed, and welfare and punishment become interdependent means to social order; in politics, elitist theories gain traction; immigration is less about assimilation, and more about transnationalism and nationalist politics. We show that some theories are more relevant in an affluent society, and others are more adequate to a patrimonial society.

Suggested Citation

  • François Bonnet & Clément Théry, 2014. "Sociology and political science in the patrimonial society: implications of Piketty's Capital," Working Papers halshs-01060570, HAL.
    • Handle: RePEc:hal:wpaper:halshs-01060570
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01060570
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    References listed on IDEAS

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    1. Gary S. Becker, 1962. "Investment in Human Capital: A Theoretical Analysis," NBER Chapters, in: Investment in Human Beings, pages 9-49, National Bureau of Economic Research, Inc.
    2. Gerald F. Davis, 2013. "After the Corporation," Politics & Society, , vol. 41(2), pages 283-308, June.
    3. Varadarajan, Latha, 2010. "The Domestic Abroad: Diasporas in International Relations," OUP Catalogue, Oxford University Press, number 9780199733910.
    4. Häusermann, Silja & Picot, Georg & Geering, Dominik, 2013. "Review Article: Rethinking Party Politics and the Welfare State – Recent Advances in the Literature," British Journal of Political Science, Cambridge University Press, vol. 43(1), pages 221-240, January.
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    Cited by:

    1. Estrada, Fernando, 2015. "Antinomies de Le Capital au XXIe siècle [Antinomies of Capital in the 21st Century]," MPRA Paper 61126, University Library of Munich, Germany.

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    Keywords

    inequality; capitalism; corporate governance; education; social structure; power;
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