Nowhere is this divergence starker, Christophers shows, than in the United Kingdom, where the prototypical ills of rentier capitalism - vast inequalities combined with entrenched economic stagnation - are on full display and have led the country inexorably to the precipice of Brexit. If a small elite owns today’s economy, everybody else foots the bill. Brett Christophers styles this as ‘rentier capitalism’, in which ownership of key types of scarce assets - such as land, intellectual property, natural resources, or digital platforms - is all-important and dominated by a few unfathomably wealthy companies and individuals: rentiers. In this landmark book, the author of The New Enclosure provides a forensic examination and sweeping critique of early-twenty-first-century capitalism.
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