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While the concept of a 'financial elite' has become prominent within politics and the social sciences, it is not clear what value it holds for the analysis of inequalities of income, wealth and power under financial capitalism. Who are the financial elite, and what distinguishes them from other economically powerful groups? We delineate 'distributive', 'categorical' and 'relational' approaches to financial elites, arguing that various unresolved tensions have hampered clarification of the differentia specifica of the concept, and blunted its normative significance. We develop a new concept of financial elites that combines insights from elite studies and financialisation studies. We argue that the financial elite possess not only high incomes, but income primarily derived from 'rentier' channels, as endowed by the institutional structures of financialisation. Financial elites demonstrate the capacity not only to capitalise on these new accumulation channels, but to shape the institutional and regulatory landscapes in which they operate. [ABSTRACT FROM AUTHOR]

To understand inequality in the post-Good Friday Agreement (post-GFA) period, we must understand how inequality in Northern Ireland has been subject to stressors long acknowledged in the international literature, though seldom considered in this context. These 'new' stressors include destandardization, retrenchment, and financialization, which have largely replaced the class and employment differentials that characterised 20th century inequality. We explore the specific experience of inequality in Northern Ireland since Good Friday. In doing so, we contextualise its experience by detailing important structural and institutional changes over this time, explaining how they work in the unique socioeconomic context of post-GFA Northern Ireland. [ABSTRACT FROM AUTHOR]

This article provides a critical reading of the 2021 Census of Population in Northern Ireland. A close examination of the available data on religion and nationality leads us to suggest that the Census provides a distorted portrait of Northern Irish society in two crucial, and connected, senses. First, the operation of the Census creates incentives for many residents to identify in ethnoreligious terms who might not ordinarily do so. Second, the forms of inter-communal competition generated by the decennial poll serve to obscure the degree of cultural diversity that exists in an increasingly secular society. [ABSTRACT FROM AUTHOR]

Marx's writings on Ireland are widely known, but less appreciated is their centrality to the formation of his ecological thought. We show how Marx's understanding of metabolic rift evolved in line with his writings on colonial Ireland, revealing a concept more holistic than the "classic" metabolic rift of the soil. We recover and extend this concept to the corporeal metabolic rift, showing how both are inherent in Marx's various writings on Ireland. Whilst the rift of the soil concerns the extraction and consumption of organic soil constituents, the corporeal rift describes processes of depopulation, and their effects on demography and family formation. These "rifted" processes are interconnected such that depleted soil impacts on the health of those who consume food grown on those "rifted" soils. We argue that the presence of these rifts substantiates Ireland's inability to sustain itself both economically and organically, which determined its persistent post‐Famine underdevelopment. [ABSTRACT FROM AUTHOR]

This paper deals with two principal questions, drawing closely on the experience of Ireland. First, it addresses a deficit in our knowledge of resource governance institutions and land tenure systems as moderators of the impact of famine. We have known for some time of the extent of common‐pool resource systems in districts of 19th‐century Ireland and wider Europe, but their role in determining levels of ecological risk exposure is less understood. Knowing that both food insecurity and common tenancy were higher in marginal Irish districts, this represents a gap in our understanding of the geographical impact of the Great Irish Famine. Second, although current thinking on common‐pool resource governance suggests that such systems were potentially robust to ecological stress, why did this not translate into greater resilience in Ireland? To make sense of this contradiction, we must consider both the local behaviour of ecological stressors and wider context of Irish colonialism. Using local clustering analysis and geographically weighted regression, we see how the impact of key stressors varied geographically. These findings suggest that analyses of the role of common‐pool resource governance in conferring ecological resilience must be tempered with a fuller appreciation of geopolitical context. [ABSTRACT FROM AUTHOR]

The share of national income going to workers has decreased steadily across Europe since the 1980s. This apparently uniform decrease in labour's share conceals differences amongst states however—in 'liberal' Ireland, this fall has been drastic, while that of 'social democratic' Denmark has been moderate. This article presents a parallel time series analysis of institutional and structural factors shaping labour's share in Ireland and Denmark. Our results show that factors common to the study of variation in labour's share operate in different ways in different countries, both in magnitude and causal mechanism. We find that stressors such as global trade, foreign investment and high-tech growth produce different effects in each location. Equally, protections such as unionization, leftist cabinets and welfare spending display contradictory effects in both locations. We conclude that 'power resource' models of labour share should be supplemented with comparative approaches that emphasize how institutionalized socio-political logics mediate returns to labour. [ABSTRACT FROM AUTHOR]

With financialization now acknowledged as one of the most potent threats to income equality, can finance-driven inequality be explained by a singular causal argument? Taking the case of top incomes across the OECD, this paper addresses the standard causal narrative of finance-driven inequality, where rising top income inequality is explained as a function of deregulation, financial sector growth, and a parallel weakening of the role of trade unions and the government. Applying fuzzy-set Qualitative Comparative Analysis (fsQCA) to a time-series dataset (1975-2005), it assesses the ways in which configurations of institutions combined in different ways prior to the recent financial crisis, to create policy contexts conducive to top income growth. It does this by adopting a time-series approach to QCA, involving calibration and analysis of data at three successive historical waves. Results suggest that top incomes in the era of finance-driven capitalism were subject to a diversity of causal paths which generated similar outcomes in different contexts, in a manner which departs substantially from the standard narrative. In doing so, it elaborates on the application of time-series approaches to case-based analysis, and uses its results to discuss the ways in which institutions may combine in different ways to generate similar, or divergent outcomes. [ABSTRACT FROM AUTHOR]

The rundale system has held a certain fascination for Irish geographers and historians due to its prevalence in the cartographic record and comparative absence from historical record. As a system of cultivation and landholding characterised by share allocation through collective governance, popular conflicting accounts have interpreted it both as a functional adaptation to the ‘ecological niche’ of the Irish Western Seaboard or, controversially, as a modern survival of an archaic mode of production of great antiquity. To date, little attempt has been made to impose conceptual clarity on the rundale system, and agreement on its essential characteristics is absent. Beginning with an overview of the current state of knowledge, this article presents a critical assessment of the manner in which rundale has been conceptualised, and the dominant methodologies employed in its study. This assessment reveals a number of features and mechanisms which researchers have identified as its defining characteristics. As a result, many have tended to present it as the product of singular ‘prime movers’ such as its unique demography, or to characterise it in strictly spatial terms as a morphological oddity. Following this critical appraisal, and drawing upon recent works in resilience ecology, an alternative model of rundale is presented in terms of its institutional, spatial, and historical complexity. This model suggests that the rundale system be defined as a configuration of spatial and social-structural characteristics, varying according to place and time. [ABSTRACT FROM AUTHOR]

This article examines the impact of financialization on the income shares of the top 1% from 1990 to 2010, through a panel analysis of 14 OECD countries. Drawing together literatures stressing the dependence of income inequality on the structural bargaining power of capital relative to labour, and of the dependence of accumulation on underlying institutionalized modes of state regulation, it shows that financialization has significantly enhanced top income shares net of underlying controls. Whilst the income shares of the top 1% appear responsive to variables typical of wider studies of personal income inequality, we emphasize distinctive mechanisms of top income growth linked to the rising dominance of financial instruments and actors, facilitated by a historically specific regulatory order. These conditions were key to the emergence of a state of 'asymmetric bargaining' which disproportionately enhanced the fortunes of the wealthy. Results thus emphasize the importance of class-biased power resources and underlying regulatory structures, as determinants both of income concentration and of the distribution of economic rewards beyond growth capacity alone. [ABSTRACT FROM AUTHOR]

Explanations for the causes of famine and food insecurity often reside at a high level of aggregation or abstraction. Popular models within famine studies have often emphasised the role of prime movers such as population stress, or the political-economic structure of access channels, as key determinants of food security. Explanation typically resides at the macro level, obscuring the presence of substantial within-country differences in the manner in which such stressors operate. This study offers an alternative approach to analyse the uneven nature of food security, drawing on the Great Irish famine of 1845–1852. Ireland is often viewed as a classical case of Malthusian stress, whereby population outstripped food supply under a pre-famine demographic regime of expanded fertility. Many have also pointed to Ireland's integration with capitalist markets through its colonial relationship with the British state, and country-wide system of landlordism, as key determinants of local agricultural activity. Such models are misguided, ignoring both substantial complexities in regional demography, and the continuity of non-capitalistic, communal modes of land management long into the nineteenth century. Drawing on resilience ecology and complexity theory, this paper subjects a set of aggregate data on pre-famine Ireland to an optimisation clustering procedure, in order to discern the potential presence of distinctive social–ecological regimes. Based on measures of demography, social structure, geography, and land tenure, this typology reveals substantial internal variation in regional social–ecological structure, and vastly differing levels of distress during the peak famine months. This exercise calls into question the validity of accounts which emphasise uniformity of structure, by revealing a variety of regional regimes, which profoundly mediated local conditions of food security. Future research should therefore consider the potential presence of internal variations in resilience and risk exposure, rather than seeking to characterise cases based on singular macro-dynamics and stressors alone. [ABSTRACT FROM AUTHOR]

This commentary examines two principal forms of inequality and their evolution since the 1960s: the division of national income between capital and labour, and the share of total income held by the top 1 per cent of earners. Trends are linked to current discussions of inequality drivers such as financialisation, and a brief time-series analysis of the effects of trade and financial sector growth on top incomes is presented. [ABSTRACT FROM AUTHOR]

Drawing upon recent reworkings of world systems theory and Marx's concept of metabolic rift, this paper attempts to ground early nineteenth-century Ireland more clearly within these metanarratives, which take the historical-ecological dynamics of the development of capitalism as their point of departure. In order to unravel the socio-spatial complexities of Irish agricultural production throughout this time, attention must be given to the prevalence of customary legal tenure, institutions of communal governance, and their interaction with the colonial apparatus, as an essential feature of Ireland's historical geography often neglected by famine scholars. This spatially differentiated legacy of communality, embedded within a countrywide system of colonial rent, and burgeoning capitalist system of global trade, gave rise to profound regional differentiations and ecological contradictions, which became central to the distribution of distress during the Great Famine (1845-1852). Contrary to accounts which depict it as a case of discrete transition from feudalism to capitalism, Ireland's pre-famine ecology must be understood through an analysis which emphasises these socio-spatial complexities. Consequently, this structure must be conceptualised as one in which communality, colonialism, and capitalism interact dynamically, and in varying stages of development and devolution, according to space and time. [ABSTRACT FROM AUTHOR]