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    Rights statement: The final, definitive version of this article has been published in the Journal, Environment and Planning A, ? (?), 2020, © SAGE Publications Ltd, 2020 by SAGE Publications Ltd at the Environment and Planning A page: https://journals.sagepub.com/home/EPN on SAGE Journals Online: http://journals.sagepub.com/

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Rentiership, 'improperty', and moral economy

Research output: Contribution to Journal/Magazine › Journal article › peer-review

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Rentiership, 'improperty', and moral economy. / Sayer, Andrew.
In: Environment and Planning A, Vol. 55, No. 6, 30.09.2023, p. 1471-1484.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Sayer, A 2023, 'Rentiership, 'improperty', and moral economy', Environment and Planning A, vol. 55, no. 6, pp. 1471-1484. https://doi.org/10.1177/0308518X20908287

APA

Sayer, A. (2023). Rentiership, 'improperty', and moral economy. Environment and Planning A, 55(6), 1471-1484. https://doi.org/10.1177/0308518X20908287

Vancouver

Sayer A. Rentiership, 'improperty', and moral economy. Environment and Planning A. 2023 Sept 30;55(6):1471-1484. Epub 2020 Feb 14. doi: 10.1177/0308518X20908287

Author

Sayer, Andrew. / Rentiership, 'improperty', and moral economy. In: Environment and Planning A. 2023 ; Vol. 55, No. 6. pp. 1471-1484.

Bibtex

@article{265e3cebe11943c7862f35e32285c6fb,
title = "Rentiership, 'improperty', and moral economy",
abstract = "The rentier economy is not only dysfunctional but unjust. In this paper I use a moral economic approach to defend this proposition by going back to basic concepts. Drawing upon classical political economic theory and political theory, and the work of Hobson and Tawney and more recent theorists, I propose a set of complementary distinctions that deepen understanding of rentiership: earned and unearned income; wealth-creating and wealth-extracting investment; property and improperty. I then comment on the relations, similarities and differences between capitalists and rentiers. Next I review the changing relation between critiques of rentiership and notions of {\textquoteleft}free markets{\textquoteright} and {\textquoteleft}property-owning democracy{\textquoteright} in the history of capitalism, with particular emphasis on the relation of neoliberalism to rent-seeking. Finally, I briefly discuss the implications of rentiership for reducing inequality and averting global heating.",
keywords = "rentier, improperty, unearned income, investment, politics, property-owning democracy, Improperty, moral economy, rentiership",
author = "Andrew Sayer",
year = "2023",
month = sep,
day = "30",
doi = "10.1177/0308518X20908287",
language = "English",
volume = "55",
pages = "1471--1484",
journal = "Environment and Planning A",
issn = "0308-518X",
publisher = "SAGE PUBLICATIONS INC",
number = "6",

}

RIS

TY - JOUR

T1 - Rentiership, 'improperty', and moral economy

AU - Sayer, Andrew

PY - 2023/9/30

Y1 - 2023/9/30

N2 - The rentier economy is not only dysfunctional but unjust. In this paper I use a moral economic approach to defend this proposition by going back to basic concepts. Drawing upon classical political economic theory and political theory, and the work of Hobson and Tawney and more recent theorists, I propose a set of complementary distinctions that deepen understanding of rentiership: earned and unearned income; wealth-creating and wealth-extracting investment; property and improperty. I then comment on the relations, similarities and differences between capitalists and rentiers. Next I review the changing relation between critiques of rentiership and notions of ‘free markets’ and ‘property-owning democracy’ in the history of capitalism, with particular emphasis on the relation of neoliberalism to rent-seeking. Finally, I briefly discuss the implications of rentiership for reducing inequality and averting global heating.

AB - The rentier economy is not only dysfunctional but unjust. In this paper I use a moral economic approach to defend this proposition by going back to basic concepts. Drawing upon classical political economic theory and political theory, and the work of Hobson and Tawney and more recent theorists, I propose a set of complementary distinctions that deepen understanding of rentiership: earned and unearned income; wealth-creating and wealth-extracting investment; property and improperty. I then comment on the relations, similarities and differences between capitalists and rentiers. Next I review the changing relation between critiques of rentiership and notions of ‘free markets’ and ‘property-owning democracy’ in the history of capitalism, with particular emphasis on the relation of neoliberalism to rent-seeking. Finally, I briefly discuss the implications of rentiership for reducing inequality and averting global heating.

KW - rentier

KW - improperty

KW - unearned income

KW - investment

KW - politics

KW - property-owning democracy

KW - Improperty

KW - moral economy

KW - rentiership

U2 - 10.1177/0308518X20908287

DO - 10.1177/0308518X20908287

M3 - Journal article

VL - 55

SP - 1471

EP - 1484

JO - Environment and Planning A

JF - Environment and Planning A

SN - 0308-518X

IS - 6

ER -