Following on from last week’s discussion of global poverty, The Provocateur turns its attention to the other end of the social scale: the super-rich, who have often been neglected in sociological studies of inequality. In Russia as in other post-Communist countries, capitalism is a relatively new phenomenon, creating in some cases a backlash from older Soviet-born generations against the burgeoning rise of mass consumption. Philanthropy is also becoming trendy among Russian multi-millionaires and billionaires, apparently in response to major disparities in income and wealth.
In this installment of The Provocateur I talk to Elisabeth Schimpfössl, a Leverhulme Early Career Fellow in the School of Slavonic and East European Studies at UCL, about her intriguing work researching the lives of Russia’s 0.1%. We discuss the historical context of Russian inequality in the Soviet and post-Soviet periods, before zooming in on the super-rich themselves. We investigate the gendered dynamics of Russian elites, their attitudes to the current regime and their motivations for charitable giving. Towards the end of the episode we also explore the future of Russian politics and the viability of comparisons with another highly oil-dependent country, Venezuela.
There is rarely a moment when house prices are not in the news and many working people can relate to the experience of buying that first house. Housing can be incredibly personal because it reflects to some extent your lifestyle and life choices, but it also serves as a marker of social status. The difference between living in a council flat and living in a semi-detached house with a garden and a garage tells you many things about differences in income, wealth and class. But the differences in size of living space between the council flat and the semi-detached could also be important because they impact on your sense of subjective happiness. This clearly has implications for urban planning but also for other areas of public policy such as health, education and social care.
This week on The Provocateur I talk to Chris Foye, who has just completed his PhD in Real Estate and Planning at Henley Business School at the University of Reading, to explore the relationship between housing and happiness. Among other things, we discuss the reasons why it is important to examine the relationship in the first place, the difficulty of measuring people’s happiness or subjective well-being and why home ownership is so popular in the UK.