Rachel Sherman, Associate Professor of Sociology, HCCS Faculty Fellow & Director of Graduate Studies at Sociology Department at The New School for Social Research, based on research among New Yorkers in the “1 percent”, uncovers the ways they understand and legitimize their wealth, in part through distinguishing their situation from other people of means who may not be “deserving.” Being legitimately “entitled” to affluence, according to the affluent, is based on a set of personal qualities with little reference to broader structural dimensions of inequality.
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