Bites of Inequality – Sascha Münnich
Stratification and embedded markets. Patterns and legitimacy of primary inequality: The presentation highlights how the social foundations of markets determine who benefits, who does not — and why primary inequality persists.
The presentation of Sascha Münnich focuses on the social, cultural and political dimensions of the primary distribution of profits and economic value in markets. Behind the economic value of companies, which account for a large part of private wealth in capitalist market economies, is a complex structure of potential profits, which depends not only on classical economic factors such as cost structures, market power and production techniques, but also on the social integration of a company in networks, institutions and symbolic orders. By applying a reformulated concept of profit as a social pension, the presentation opens up new approaches for empirical research on distribution patterns in markets and conceptual connections between primary and secondary inequality in welfare capitalism.
About the series:
Bites of Inequality is a midday panel discussion by the LMU Institute of Sociology in cooperation with the ISI, which brings together science and the public in an open format. The focus is on current research on social inequality, presented and discussed in an accessible form.
The talks take place on Tuesdays from 12:15pm to 1:45pm in the new premises of ISI, Ohmstraße 8.
The series is in LSF under Comparative Stratification Research (event number 15222) recorded.
A participation in Bites of Inequality Although it is also via Zoom possible, but it is reserved for those who really can't be there. The spirit of the event depends on personal exchange and direct encounter — we are all the more pleased if you experience this together with us on site.