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This paper investigates a new approach to understanding personal and functional income distribution. I propose that hierarchical power - the command of subordinates in a hierarchy - is what distinguishes the rich from the poor and capitalists from workers. Specifically, I hypothesize that...
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greater control over subordinates, I hypothesize, that explains the income and class of the very rich. I test this idea using … portion of their income. This suggests that among CEOs, both income size and income class relate to hierarchical power. I then … plausible. Using this model, I infer the relation between income size, income class, and hierarchical power among the US public …
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