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"Over the past several decades and increasingly since the beginning of the pandemic, second homeowners have left a distinctive mark across both rural and urban America. As wealthy elites reallocate capital into housing investments other than their primary residence, they extend the breadth of their influence to places as different as the backwoods of northern Maine and the cobblestone streets of Beacon Hill. Across these varied geographies, the purchase of second homes has become a social problem, placing pressure on housing markets, igniting political tensions, and putting strain on local community dynamics. While this movement of capital may be in part motivated by financial returns, this alone cannot fully explain what motivates second homeowners, nor does it capture the depth of their influence. Privileging Place examines how place-identity-which is to say, a felt identification with a particular kind of place-leads many affluent people to shift a portion of their capital and their lives to a new place and to exert an influence on that place in a particular way. Drawing on interviews with over sixty second homeowners as well as community observations from two years of field research in Rangeley, Maine, and Boston, Massachusetts, Meaghan Stiman looks at the ways in which place-identity motivates the movements of a particular subset of second homeowners, namely, the upper-middle class. Belonging to the top 20% of American income earners, these second-home buyers are predominantly white and tend to concentrate their wealth in suburbs and other affluent, resource-rich areas. In Privileging Place, Stiman shows that, for the upper-middle class, second home ownership is a way to promote an identity for themselves through the place where they buy their second home (whether rural or urban). But because these projects are second homes, developed on the side while still holding onto the valued resources of their suburban primary residences, Stiman argues that such place-identity projects rely on further deepening inequalities in urban and rural places. To the second homeowners, these are not places to work, go to school, or contribute to community life, but are places to imagine a version of themselves as urban or rural people and to imprint their version of urban or rural life onto the community where they live part-time. By tracing the way upper-middle class values and practices unfold between secondary city and country homes and their suburban hometowns, this book offers a detailed look into the spatial concentration and diffusion of white, upper-middle class privileges in the United States"--
The ultra-elite private schools, the super schools; places where the resources, the curriculum and the tuition are comparable to the best liberal arts colleges. These are schools where lineage is a factor in the admission process. These are not schools for those who can afford better, they are schools for those who can afford only the very best. These are places of privilege. Rarely do they include black students. In the 1960's, they almost never did. In New York, the crown jewel place of privilege is The Dalton School; one of the most prestigious, elite prep schools in the nation, recognized globally for its visionary progressive educational philosophy and its ultra-wealthy, celebrity student body. Dalton is where Anderson Cooper was a student, Jeffrey Epstein was a teacher and Robert Redford and Bob Fosse were members of the PTA. In the mid-1960s, Dalton reached out to previously unfamiliar communities and for the first time actively recruited minority students. Mark and Ray are among the very first young Black men to attend Dalton. "Place Of Privilege" provides the remarkable narrative of the pathfinder courses their lives would take. This is the story of how Dalton changed their lives forever, and how their presence changed Dalton forever.
In the first analytical study of where the American upper-class lives and vacations, Stephen R. Higley explores the ways in which upper-class residential places are created and maintained. Drawing on the Social Register as a main source of data, Higley examines the intersection of class, status, and geography, and demonstrates the ways in which physical proximity solidifies upper-class consciousness.
When the euro was introduced in 1998, one objective was to create an alternative global reserve currency that would grant benefits to euro area countries similar to the U.S. dollar’s “exorbitant privliege”: i.e., a boost to the perceived quality of euro denominated assets that would increase demand for such assets and reduce euro area members’ funding costs. This paper uses risk perceptions as revelaed in investor surveys to extract a measure of privilege asscociated with euro membership, and traces its evolution over time. It finds that in the 2000s, euro area assets benefited indeed from a significant perceptions premium. While this premium disappeared in the wake of the euro crisis, it has recently returned, although at a reduced size. The paper also produces time-varying estimates of the weights that investors place on macro-economic fundmentals in their assessments of country risk. It finds that the weights of public debt, the current account and real growth increased considerably during the euro crisis, and that these shifts have remained in place even after the immediate financial stress subsided.
Geographies of Privilege brings together an interdisciplinary group of scholars with a worldwide focus to reveal the nature of privilege on a global scale. The chapters examine privilege through a relational lens by showing the tension that exists between privileged (elite) and unprivileged (degraded) spaces. By including of persons and groups that are negatively affected by privileged practice, this book makes privilege studies more accessible to students who do not feel privileged.
Parliamentary privilege ensures that Members of Parliament are able to speak freely in debates, and protects Parliament's internal affairs from interference from the courts. Following (failed) attempts by some MPs to use parliamentary privilege to avoid prosecution for expenses fraud, the Government felt the time was right for a comprehensive review of the privileges of Parliament. Freedom of speech is arguably the most important privilege: a member must be able to speak or raise a matter without fear of a criminal or civil liability. The Government does not feel it necessary to change the protection of privilege in civil cases, nor in relation to injunctions or super-injunctions. But it is open to question whether parliamentary privilege should ever prevent members being successfully prosecuted for criminal offences. The paper consults on whether privilege should be disapplied in cases of alleged criminality, though not in respect of speeches in Parliament. The second major privilege is that of exclusive cognisance: the right of each House to regulate its own proceedings and internal affairs without interference from any outside body including the courts. This includes the conduct of its Members, and of other participants such as witnesses before select committees. Recent court judgments make clear that statute law on employment, health and safety etc do apply to Parliament providing the law would not interfere with Parliament's core functions. The green paper also consults on extending and strengthening select committee powers. A final section covers other miscellaneous privileges.
This book introduces major agent platforms, frameworks, systems, tools, and applications. Each system is described by their developers in sufficient detail so that the reader can get a good understanding of the architecture, functionality, and application areas of the system. All systems are running systems. One main focus of the book lies on agent platforms and toolkits.
An inside look at how one of the country’s most elite private schools prepares its students for success As one of the most prestigious high schools in the nation, St. Paul's School in Concord, New Hampshire, has long been the exclusive domain of America's wealthiest sons. But times have changed. Today, a new elite of boys and girls is being molded at St. Paul's, one that reflects the hope of openness but also the persistence of inequality. In Privilege, Shamus Khan returns to his alma mater to provide an inside look at an institution that has been the private realm of the elite for the past 150 years. He shows that St. Paul's students continue to learn what they always have—how to embody privilege. Yet, while students once leveraged the trappings of upper-class entitlement, family connections, and high culture, current St. Paul's students learn to succeed in a more diverse environment. To be the future leaders of a more democratic world, they must be at ease with everything from highbrow art to everyday life—from Beowulf to Jaws—and view hierarchies as ladders to scale. Through deft portrayals of the relationships among students, faculty, and staff, Khan shows how members of the new elite face the opening of society while still preserving the advantages that allow them to rule.
Drawing on a range of theoretical perspectives and engaging with new empirical evidence from around the world, this collection examines how privilege, agency and affect are linked, and where possibilities for social change might lie.