 Elite persistence and inequality in the Danish West Indies, 1760–1914Stefania Galli, Dimitrios Theodoridis and Klas Rönnbäck Explorations in Economic History, 2024, vol. 94, issue C Abstract: The issue of how elites as a social group form, maintain their position, and influence the society they control is central to the debate on inequality. This paper studies one of the most extremely unequal societies ever recorded — the sugar-based economies in the West Indies — by focusing on the island of St. Croix in the Danish West Indies and examines the emergence and persistence of its economic elite. The study relies on a novel dataset that covers the entire population of the island over 154 years, allowing for a long-run analysis of elite persistence and the effects of significant economic, institutional, and social changes. Our study shows that elite persistence remained high in global comparison throughout the period of interest, despite several 'critical junctures'. These junctures only had a temporary effect. We contend that this result can be attributed to three mechanisms of persistence: inheritance, institutional co-optation and limited franchise. Finally, we find that although the Crucian elite maintained its relative standing, it came at the cost of severe impoverishment in absolute terms. Keywords: Inequality; Wealth; Persistence; Elites; Caribbean; Slavery (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:exehis:v:94:y:2024:i:c:s0014498324000627 DOI: 10.1016/j.eeh.2024.101636 Access Statistics for this article Explorations in Economic History is currently edited by R.H. Steckel More articles in Explorations in Economic History from Elsevier |
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