scholarly journals Dynasties in the making: Family wealth and inheritance for the first-generation ultra-wealthy and their wealth managers

2021 ◽  
pp. 003802612110619
Author(s):  
Katie Higgins
Keyword(s):  
First Generation ◽  
Next Generation ◽  
Structured Interviews ◽  
Family Wealth ◽  
Inherited Wealth ◽  
Commercial Value ◽  
Economic Inequalities

The inheritance practices of the ultra-wealthy play a key role in reproducing socio-economic inequalities across generations. Given this role, we need a better understanding of the individuals and families who own, accumulate and pass on substantial amounts of wealth. This article asks two questions: first, how do parents with profound ownership or control over capital reconcile cultivating dynastic wealth with beliefs in meritocratic achievement? And, second, how do wealth managers justify their commercial value to first generation wealthy clients? The answer to both of these questions involves what I call a pedagogy of inherited wealth. Drawing on semi-structured interviews with first-generation ultra-wealthy parents and their wealth managers, it documents how wealthy parents and wealth managers construct risky futures around inheritance, and their strategies to manage those risks through the control of access to the family’s wealth. In doing so, it explores how they produce two roles, termed here the ‘good inheritor’ and the ‘good client’. Through examining various strategies to manage family wealth and inheritance, the article reveals the legitimating and enabling pedagogy surrounding this process and the paradox at the heart of this pedagogy – which promotes both the value of work among the next generation of inheritors and the preservation of dynastic wealth that will preclude their dependence on income-generating work.

The Inheritors’ Coming of Age

2018 ◽  
Author(s):  
Elisabeth Schimpfössl
Keyword(s):  
First Generation ◽  
Second Generation ◽  
Coming Of Age ◽  
Next Generation ◽  
Privileged Status ◽  
The Rich

Chapter 7 focuses on the upbringing of the second generation of the Russian bourgeoisie. As the first generation of wealthy Russians grows older, they are becoming more aware of their own mortality and are preparing to hand over their wealth to the next generation. It seems that rich Russians are yet to find a convincing narrative to justify their children’s legitimate entitlement to wealth that does not contradict their own everyday ideology of being self-made. Nevertheless, a two-pronged approach is emerging. First, in line with the shift toward new modesty, children are being encouraged to cultivate a habitus of privilege, as Sherman suggests in the case with wealthy US Americans, which makes them appear morally worthy in an environment marked by extreme inequality. Second, via their philanthropy the rich are supporting institutions and scholars in an effort to strengthen a dynamic capitalist environment in which privileged status is respected.

Identical Readers, Identical Readings?: First-Generation Twin Brothers and the Process of Constructing Textual Relevance

2018 ◽  
Vol 13 (2) ◽  
Author(s):  
Katie Sciurba
Keyword(s):  
First Generation ◽  
Literacy Education ◽  
Male Students ◽  
Adolescent Male ◽  
Student Diversity ◽  
Structured Interviews ◽  
Indian American ◽  
New Perspective ◽  
Constructing Meaning ◽  
Racial Ethnic

Abstract This study examines the ways in which a pair of identical-looking fraternal twins – first-generation Indian-American adolescent male students at a private all-boys school – construct personal meaning, or textual relevance, as readers. Semi-structured interviews with the two young men were conducted to determine the degrees to which their connections to literature were influenced by a) their racial/ethnic/cultural identities, b) their gender identities, and/or c) other aspects of their identities. The brothers’ responses, which differ significantly from one another’s and demonstrate the complexities of constructing meaning from texts, provide new perspective on how to best reach individual students – particularly students from nondominant groups. The data indicates that educators would benefit significantly from including young people’s perspectives in attempts to represent them and their identities within literacy education contexts. Ultimately, this study calls for a broadened theory of reader response – one that accounts for student diversity, within and across groups, and encourages young people to share how their worlds impact their readings of the word.

The Next Generation of Service Agreements for Publicly Owned Waste-to-Energy Facilities: Pinellas County Case Study

2007 ◽  
Author(s):  
Paul J. Stoller ◽  
Anthony LoRe ◽  
William Crellin ◽  
Robert Hauser
Keyword(s):  
First Generation ◽  
Lessons Learned ◽  
Waste To Energy ◽  
Next Generation ◽  
Procurement Process ◽  
Pinellas County ◽  
The Past ◽  
Operation And Maintenance ◽  
Service Agreement

This paper discusses one of the key lessons learned from administering the first generation of service agreements for public owners of waste-to-energy (WTE) facilities over the past 22 years and how those experiences were incorporated into a new service agreement for the operation and maintenance of Pinellas County’s 24 year old, 3,000 tpd WTE Facility to better protect the county’s interests. Additionally, a major issue raised by the operating companies during the competitive procurement process for continue operation of the facility is discussed and how that concern was addressed in the new service agreement is also presented. Capitalized words or terms used in this paper are defined within the new service agreement.

scholarly journals “It sounds like the language spoken by those living by the seaside” – language attitudes towards the local Italo-romance variety of Ghanaian immigrants in Bergamo

2018 ◽  
Vol 2018 (254) ◽  
pp. 103-120 ◽  
Author(s):  
Federica Guerini
Keyword(s):  
First Generation ◽  
Language Attitudes ◽  
Local People ◽  
Immigrant Community ◽  
Structured Interviews ◽  
Negative Attitudes ◽  
Face To Face ◽  
Ghanaian Immigrants ◽  
Linguistic Repertoire ◽  
Discourse Strategies

Abstract In this article, I focus on the position of Bergamasco, the Italo-romance variety spoken in the Province of Bergamo (Northern Italy), in the linguistic repertoire of the local Ghanaian immigrant community. I argue that Ghanaian immigrants do not speak Bergamasco since the local people refrain from speaking Bergamasco to them. Bergamasco can be regarded as a we-code (Gumperz, John. 1982. Discourse Strategies. Cambridge: Cambridge University Press.) of the indigenous community, whereas Italian – in most cases, a simplified variety of standard Italian – is the default choice when communicating with immigrants. The lack of input in combination with negative attitudes and a lack of motivation to acquire the dialect triggers a self-reinforcing dynamic, making the incorporation of Bergamasco into the linguistic repertoire of Ghanaian immigrants unlikely. Excerpts from a sample of face-to-face interactions and semi-structured interviews involving a group of first-generation Ghanaian immigrants reveal that Bergamasco tends to be perceived as a sort of “secret language” deliberately used by local people to exclude immigrants and other outsiders. This stereotype originates from and is reinforced by lack of competence on the part of the migrants, but is devoid of any foundation.

scholarly journals Prime-boost vaccination regimens with INO-4800 and INO-4802 augment and broaden immune responses against SARS-CoV-2 in nonhuman primates

2021 ◽  
Author(s):  
Jewell N Walters ◽  
Blake Schouest ◽  
Ami Patel ◽  
Emma L Reuschel ◽  
Katherine Schultheis ◽  
...  
Keyword(s):  
Dna Vaccine ◽  
Nonhuman Primates ◽  
First Generation ◽  
Rhesus Macaques ◽  
Natural Infection ◽  
Next Generation ◽  
Synthetic Dna ◽  
One Year ◽  
Global Population

The enhanced transmissibility and immune evasion associated with emerging SARS-CoV-2 variants demands the development of next-generation vaccines capable of inducing superior protection amid a shifting pandemic landscape. Since a portion of the global population harbors some level of immunity from vaccines based on the original Wuhan-Hu-1 SARS-CoV-2 sequence or natural infection, an important question going forward is whether this immunity can be boosted by next-generation vaccines that target emerging variants while simultaneously maintaining long-term protection against existing strains. Here, we evaluated the immunogenicity of INO-4800, our synthetic DNA vaccine candidate for COVID-19 currently in clinical evaluation, and INO-4802, a next-generation DNA vaccine designed to broadly target emerging SARS-CoV-2 variants, as booster vaccines in nonhuman primates. Rhesus macaques primed over one year prior with the first-generation INO-4800 vaccine were boosted with either INO-4800 or INO-4802 in homologous or heterologous prime-boost regimens. Both boosting schedules led to an expansion of antibody responses which were characterized by improved neutralizing and ACE2 blocking activity across wild-type SARS-CoV-2 as well as multiple variants of concern. These data illustrate the durability of immunity following vaccination with INO-4800 and additionally support the use of either INO-4800 or INO-4802 in prime-boost regimens.

scholarly journals Why do first and second-generation young migrants volunteer? The Migrant Volunteerism Motivation Model (MVMM)

2019 ◽  
Vol 7 (2) ◽  
pp. 1089-1107 ◽  
Author(s):  
Sara Alfieri ◽  
Daniela Marzana ◽  
Sara Martinez Damia
Keyword(s):  
Transition To Adulthood ◽  
Process Model ◽  
First Generation ◽  
Second Generation ◽  
Maintenance Phase ◽  
Structured Interviews ◽  
Sub Saharan ◽  
Italian Context ◽  
First And Second Generation ◽  
Motivation Model

The following study aims at inquiring into the motivations behind young migrants’ volunteerism in civic organizations in Italy, namely in starting and maintaining their engagement (preliminary vs. maintenance phase). The term “young migrants” refers to first and second generation of migrants who deal with two challenges: the transition to adulthood and the acquisition of a cultural identity. We conducted semi-structured interviews with 37 Sub-Saharan young migrants living in Italy (18-32 years old), 19 of first generation (1G) and 18 of second generation (2G). The Omoto and Snyder’s Volunteer Process Model (VPM, 1995) was used as an underpinning theoretical framework and a guide for the interpretations of the results. The findings indicate that a) motivations included in the VPM are also found for young migrants, b) some of these motivations take particular meaning for young migrants, c) some motivations are not included in the VPM and are specific of this sample. We named these last motivations: social norms, advocacy and ethno-cultural. In addition, some considerations may be advanced regarding the generation and the phase of motivation: 1G migrants are particularly moved by the importance of integration in the Italian context and by the promotion of their ethnic group while 2G migrants reported mostly the desire to understand their roots. The values, the concern for the community and the longing to develop relationships are the motivations for which all young migrants continue to volunteer; however, 1G migrants are also sustained by advocacy and ethno-cultural motivations. Implications and future directions are discussed.

scholarly journals The Impact of Owner Gender in Family Businesses in Indonesia Liliana Dewi, Kazia Laturette, and I Gusti Bagus Yos

2021 ◽  
Author(s):  
Liliana Dewi ◽  
Kazia Laturette ◽  
I Gusti Bagus Yosia Wiryakusuma
Keyword(s):  
Family Business ◽  
First Generation ◽  
Future Generations ◽  
Early Age ◽  
Next Generation ◽  
Female Leaders ◽  
The Family ◽  
Long Time ◽  
The Impact

There are differences in the way people perceive the role of women and men in business. The purpose of this study was to analyze the influence of male or female leaders on two business families in Indonesia. The success of the family company cannot be separated from the role of the first generation in trusting future generations to continue their family business. A qualitative approach was used, where the data were collected through interviews with two family companies with different generations of successors. One family company has a female successor generation and another family company has a male successor. The findings showed that the first generation trusted from an early age and involved the second generation in the family business, whether their children were girls or boys. In fact, all succeeded in taking over the baton of leadership. An interesting finding is that even though the next generation is female and handles welding, which is more commonly done by men, thanks to the trust given by their parents, this next generation would be more masculine in order to gain legitimacy from employees who have worked for a long time in the company. This is as good as the next generation of men in other family companies. Keywords: family business, gender, first-generation roles, succession of success

ACTIVE TARGET AS A TOOL FOR NUCLEAR SPECTROSCOPY AND REACTIONS

2009 ◽  
Vol 18 (10) ◽  
pp. 1997-2002
Author(s):  
◽  
PATRICIA ROUSSEL-CHOMAZ ◽  
HERVE SAVAJOLS
Keyword(s):  
High Resolution ◽  
Time Projection Chamber ◽  
First Generation ◽  
Rare Events ◽  
Nuclear Spectroscopy ◽  
Next Generation ◽  
Active Target ◽  
First Results ◽  
Time Projection

By the very nature of secondary beams, their intensity is limited, particularly for beams of the highest interest - farthest away from stability. Active targets, which can be described as time projection chamber (TPC)-like detectors in which the detector gas is the target, have been shown to have the highest sensitivity for quantitative high resolution studies of rare events. The physics cases that can be addressed with these devices are reviewed and some of the first results obtained with first generation active targets are detailed. Finally some general ideas on the next generation of active targets are presented.

scholarly journals “Something Trouble the Matter with the Engine”

2012 ◽  
Vol 134 (01) ◽  
pp. 36-39
Author(s):  
John Laurence Busch
Keyword(s):  
High Pressure ◽  
First Generation ◽  
East Coast ◽  
New Technology ◽  
Next Generation ◽  
High Pressure Steam ◽  
Pressure Steam ◽  
Moving Parts

This article describes the design of steamboats during the first generation. The first generation of steamboat mechanics and engineers stuck to what they believed they could manage: low-steam engines with pressure gauges properly installed and monitored; single cylinders and moving parts that were kept continuously lubricated with tallow; boilers that were kept as air-tight as possible; and on the insides of those boilers, a periodic scraping and cleaning of any salt build-up, which became a bigger and bigger problem as steamboats ventured into saltier waters along the East Coast. As this wonderful new technology continued to expand into new territories, its true believers concluded that more powerful engines were needed. In the early 1820s, there was increased experimentation with two-cylinder engines and high-pressure boilers, both of which served to give steam-powered vessels the strength and stamina they needed to push a larger hull over greater distances. With their increasing adoption through the 1820s, multi-cylinder high-pressure steam engines marked the end of the first family of steam vessels, and the beginning of the next generation.

First-generation circular migrants involved in the upbringing of their grandchildren: the case of Turkish immigrants in Germany

2019 ◽  
Vol 41 (1) ◽  
pp. 77-100 ◽  
Author(s):  
Tolga Tezcan
Keyword(s):  
First Generation ◽  
Intergenerational Relationships ◽  
Intergenerational Conflict ◽  
Circular Migration ◽  
Structured Interviews ◽  
Arranged Marriages ◽  
Older Immigrants ◽  
Child Care Assistance ◽  
Care Assistance ◽  
Purposive Sample

AbstractFollowing retirement, older immigrants increasingly tend to engage in circular migration. This back-and-forth movement introduces a variety of challenges affecting the nature of grandparenthood as well as grandparental involvement in the upbringing of grandchildren. For circular migrant grandparents, maintaining intergenerational relationships requires them to overcome not only geographic distances, but also linguistic and cultural differences. In families with circular migrant grandparents, intergenerational conflict often springs from disparate generational exposure to acculturation processes, producing divergent aspirations within the first and second generations regarding the upbringing of the third generation. This study explores how first-generation Turkish circular migrant grandparents attempt to raise grandchildren who reside in Germany by implementing ‘cultural and instrumental transfers’. This study undertakes a qualitative approach: semi-structured interviews with a purposive sample of first-generation Turkish circular migrant grandparents (N = 40). The analysis finds that child-care assistance is characterised by intergenerational conflict – rather than solidarity or altruistic support – between the first and second generations. Moreover, through transnational arranged marriages, as a cultural transfer, and inter vivos gifts, as an instrumental transfer, grandparents encourage their grandchildren to return to Turkey permanently.

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