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Inequality, Marketization and the Majority Class - Why Did the European Middle Classes Accept Neo-Liberalism? (Hardcover)
Loot Price: R1,712
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Inequality, Marketization and the Majority Class - Why Did the European Middle Classes Accept Neo-Liberalism? (Hardcover)
Series: Macmillan Master Series
Expected to ship within 12 - 17 working days
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Why were the European middle classes ready to acquiesce in
neo-liberalism? This book argues that upward mobility, the growth
of individual and family assets, the growing significance of
private provision, and processes of individualization contributed
to a major transformation of the middle classes, making them more
prone to embrace inequality and market principles. It shows how the
self-interest of large sections of the middle classes undermined
social democracy and paved the way for neo-liberal reforms, making
their socio-economic positioning ever more precarious and reducing
their political power. Central to the debate is the question of how
the middle classes can rebalance the relationship between the
Market and state intervention, so as to establish a new social
equilibrium.
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