The Wherewithal of Social Class


According to Sir Arthur Salter, an early champion of laissez-faire economics, the narcissism of economic actors is quite sufficient for regulation:

The normal economic system works itself …. Over the whole range of human activity and human need, supply is adjusted to demand and production to consumption, by a process that is automatic, elastic and responsive.1


Social Class Middle Class Social Contract Residential Segregation Upward Mobility 
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© Plenum Press, New York 1993

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