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Maintaining the Middle-Class Majority on the High-Technology Industrial Capitalist Base

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The New Middle Class and Democracy in Global Perspective
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Abstract

A middle-class majority in and of itself is not sufficient for the engendering of, and maintenance of, democracy. The character of the upper class, the ideology and political culture, and the stmcture of the economy and the state, are equally important. However, Aristotle’s theory of the link between a middle-class majority and a stable, relatively democratic, mixed polity,1 still holds, in that the rise of a majority middle class remains one of the critical causal factors engendering democracy.

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6 Maintaining the Middle-Class Majority on the Hightechnology Industrial Capitalist Base

  • David Bazelon, The Paper Economy, New York, Random House, 1962.

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  • Louie Kelso and Mortimer Adler, The Capitalist Manifesto, New York, Random House, 1955.

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  • Friedrich Hayek, The Constitution of Liberty, Chicago, University of Chicago Press, 1983.

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© 1997 Ronald M. Glassman

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Glassman, R.M. (1997). Maintaining the Middle-Class Majority on the High-Technology Industrial Capitalist Base. In: The New Middle Class and Democracy in Global Perspective. Palgrave Macmillan, London. https://doi.org/10.1057/9780230371880_7

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