| Monday, 08-Sep-2008 05:23:09 GMT | Tell a friend |
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As the swollen middle class lost its distinctive usefulness as a label, observers invented sub-labels: we often detect in contemporary societies at least an "upper middle class" and a "lower middle class".
Modern political economy considers a large middl class to be a beneficial, stabilizing influence on society, because it has neither the explosive revolutionary tendencies of the lower class[?], nor the stultifying greedy tendencies of the upper class[?].
For Marxist views on this class, compare bourgeoisie.
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