Middle_Classes_ 1-29-08

Middle_Classes_ - THE MIDDLE CLASSES& THE CHANGING ECONOMY•Many upper class and middle class jobs are being outsourced so jobs are lost in

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Unformatted text preview: 1-29-08THE MIDDLE CLASSES & THE CHANGING ECONOMY•Many upper class and middle class jobs are being outsourced so jobs are lost in AmericaTHE MIDDLE CLASS AS AN ECONOMIC POSITIONAND STATE OF MIND•People fall into categories by their salaries•Even people who are poor aspire to gain more power and move up in the hierarchy•The middle class knows what people are poor and who the rich people areCLASSES BETWEEN THE RICH AND THE POOR•The middle class cannot be lumped with the rich or poor classes•The middle class is divided into 3 categories: upper-middle, lower-middle, and working•The middle class cannot be broken down by education, salary etc.•The lower-middle classhas the second tier or jobs, including: teachers, farmers•Lower middle class (Middle America) is much more conservative compared to upper middle classEMERGENCE OF THE MIDDLE CLASSES IN THE TWENTIETH CENTURY•The middle class is a modern phenomena of emergence•Farmers, who were considered the middle class, emerged in the 20thcentury --INDUSTRIALIZATION AND EARLY CAPITALISM•Farmers began moving toward machinery jobs in factories, which were the middle class jobs at that time•As factories grew, new workers needed to be hired for these white collar jobs--KARL MARX AND HIS PREDICTIONS...
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This note was uploaded on 03/22/2008 for the course ISS 215 taught by Professor Lang during the Spring '06 term at Michigan State University.

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Middle_Classes_ - THE MIDDLE CLASSES& THE CHANGING ECONOMY•Many upper class and middle class jobs are being outsourced so jobs are lost in

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