Inequality, Marketization and the Majority Class: Why Did the European Middle Classes Accept Neo-Liberalism?
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
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DOI: 10.1057/9781137511614.0001
Palgrave Provocations Series Editors: John Holmwood and Sue Scott Titles include: Steffen Mau INEQUALITY, MARKETIZATION AND THE MAJORITY CLASS Why Did the European Middle Classes Accept Neo-Liberalism?
Palgrave Provocations Series Standing Order ISBN 978–1–137–55750–6 (Hardback) (outside North America only) You can receive future titles in this series as they are published by placing a standing order. Please contact your bookseller or, in case of difficulty, write to us at the address below with your name and address, the title of the series and the ISBN quoted above. Customer Services Department, Macmillan Distribution Ltd, Houndmills, Basingstoke, Hampshire RG XS, England
DOI: 10.1057/9781137511614.0001
Inequality, Marketization and the Majority Class: Why Did the European Middle Classes Accept Neo-Liberalism? Steffen Mau Professor of Macrosociology, Humboldt-University of Berlin, Germany
DOI: 10.1057/9781137511614.0001
© Steffen Mau 2015 Softcover reprint of the hardcover 1st edition 2015 978-1-137-51160-7
All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No portion of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, Saffron House, 6-10 Kirby Street, London EC1N 8TS. Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The author has asserted his right to be identified as the author of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2015 by PALGRAVE MACMILLAN Palgrave Macmillan in the UK is an imprint of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan in the US is a division of St Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN: 978–1–137–51161–4 PDF ISBN: 978–1–349-502-2 A catalogue record for this book is available from the British Library. A catalog record for this book is available from the Library of Congress. www.palgrave.com/pivot DOI: 10.1057/9781137511614
Contents Preface 1 Middle Classes and the European Social Model
vi
1
2 Individualization and Tolerance for Inequality
13
3 Middle-Class Investors in Affluent Societies
25
4 Privatized Old-Age Provision, Privatized Future
44
5 Home Ownership and Home Voting
53
6 The New Culture of Indebtedness
65
7 Self-Enhancement: Investing in Education
73
8 Economic Problems and Political Dilemmas
84
9 Light at the End of the Tu
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