Broke: Who Killed the Middle Classes?
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For the first time ever, todayтАЩs middle classes will struggle to enjoy the same privileges of security and comfort that their grandparents did. How did this situation come about? What can be done about it?
In this beautifully shaped inquiry, David Boyle questions why the middle classes are diminishing and how their status, independence and values are being eroded. From ThatcherтАЩs boost of the mortgage market to Blair and BrownтАЩs posturing over public services, тАШBrokeтАЩ examines the key moments in recent history that created тАШthe squeezed middleтАЩ.
Can the middle classes be revived? Should they be? Although they were not innocent in their downfall, Boyle argues that a newly galvanised middle class could be the key to future economic stability. The middle class may be broke, but it is not beyond repair.
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David Boyle has been writing about the past and the future, and new ideas in economics, for more than a quarter of a century. He is a fellow of the New Economics Foundation and has just completed an independent review for the Cabinet Office. He is the author of The Tyranny of Numbers, The Human Element and Authenticity: Brands, Fakes, Spin and the Lust for Real Life. He lives in London.
