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Titlebook: Inequality, Marketization and the Majority Class; Why Did the European Steffen Mau Book 2015 Palgrave Macmillan, a division of Macmillan Pu

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Middle Classes and the European Social Model, that growth, a balanced income distribution, democratic participation and social protection are the foundations of this model, which was developed above all in the period after the Second World War. Today, it is not just the market that is responsible for the social positioning of the middle classe
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Middle-Class Investors in Affluent Societies,ate and the market. Mau shows that household assets in Western European societies grew sharply, even though there was a strong concentration of wealth. Portions of the middle class also accumulated assets, and have been attempting to invest these in the market in order to secure their own status. Wh
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Privatized Old-Age Provision, Privatized Future, for private old-age provision is evident. Widespread pension pessimism on the one hand, and tax incentives on the other, have stimulated private retirement saving. Old-age pension provision has thereby shifted increasingly in the direction of the market, something also evident in the growth of Euro
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Home Ownership and Home Voting,In all countries, the share of owner-occupied housing has steadily increased. Chapter 5 reports findings that point to a relationship between home ownership and political and social attitudes. Here it becomes evident that home owners differ markedly from renters, for example in their greater conserv
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The New Culture of Indebtedness,ndebtedness stimulated market demand and therewith also economic growth. But debt cannot be increased interminably. Greater borrowing by private households constituted a novel form of consumer behaviour oriented toward premature consumption. With the growth of the tendency to borrow, also due to the
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