Part one of term paper
“Where some possess much, and the others nothing, there may arise an extreme- either out of the most rampant democracy, or out of an oligarchy.” This was once said by Aristotle who was probably the first to recognize the importance of a middle class. A powerful debate whether the middle class is essentially defined by cultural or ...

Part two of term paper
... of the middle class. Judith R. Blau argues that her understanding of the middle class has much to do with inclusive cultural values. Blau demonstrates her opinion though her ethnography, Social Contract and Economic Markets. I believe that Karl Marx’s economic factors and Judith Blau’s cultural factors together define the middle class. Karl Marx believed class was a matter of economics, that is, how the individual fits into the pattern of modern capitalist society. Marx argued that the ...