Work, Economy and Organizations Commons^™

The Disappearing Middle Class: Implications For Politics And Public Policy, Trevor Richard Beltz

CMC Senior Theses

What does it mean to be middle class? The majority of Americans define themselves as members of the middle class, regardless of their wealth. The number of Americans that affiliate with the middle class alludes to the idea that it cannot be defined simply by level of income, number of assets, type of job, etc. The middle class is a lifestyle as much as it is a group of similarly minded people, just as it is a social construct as much as it is an economic construct. Yet as the masses fall away from the elite, and changes continue to …

Downsizing America In The Twentieth Century: A Sociological And Theoretical Analysis Of The Shrinking Middle Class, Terreea Lynne Adams

Institute for the Humanities Theses

Downsizing is the process by which a firm decreases its number of employees, even during times of a strong economy, with the stated purpose of generating greater efficiency, productivity and of course, profit. The downsizing trend in the United States during the past three decades has resulted in an enormous shift in the structure of our society. Various theorists, sociologists and economists employ differing ways of looking at this downsizing trend and its effects on the largest segment of the population; that is, the middle class.

lndications of a healthy economy are low levels of unemployment and poverty-. Downsizing involves …