The middle class ascendancy and decline

Written by David Korten

The middle-class ascendancy in post-World War II America was an extraordinary demonstration of the possibilities of a democracy grounded in the belief that everyone should share in the benefits of a well-functioning society.  Unfortunately, it turned out to be only a temporary victory in the war of the owning class against the rest.

David Korten, Agenda for a New Economy, p. 85. 

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