Abstract
The final chapter poses the question of whether, in light of the experience of the crisis, a counter-movement aimed at socially and institutionally re-embedding markets is to be expected. Mau considers such a pendulum swing unlikely, pointing to the fact that the middle class has enduringly ambivalent interests which make a simple return to the past improbable. Despite sharp criticism of market excesses and an increase in inequality, the middle class continues to show a strong affinity for the market, for its interests in status and security as well as its investive conduct of life are both enduringly tied to market processes.
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© 2015 Steffen Mau
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Mau, S. (2015). Light at the End of the Tunnel?. In: Inequality, Marketization and the Majority Class: Why Did the European Middle Classes Accept Neo-Liberalism?. Palgrave Provocations. Palgrave Pivot, London. https://doi.org/10.1057/9781137511614_9
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DOI: https://doi.org/10.1057/9781137511614_9
Publisher Name: Palgrave Pivot, London
Print ISBN: 978-1-349-50626-2
Online ISBN: 978-1-137-51161-4
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