The middle classes of the Global North are losing their privileged status in the face of automation, casualization, and downward social mobility. Socialists must find ways to mobilize these hard-pressed middle-class layers in a struggle against today’s financialized capitalism.
Göran Therborn is professor emeritus of sociology at the University of Cambridge. His works have been published in at least twenty-four languages and include Inequalities of the World, Asia and Europe in Globalization, and Between Sex and Power.
There is more to global capitalism than American empire.