Skip to main content
Journal cover image

A subaltern middle class: The case of the missing “Black bourgeoisie” in America

Publication ,  Journal Article
Darity, W; Addo, FR; Smith, IZ
Published in: Contemporary Economic Policy
July 1, 2021

A convention, particularly in economics and sociology, for empirical identification of the “middle class” has been to mark off a segment of the population above a lower bound with respect to income, occupational status, and/or educational attainment. Instead, we argue here that wealth constitutes a superior standard for demarcation of the middle class. Wealth is an especially useful standard for identification of the middle class from subaltern communities, communities that have a generally marginalized status. We illustrate the value of the wealth criteria by examining the specific case of America's Black middle class. This alternative approach enables us to demonstrate that the Black middle class is proportionately much smaller than the White middle class and to demonstrate the limitations of several proposals recently advanced to close the racial wealth gap.

Duke Scholars

Altmetric Attention Stats
Dimensions Citation Stats

Published In

Contemporary Economic Policy

DOI

EISSN

1465-7287

ISSN

1074-3529

Publication Date

July 1, 2021

Volume

39

Issue

3

Start / End Page

494 / 502

Related Subject Headings

  • Economics
  • 3801 Applied economics
  • 1605 Policy and Administration
  • 1402 Applied Economics
 

Citation

APA
Chicago
ICMJE
MLA
NLM
Darity, W., Addo, F. R., & Smith, I. Z. (2021). A subaltern middle class: The case of the missing “Black bourgeoisie” in America. Contemporary Economic Policy, 39(3), 494–502. https://doi.org/10.1111/coep.12476
Darity, W., F. R. Addo, and I. Z. Smith. “A subaltern middle class: The case of the missing “Black bourgeoisie” in America.” Contemporary Economic Policy 39, no. 3 (July 1, 2021): 494–502. https://doi.org/10.1111/coep.12476.
Darity W, Addo FR, Smith IZ. A subaltern middle class: The case of the missing “Black bourgeoisie” in America. Contemporary Economic Policy. 2021 Jul 1;39(3):494–502.
Darity, W., et al. “A subaltern middle class: The case of the missing “Black bourgeoisie” in America.” Contemporary Economic Policy, vol. 39, no. 3, July 2021, pp. 494–502. Scopus, doi:10.1111/coep.12476.
Darity W, Addo FR, Smith IZ. A subaltern middle class: The case of the missing “Black bourgeoisie” in America. Contemporary Economic Policy. 2021 Jul 1;39(3):494–502.
Journal cover image

Published In

Contemporary Economic Policy

DOI

EISSN

1465-7287

ISSN

1074-3529

Publication Date

July 1, 2021

Volume

39

Issue

3

Start / End Page

494 / 502

Related Subject Headings

  • Economics
  • 3801 Applied economics
  • 1605 Policy and Administration
  • 1402 Applied Economics