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SOCIAL ORDER OF LIBERALISM: THE CLASS SOCIETY - Coggle Diagram
SOCIAL ORDER OF LIBERALISM: THE CLASS SOCIETY
From estates to social classes
Is the social stratification model typical of liberal industrial period
Liberal revolutions laid the legal foundations for equality of all citizens before the law
Economic disarticulation of Old Regime was also taking place
Principles of economic liberalism developed in their place, development of capitalism
Characteristics of capitalism
Private ownership of the means of production
Investing financial capital
Free market
Personal wealth became
Paid a wage
Buying consumer goods
Purchasing power
Social classes: small wealthy upper class, a varied and a large poor working class
Characteristics of the social classes
Upper class
consisted of Old Regime nobility and upper bourgeoisie, included bankers, industrialists and merchants, speculators and owners of transport companies
Middle class
included different groups from middle and petty bourgeoisie: farm, owners, civil servants, teachers, merchants, artisans, and bank
Working class
included those who had nothing to sell other than their labour or those who owned very few assets
included humbler tertiary sector employees
Was also called proletariat because of the importance of industrial work
Peasants continued to be the majority in relation to the total population
Most of the urban working class were artisants
Number of industrial workers increased