The middle class and its importance for democracy: A European study of the middle class, decreasing democracy and rising extremism surrounding the financial crisis of 2008-2010
By testing theories from the likes of Seymour Martin Lipset and Francis Fukuyama, this thesis aims to illuminate the correlations between the size of a nation’s middle class and the stability and rigor of its democracy. Using quantitative data on democracy and middle class size in the time surrounding the financial crisis of 2008-2010, this thesis illustrates the parallel declines in both democrac