From Miracle to Mirage: The Making and Unmaking of the Korean Middle Class, 1960-2015

Myungji Yang’s From Miracle to Mirage is a critical account of the trajectory of state-sponsored middle-class formation in Korea in the second half of the twentieth century. Yang’s book offers a compelling story of the reality behind the myth of middle-class formation. Capturing the emergence, reproduction, and fragmentation of the Korean middle class, From Miracle to Mirage traces the historical process through which the seemingly successful state project of building a middle-class society resulted in a mirage.

Yang argues that profitable speculation in skyrocketing prices for Seoul real estate led to mobility and material comforts for the new middle class. She also shows that the fragility inherent in such developments was embedded in the very formation of that socioeconomic group.

Taking exception to conventional views, Yang emphasizes the role of the state in producing patterns of class structure and social inequality. She demonstrates the speculative and exclusionary ways in which the middle class was formed. Domestic politics and state policies, she argues, have shaped the lived experiences and identities of the Korean middle class.

From Miracle to Mirage gives us a new interpretation of the reality behind the myth. Yang’s analysis provides evidence of how in cultural and objective terms the country’s rapid, compressed program of economic development created a deeply distorted distribution of wealth.

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From Miracle to Mirage: The Making and Unmaking of the Korean Middle Class, 1960-2015

Myungji Yang’s From Miracle to Mirage is a critical account of the trajectory of state-sponsored middle-class formation in Korea in the second half of the twentieth century. Yang’s book offers a compelling story of the reality behind the myth of middle-class formation. Capturing the emergence, reproduction, and fragmentation of the Korean middle class, From Miracle to Mirage traces the historical process through which the seemingly successful state project of building a middle-class society resulted in a mirage.

Yang argues that profitable speculation in skyrocketing prices for Seoul real estate led to mobility and material comforts for the new middle class. She also shows that the fragility inherent in such developments was embedded in the very formation of that socioeconomic group.

Taking exception to conventional views, Yang emphasizes the role of the state in producing patterns of class structure and social inequality. She demonstrates the speculative and exclusionary ways in which the middle class was formed. Domestic politics and state policies, she argues, have shaped the lived experiences and identities of the Korean middle class.

From Miracle to Mirage gives us a new interpretation of the reality behind the myth. Yang’s analysis provides evidence of how in cultural and objective terms the country’s rapid, compressed program of economic development created a deeply distorted distribution of wealth.

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From Miracle to Mirage: The Making and Unmaking of the Korean Middle Class, 1960-2015

From Miracle to Mirage: The Making and Unmaking of the Korean Middle Class, 1960-2015

by Myungji Yang
From Miracle to Mirage: The Making and Unmaking of the Korean Middle Class, 1960-2015

From Miracle to Mirage: The Making and Unmaking of the Korean Middle Class, 1960-2015

by Myungji Yang

eBook

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Overview

Myungji Yang’s From Miracle to Mirage is a critical account of the trajectory of state-sponsored middle-class formation in Korea in the second half of the twentieth century. Yang’s book offers a compelling story of the reality behind the myth of middle-class formation. Capturing the emergence, reproduction, and fragmentation of the Korean middle class, From Miracle to Mirage traces the historical process through which the seemingly successful state project of building a middle-class society resulted in a mirage.

Yang argues that profitable speculation in skyrocketing prices for Seoul real estate led to mobility and material comforts for the new middle class. She also shows that the fragility inherent in such developments was embedded in the very formation of that socioeconomic group.

Taking exception to conventional views, Yang emphasizes the role of the state in producing patterns of class structure and social inequality. She demonstrates the speculative and exclusionary ways in which the middle class was formed. Domestic politics and state policies, she argues, have shaped the lived experiences and identities of the Korean middle class.

From Miracle to Mirage gives us a new interpretation of the reality behind the myth. Yang’s analysis provides evidence of how in cultural and objective terms the country’s rapid, compressed program of economic development created a deeply distorted distribution of wealth.


Product Details

ISBN-13: 9781501710759
Publisher: Cornell University Press
Publication date: 03/15/2018
Sold by: Barnes & Noble
Format: eBook
Pages: 204
File size: 2 MB
Age Range: 18 Years

About the Author

Myungji Yang, a Brown alumna, is Assistant Professor in the political science department at the University of Hawai‘i at Mānoa.

What People are Saying About This

Yoonkyung Lee

From Miracle to Mirage makes an important contribution to our understanding of social class formation and contemporary Korean society by bringing together structural and socio-cultural analysis into the study of the middle class. Yang's book carefully traces the making and unmaking of the Korean middle class, a subject that has traditionally received less scholarly attention than the working class or large conglomerates in the field of Korean political economy.

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