From Miracle to Mirage The Making and Unmaking of the Korean Middle Class 1960 2015 5th Edition by Myungji Yang 1501710742 9781501710742

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Product details:

ISBN-10 :  1501710742 

ISBN-13 : 9781501710742

Author: Myungji Yang 

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.

From Miracle to Mirage The Making and Unmaking of the Korean Middle Class, 1960-2015 5th Table of contents:

1. Introduction
2. An Imagined Middle Class
3. The Rise of “Gangnam Style”
4. The Betrayed Dream of the Korean Middle Class, 1997–2015
5. Conclusion

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Tags: Miracle, Mirage, Myungji Yang, the trajectory, a compelling story