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Beginning with the observation that the distinction between capital income and wages does not account for the complexity of social relations in contemporary capitalism, the present chapter establishes the framework of a tripolar class configuration in which capitalist, managerial, and popular classes are distinguished. A special emphasis is placed on managerial classes, their functions, and their changing role along the phases of modern capitalism.
The important role of wages in the formation of high income is clearly apparent in the data and increasingly so. This observation basically questions the treatment of wages as a homogeneous whole on, at least, two