Lost in Transformation? South Africa’s emerging middle class

“This study of the emerging African middle class in South Africa has been motivated
by the belief that a middle class independent of the state and supportive
of private enterprise is indeed a vital ingredient of sustained economic growth and political pluralism. Societies in which independent middleclasses are prominent tend to display high levels of innovation; emphasise choice, reward for effort, talent, and creativity; encourage risk-taking and respect for entrepreneurship;and display high levels of individual confidence.”