534 Ch. 14 • The Industrial Revolution
of bankers, manufacturers,
or merchants; their fathers
brought them into the business
or loaned them enough money
to get started on their own. At
the bottom of the pyramid
stood the “petty bourgeoisie/’
at whose expense nobles and
wealthy bourgeois made cruel
jokes. This stratum included
shopkeepers of modest means
and expectations, wine mer
chants, minor officials, school
teachers, cafe owners, and some
craftsmen—especially those in
luxury trades, such as gold
smiths and silversmiths—who
proudly considered themselves
middle class.
A middle-class couple out on a walk in Many wealthy merchants and
Vienna. industrialists hungered for
social prestige, which was still
closely tied to owning land. The proportion of land owned by the middle
class increased rapidly during the first half of the nineteenth century in
Britain, France, and the German and Italian states. Since ownership of land
(specifically the taxes paid on it) remained the basis of electoral enfran
chisement in much of Western Europe, this further increased the political
influence of the middle classes.
The landed elite—noble and non-noble—remained at the pinnacle of
social status in Britain, although its share of the nation’s wealth fell from
about 20 percent to about 10 percent between 1800 and 1850. Some En
glish “country gentlemen” still looked down their noses at those they scorned
as mere “calico printers” and “shopkeepers,” even if some peers now owed
their titles to family fortunes made in commerce or industry a century ear
lier. Likewise, because in Britain the eldest son still inherited the entire
family fortune, some second and third sons left country life to become busi
nessmen, without feeling the sense of humiliation that their counterparts
might have felt in Prussia. Many noble families were delighted to have their
offspring marry the sons and daughters of wealthy businessmen.
The Entrepreneurial Ideal and Social Mobility
The entrepreneur emerged as a man to be revered and emulated. The
Scottish philosopher and economist James Mill (1773—1836) became the
political champion of the middle class, which he called “both the most