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The 2008 Great Recession Lowered Americans' Class Identity.

Stephen Antonoplis1, Juan Eduardo Garcia-Cardenas2, Eileen K Graham3

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Summary
This summary is machine-generated.

The 2008 Great Recession significantly altered how Americans perceive their social standing, shifting many toward identifying with a lower class. This study explores the long-term malleability of class identity following major economic events.

Keywords:
identity formationpersonality developmentsocioeconomic conditionssubjective socioeconomic status

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Area of Science:

  • Sociology
  • Social Psychology
  • Economics

Background:

  • Class identity influences social affiliations, cultural values, and health.
  • Theoretical models suggest class identity can change, but empirical evidence on long-term malleability is limited.

Purpose of the Study:

  • To investigate whether class identity can change over the long term.
  • To examine the impact of the 2008 Great Recession on Americans' class identity.

Main Methods:

  • Analysis of four large datasets with a total of 164,296 participants (N = 164,296).
  • Examined shifts in self-reported class identity before and after the 2008 Great Recession.

Main Results:

  • In three out of four datasets, a significant shift in class identity was observed.
  • The 2008 Great Recession prompted a move towards lower-class identification among Americans.

Conclusions:

  • Class identity demonstrates long-term malleability, particularly in response to significant economic downturns.
  • Findings have implications for theories of class formation and the socio-political landscape of the United States post-2008.