The New Class

"The New Class" is a concept introduced by economist Michael Novak that describes a new social and economic group emerging in modern societies. It typically includes high-level professionals, entrepreneurs, and managerial elites who influence politics, culture, and economic decisions. Unlike traditional classes based on land or manual labor, this group tends to have significant control over knowledge, information, and capital. Their rise reflects shifts in global economies toward service, technology, and knowledge sectors. The New Class impacts societal power dynamics, often driving innovation and change but also raising concerns about inequality and access.