Ronald R. Glassman is Professor of Sociology, William Paterson University.

• Preface: Why 'Caring' Capitalism? Prologue: The Productive Miracle and the Specific Pattern of Social Problems Engendered by it The High Technology Economy of Abundance: Goods vs. Services The Specific Pattern of Social Problems Linked to the New Middle Class The Working Class Divided: New Middle Class Mobility vs. Underclass Decline The Specific Pattern of Social Problems Engulfing the Global Underclass The Social Problems of the New Upper Class The Welfare State for the Rich The Welfare State: Expansions, Cutbacks, and Co-Payments The Rising Cost of Services in High Tech Societies and Revenue Generating Mechanisms Why Transfer Payments are Necessary in High Tech Industrial Capitalist Societies The Free Market and Morality Religious and Secular Curbs on the Selfishness and Amorality of the Market Why Care? Notes Index