Nouveau poor
"Nouveau poor" ("new poor"), refers to a person who had once owned considerable wealth, but has now lost all or most of it. This term is generally used to emphasize that the individual was previously part of a higher socioeconomic rank, and that such wealth that provided the means for the acquisition of goods or luxuries is currently unobtainable. These people may or may not actually be poor, but compared to their previous rank, it seems as if they are.[1] Nicholas Monson (grandson of the 9th Baron Monson) and Debra Scott were authors of The Nouveaux Pauvres: A Guide to Downward Nobility (1984), "a lifestyle manual for poverty-stricken aristocrats"[2] "running an aristocratic lifestyle on a tradesman's budget".[3][4]
See also
- Downward mobility
- Middle class squeeze
- Nouveau riche
References
- Rich, Laura (June 15, 2009). "Recession Lexicon: Nouveau Poor". Recessionwire. Archived from the original on August 29, 2009. Retrieved 2009-08-27.CS1 maint: BOT: original-url status unknown (link)
- Working It Out: The Workaholics' Survival Book, Victoria McKee, Robson Books, 1995, p. 30
- An Italian in Britain, Beppe Severgnini, BUR, 2003
- To Marry an English Lord: Tales of Wealth and Marriage, Sex and Snobbery, Gail McColl, Carol McD. Wallace, Workman Publishing Co., 2012, p. 352
External links
- Roberts, Joel John (December 8, 2008). "A Guide For the Nouveau Poor". LA's Homeless Blog. Archived from the original on July 22, 2009. Retrieved 2009-08-27.
- Pitzke, Marc (2010-10-11). "The Nouveau Poor : Recession Shadows America's Middle Class". Spiegel Online. Retrieved 27 June 2012.
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