The New Dictionary of Cultural Literacy, Third Edition. 2002.
bourgeoisie
(boor-zhwah-ZEE) In general, the middle class. Applied to the Middle Ages, it refers to townspeople, who were neither nobles nor peasants. In Marxism it refers to those who control the means of production and do not live directly by the sale of their labor. Karl Marx distinguished between the haute (high) bourgeoisie (industrialists and financiers) and the petite (small or petty) bourgeoisie (shopkeepers, self-employed artisans, lawyers). Marxism postulates a fundamental conflict between the interests of the bourgeoisie and those of the propertyless workers, the proletariat.