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To his credit, Riesman bends over backwards to say that people can belong to all categories at once through various manifestations of their characters. Nevertheless, the categories are so simple, and feel so descriptively true, that the tendency to believe in the categories and Riesman's historical sketch of how each comes about almost our overwhelms skepticism. Almost. But as Todd Gitlin points out in the foreward, Riesman's theories are tied to a population theory (other-directed societies could supposedly be distinguished by their lower birth rates in combination with economic prosperity) that was almost immediately overturned by the baby boom in the years immediately following the publication of the book. Riesman himself in the reprint of his introduction from a previous edition points out the flaw in the population projection, recanting this part of his theory. And although the flaw is minor in the sense of the meat of the book -- psychologizing various populations at certain stages in their economic development, it does began after awhile to discredit even the psychologizing. For so tightly does he link the other-directed to a phenomenon which is almost immediately proved wrong, that it calls into question everything else he contends. Remember the book "The Population Bomb" which predicted in the 60s that world would soon be overrun with humanity? It didn't take into consideration famine, disease, war -- the usual plagues of humanity. There is nothing so humbling as building a theory on bad demographic predictions.
Whether or not the theories about social character are true, they were extraordinarily influential at the time, shaping ideas about the American character and American society that persist fifty years later. There are parts of this book -- most of it in fact -- that feels vital and true to this day. The question is, however, is this because the ideas contained herein have become so dissolved into the cultural discourse that they have become true in the retelling, or are they literally true for their time and so remain?
That's part of the fun of reading this old chestnut -- deciding for yourself!