2 ms·
Not having a middle class that can afford lots of labor intensive services is in my opinion even more a sign of a income gap, since it means that either you're
by mrighele 9y ago
Not having a middle class that can afford lots of labor intensive services is in my opinion even more a sign of a income gap, since it means that either you're very rich, or too poor to afford such services.
- twobyfour 9y agoIn an economy with a very broad and strong middle class and less extreme income distribution, the working class can demand higher wages than the middle class can afford. This was the case in the US during its strongest economic periods in the second half of the 20th century.