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Of the ruling class - not capital. Those two are not synonymous historically at all - remember the literal aristocracy of the warrior elite which also shows up
by Nasrudith 7y ago
Of the ruling class - not capital. Those two are not synonymous historically at all - remember the literal aristocracy of the warrior elite which also shows up in dictatorships.
This isn't mere pendantry but pointing out it is a matter of power.
- theflyinghorse 7y agoIs capital not synonymous with ruling class in the United States? From the outside perspective it looks like it definitely is
- Matticus_Rex 7y agoNot really, no. The American aristocracy tends to have a lot of capital, but has been pretty exclusionary toward those without that aristocratic background. Less than parts of Europe, but it's the same beast. America has historically had pretty high income mobility. In my area the majority of capital owners are not from the upper classes.