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Is capital not synonymous with ruling class in the United States? From the outside perspective it looks like it definitely is
by theflyinghorse 7y ago
Is 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.