2 ms·
It's so manipulative to 1) use income and 2) break society into those low brackets of <$50k, $50-100k, and $100k+... as of they aren't all working-class people.
by goodluckchuck 5y ago
It's so manipulative to 1) use income and 2) break society into those low brackets of <$50k, $50-100k, and $100k+... as of they aren't all working-class people.
That might be where people are starting to escape the working class and enter the middle class, but certainly not "rich" or "high" class, as the article suggests. If your family has a net worth of $2-4 Million and are making $100-200k/yr, then you might... own one Arby's franchise.
I like Arby's and kinda wish I had that for lunch, but folks who own one Arby's are not exactly major competitors in the world of capitalism (in an individual sense). They're the middle class (to the extent that one even exists). Those are people who - together with many other small businesses - could form a community that shapes the market and provides a strong stabilizing force... but they're still "consumers."