3 ms·
> The rise in middle class ... The "middle class" is a myth and is a propaganda tool for creating dissent. There are really only two classes: 1. Capital-owner
by jmyeet 4y ago
> The rise in middle class ...
The "middle class" is a myth and is a propaganda tool for creating dissent. There are really only two classes:
1. Capital-owners. Think Elon Musk, Jeff Bezos, Larry Page, Sergey Brin, Bill Gates, Warren Buffet, etc; and
2. Workers. This is anyone who trades their labor for an income. This covers everyone from the janitor to LeBron James.
The idea of the "middle class" is to create a division between them and the "lower class". The "middle class" often look down on the "lower class" and lump those who might rely on welfare, etc. The "lower class" will be blamed for many of society's ills.
The truth is there is no division. What you think of as the "middle class" and "lower class" are exactly the same and have way more in common than to the Musks, Bezos's and Buffett's of the world.
Billionaires have class solidarity. The dire situation of stagnant real wages and skyrocketing cost of living is largely a result of workers not having class solidarity.
- AnimalMuppet 4y agoI am a worker. I am also a capital owner, though on a small scale, from investing the surplus of my pay for my labor. I am far from alone. And the existence of people like me kind of blows up your neat theory.
- ClumsyPilot 4y agoDo you employ multiple workers, either directly or through your investments, to be able to sustain yourself through profits? You are the perfect example - someone who's managed to squairrel away a tiny fraction of the capital pie and now imagines himself to be in a different class. Just because you now own a sandwind does not you a capitalism make.
- AnimalMuppet 4y agoMy IRA and 401K aren't quite enough to sustain me, yet, but I'm getting there.