4 ms·
It's a case of the terminology of "class" becoming muddled, which creates such divisions. "Middle class" is the wrong concept here - capital versus labor is wha
by JeremyNT 3y ago
It's a case of the terminology of "class" becoming muddled, which creates such divisions. "Middle class" is the wrong concept here - capital versus labor is what matters.
Somebody in the labor class making that kind of money may be able to springboard themselves into the capital class by investment, but they aren't automatically there based solely on their income.