3 ms·

The upper middle class' opinions and reflections on business seem to be shifting in this environment. It seems less mutually beneficial than it used to be.

rvnx 4mo ago
Considering the price of Stanford, this is more bourgeoisie than middle class
- JumpCrisscross 4mo ago
  > this is more bourgeoisie than middle class The bourgeoisie are literally the middle class [1]. [1] https://en.wikipedia.org/wiki/Bourgeoisie https://en.wikipedia.org/wiki/Bourgeoisie
  - rvnx 4mo ago
    > The bourgeoisie are a social class of business owners, merchants and wealthy people https://en.wikipedia.org/wiki/Marx%27s_theory_of_class#Bourgeoisie https://en.wikipedia.org/wiki/Marx%27s_theory_of_class#Bourg... There is even a funny article here: https://danielmiessler.com/blog/a-bourgeoisie-primer https://danielmiessler.com/blog/a-bourgeoisie-primer There is more here: https://www.reddit.com/r/communism101/comments/hilk3e/trying_to_understand_who_the_bourgeoisie_are/ https://www.reddit.com/r/communism101/comments/hilk3e/trying... So, if you want to play it safe, you can say, "it's the upper middle class that own the businesses and factories" I'll give it to you
    - JumpCrisscross 4mo ago
      > No, it's the rich middle class The "no" is incorrect. Some people use it to refer to the upper middle class. But this betrays the term's original Revolutionary as well as Marxists roots, and I'd argue, is inherently incorrect. The main reason we blur these lines is because we want to call our poor middle class. And our rich don't want to admit that we're rich. > it's the upper middle class that own the businesses and factories I.e. everyone with a 401(k). (Two fifths of Americans have no material shareownership.) If you don’t own equities or real estate in America, you’re poor. If you do, you’re middle class or rich. And if you’re middle class or rich and confused which you are, if you have ever chartered a private plane you’re rich, if you haven’t you’re the bourgeoisie.
      - rvnx 4mo ago
        > The main reason we blur these lines is because we want to call our poor middle class. At least something I agree with you, it quite makes sense
- orochimaaru 4mo ago
  What I was about to say. I’m pretty sure most of the students walking out have a trust fund way more than what I have as savings.
cowanon77 4mo ago
A lot of upper middle class people recognize that AI is a direct assault on their livelihood. The very jobs that AI threatens to disrupt are the bread and butter of the upper middle class.
- JumpCrisscross 4mo ago
  "The median family income of a student from Stanford is $167,500" [1]. Not poor. But not trust-fund rich. [1] https://www.nytimes.com/interactive/projects/college-mobility/stanford-university#:~ https://www.nytimes.com/interactive/projects/college-mobilit...:
  - BizarroLand 4mo ago
    A good majority of those will be from 2 income families, so each making about $40/hr, fairly normal in any middle class suburb near a metropolitan area.
  - mixmastamyk 4mo ago
    What percent getting financial aid?

rvnx 4mo ago

Considering the price of Stanford, this is more bourgeoisie than middle class

JumpCrisscross 4mo ago
> this is more bourgeoisie than middle class The bourgeoisie are literally the middle class [1]. [1] https://en.wikipedia.org/wiki/Bourgeoisie https://en.wikipedia.org/wiki/Bourgeoisie
- rvnx 4mo ago
  > The bourgeoisie are a social class of business owners, merchants and wealthy people https://en.wikipedia.org/wiki/Marx%27s_theory_of_class#Bourgeoisie https://en.wikipedia.org/wiki/Marx%27s_theory_of_class#Bourg... There is even a funny article here: https://danielmiessler.com/blog/a-bourgeoisie-primer https://danielmiessler.com/blog/a-bourgeoisie-primer There is more here: https://www.reddit.com/r/communism101/comments/hilk3e/trying_to_understand_who_the_bourgeoisie_are/ https://www.reddit.com/r/communism101/comments/hilk3e/trying... So, if you want to play it safe, you can say, "it's the upper middle class that own the businesses and factories" I'll give it to you
  - JumpCrisscross 4mo ago
    > No, it's the rich middle class The "no" is incorrect. Some people use it to refer to the upper middle class. But this betrays the term's original Revolutionary as well as Marxists roots, and I'd argue, is inherently incorrect. The main reason we blur these lines is because we want to call our poor middle class. And our rich don't want to admit that we're rich. > it's the upper middle class that own the businesses and factories I.e. everyone with a 401(k). (Two fifths of Americans have no material shareownership.) If you don’t own equities or real estate in America, you’re poor. If you do, you’re middle class or rich. And if you’re middle class or rich and confused which you are, if you have ever chartered a private plane you’re rich, if you haven’t you’re the bourgeoisie.
    - rvnx 4mo ago
      > The main reason we blur these lines is because we want to call our poor middle class. At least something I agree with you, it quite makes sense
orochimaaru 4mo ago
What I was about to say. I’m pretty sure most of the students walking out have a trust fund way more than what I have as savings.

cowanon77 4mo ago

A lot of upper middle class people recognize that AI is a direct assault on their livelihood. The very jobs that AI threatens to disrupt are the bread and butter of the upper middle class.

JumpCrisscross 4mo ago
"The median family income of a student from Stanford is $167,500" [1]. Not poor. But not trust-fund rich. [1] https://www.nytimes.com/interactive/projects/college-mobility/stanford-university#:~ https://www.nytimes.com/interactive/projects/college-mobilit...:
- BizarroLand 4mo ago
  A good majority of those will be from 2 income families, so each making about $40/hr, fairly normal in any middle class suburb near a metropolitan area.
- mixmastamyk 4mo ago
  What percent getting financial aid?