- cross-posted to:
- usa@lemmy.ml
- cross-posted to:
- usa@lemmy.ml
cross-posted from: https://lemmy.ml/post/9299269
https://www.usatoday.com/story/money/2023/12/06/top-1-american-earners-more-wealth-middle-class/71769832007/
cross-posted from: https://lemmy.ml/post/9299269
https://www.usatoday.com/story/money/2023/12/06/top-1-american-earners-more-wealth-middle-class/71769832007/
Interesting how the golden 90's, right after major capitalist victory, brought drastic drop of wealth for the middle "class".
That's the part a lot of people in the west still don't seem to get. The existence of Soviet Union alone was enough to force capitalists to allow for a relatively high standard of living for the working majority. As soon as the threat of a good example was destroyed, there was no longer any reason to keep up any pretenses. The exploitation could now begin in full.