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/

  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
    hexagon
    ·
    7 months ago

    Right, middle class is a nebulous idea that doesn't really have much meaning behind it. I agree that class membership derives its meaning from the relations in society. If majority of the income comes from the capital the individual owns then they're a member of the capitalist class, and if majority of their income comes from their labour then they're a member of the working class. These two classes have contradictory interests since capital owners act as employers of the workers.