I mean, the “middle class” doesn’t usually refer to the poorest 50%. The Lower class has always been the majority, Middle a large minority, and Upper a vanishing minority.
It’s better to think of working, middle, and upper class in terms of how much of their income derives from labour vs capital.
Working class = majority of income from working.
Upper class = majority of income from owning capital, i.e. can afford not to work at all.
Middle = somewhat evenly split.
Traditionally working class was associated with “lower” jobs such as labourers, and those working cushy office jobs usually earnt a high enough income to accumulate enough capital to become middle or upper class.
This is more aligned with the British definition, where their “middle class” is more equivalent to the US “upper middle class.” Make no mistake though, with many jobs not paying enough to accumulate capital, professionals such as teachers, accountants, and nurses would firmly be considered working class, because they you know, need to work.
There was an article with a pretty compelling argument a while ago that basically said the true poverty line in the US is over 100.000$/year family income (when you look at what that number was originally supposed to measure).
Below that you’re getting fucked left and right.
Every dollar a family earns between 40k and 100k makes them poorer, because it triggers benefit losses (like health care & child care) that exceed income gains.
So what the US reports as “the middle class” are actually the working poor
I was reading Michael Roberts’ blog the other day, and he pointed out something similar. The official calculations for inflation significantly understate it for various reasons. However, if you look at actual labor hours needed to cover the essentials of life, and you use the median income amount from 1950 (for the US), then that number comes out about $102k per year. Said another way, for a standard of living based on real life, to have the standard of the median American in 1950, you would need to earn over $100k today. But if you take that 1950 median income and just adjust it for official inflation, you only get to like $42k.
If one paycheck is all that stands between half of the people and homelessness, can it really be called the “middle” class?
I mean, the “middle class” doesn’t usually refer to the poorest 50%. The Lower class has always been the majority, Middle a large minority, and Upper a vanishing minority.
It’s better to think of working, middle, and upper class in terms of how much of their income derives from labour vs capital.
Working class = majority of income from working.
Upper class = majority of income from owning capital, i.e. can afford not to work at all.
Middle = somewhat evenly split.
Traditionally working class was associated with “lower” jobs such as labourers, and those working cushy office jobs usually earnt a high enough income to accumulate enough capital to become middle or upper class.
This is more aligned with the British definition, where their “middle class” is more equivalent to the US “upper middle class.” Make no mistake though, with many jobs not paying enough to accumulate capital, professionals such as teachers, accountants, and nurses would firmly be considered working class, because they you know, need to work.
There was an article with a pretty compelling argument a while ago that basically said the true poverty line in the US is over 100.000$/year family income (when you look at what that number was originally supposed to measure). Below that you’re getting fucked left and right.
Every dollar a family earns between 40k and 100k makes them poorer, because it triggers benefit losses (like health care & child care) that exceed income gains.
So what the US reports as “the middle class” are actually the working poor
I was reading Michael Roberts’ blog the other day, and he pointed out something similar. The official calculations for inflation significantly understate it for various reasons. However, if you look at actual labor hours needed to cover the essentials of life, and you use the median income amount from 1950 (for the US), then that number comes out about $102k per year. Said another way, for a standard of living based on real life, to have the standard of the median American in 1950, you would need to earn over $100k today. But if you take that 1950 median income and just adjust it for official inflation, you only get to like $42k.
So I learned it this way:
Upper Class - can live a luxurious life without working at all, and even have domestic employees etc.
Middle Class - can live comfortably but only if they work
Lower class - cannot live comfortably even if they work, and can very easily end up homeless (no social safety net)
The dude who taught me this was my Sociology of Work teacher over twenty years ago.
Middle: in between homelessness and millionaires
Median class? Mode class?
Yeah cuz the lower class don’t get paid at all. Homelessness is rampant all over the states