9 years ago
2
Americans really do have to work harder to stay middle class
Roughly 90% of Americans describe themselves as “middle class”—either, upper middle class, lower middle class, or plain middle class—according to recent research from the Pew Research Center. That’s a highly desirable bloc of potential voters. And they’re a group that’s stuck in a rut, making them especially insecure.
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It will not help. Working hard fills the pockets of the rich, not of the workers. Karl Marx was wrong in many ways, but he understood the consequences of untamed capitalism, and it is not suddenly going to fix itself, it is going to get worse.
Absolutely. The "rags to riches" scenario is more of a fantasy than an actual dream Americans have much hope of achieving. The people who do are the exception rather than the rule. There's too much industry influence over government regulations helping to enforce the status quo. That influence is also deeply invested in making profit over all other considerations, which means cutting costs wherever possible. Labor was once considered an essential cost, but now it's treated as a fungible asset to be minimized by any means necessary.