So this is a write-up of discussion points brought up at a meetup, it’s not intended to be a comprehensive overview about every single thing about social class.
Okay… but it still seems like a surprising omission. I’m only familiar with two concepts of class, the somewhat vacuous American one where everyone is middle class (which you seem to be criticizing) and the Marxist one.
it’s now pretty common to be wealthy without owning any productive capital
I would have thought almost all wealthy people own either stocks or real estate… what do you mean by this?
Okay… but it still seems like a surprising omission. I’m only familiar with two concepts of class, the somewhat vacuous American one where everyone is middle class (which you seem to be criticizing) and the Marxist one.
I would have thought almost all wealthy people own either stocks or real estate… what do you mean by this?