2026-10-19 23:09 UTC
Replies (2)
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@MangoCats@feddit.it 2026-10-19 23:41
The middle class has been shrinking my entire adult life. The gap between people who start with nothing and work their way up and the people who start with a massive boost and accelerate in wealth accumulation faster than the bootstrappers ever could has grown by an astounding multiple in the past 50 years.
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@balsoft@lemmy.ml 2026-10-20 01:27
“Most of the world” is definitely not petite bourgeois (which is what “middle class” is supposed to mean), neither in the west nor elsewhere. There are only ~36E6 small businesses in the US, many of which share owners and some of which are just shell companies. Even if we assume that every small business was owned by a single person, it’s still only 10% of the population, in the “most entrepreneurial” country in the west.