firecat: red panda, winking (Default)
[personal profile] firecat
[personal profile] snippy posted about an interactive feature on CNN.com that attempts to determine whether you, a person residing in the US, can correctly identify whether you count as "middle-class."

Here is the gist of the comment I left over at [personal profile] snippy's post:

Income is not a great gauge of class by itself. Net worth matters a LOT.

Have you read The Millionaire Next Door? One of the main themes is that some professionals with high incomes believe that appearing wealthy is an important part of their professional reputation. So they have big houses, expensive cars and clothes, and are deep in debt. Some rich people think it's important to save money, so they have lots of assets but they don't live in fancy houses, drive beat-up cars, etc. (The book is rather simplistic in its judgements but I agree that those patterns exist.)

Those rich folks and professionals might have similar gross incomes. But are they the same class?

They are defining "middle class" where I live as a household income of $68,420—$107,815.

They're counting it as the middle fifth of income, which means they're assuming five classes. One wonders what the results would be like if they took the middle third of income (I suspect the results would be more boring, although I'm sure some people would define themselves as middle class when they aren't in the middle third of income).

Date: 26 Dec 2014 10:53 pm (UTC)
spiralsheep: Death to the fascist oppressors (present company excepted) (chronographia Death Fascist Oppressors)
From: [personal profile] spiralsheep
Yes, in England, social class is more than merely socio-economic class (or social status) and can even be inheritable via, for example, hereditary aristocratic titles. Even in the 21st century's globalised capitalist plutocracy* not all markers of social class or social status can be immediately purchased for ready money.

* lol

Date: 27 Dec 2014 09:36 am (UTC)
spiralsheep: Death to the fascist oppressors (present company excepted) (chronographia Death Fascist Oppressors)
From: [personal profile] spiralsheep
Our old aristo families basically began as robber barons who were into power politics so the Bushs (?and Kennedys?) would be a not untypical analogy, although they combine several eras of behaviour as they also wave the old school tie about and that wasn't rly part of the system until the 19thC in England (unless being a well-placed squire counts as an early manifestation). Your political system hasn't had time to fully ossify, and perhaps globalisation and the speed of socio-technological change will make that less likely (after all, look at the history of the ends of the British and Roman Empires).
Edited Date: 28 Dec 2014 12:38 am (UTC)

Date: 28 Dec 2014 08:46 am (UTC)
bibliofile: Fan & papers in a stack (from my own photo) (Default)
From: [personal profile] bibliofile
Kennedys are a prime example of that: Joe Kennedy decided to move into politics, which is why his kids (JFK, Bobby, Teddy) ran for office.

A lot of our upperclass aristos have lots of power and status that isn't outwardly recognized with landed titles, but they're there all right. Think of the 400 families in the Social Register of Edith Wharton's time, plus robber barons and oil money (e.g., Rockefellers) and such.

One of the things I like about Henry Louis Gates's tv show on geneaology? Finding out that Samuel L Jackson is descended from an early (white) colonst and thus eligible for the Sons/Daughters of the American Revolution type groups.

Date: 28 Dec 2014 10:36 am (UTC)
spiralsheep: Reality is a dangerous concept (babel Blake Reality Dangerous Concept)
From: [personal profile] spiralsheep
::nods understanding::

Samuel L Jackson is descended from an early (white) colonst and thus eligible for the Sons/Daughters of the American Revolution

Lol, yes. I used to freak out "Irish Americans" by pointing out how very many "African Americans" are as "Irish" in their antecedents (in various differing genetic and cultural ways). Reclaiming of exclusive identities from excluding groups by less socially privileged members of those groups has caused me much joyful merriment over the years. /multiracial

Profile

firecat: red panda, winking (Default)
firecat (attention machine in need of calibration)

September 2025

S M T W T F S
 123456
789101112 13
14151617 181920
21222324252627
282930    

Page Summary

Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated 28 Dec 2025 07:09 am
Powered by Dreamwidth Studios