Here is the gist of the comment I left over at
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).
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Date: 27 Dec 2014 02:53 am (UTC)People who get money via work have a completely different set of priorities from people whose income relies on ownership of assets.
Good way to put it.
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Date: 27 Dec 2014 03:49 am (UTC)This is all classical Marxist theory, BTW. None of it my own idea.
I think it's very important to distinguish class (workers, bourgeoisie, aristocracy) in this sense from income (lower, middle, upper), for the functional reasons I described. The bourgeoisie (aka the 10% or 1% or 0.01% as you prefer) in America has succeeded in turning working people against each other largely based on misinformation about what class is. Teachers and coal miners and trash truck drivers and walmart greeters really ought to be on the same side politically, but by dint of relatively small income disparities (compared to the 1%) they've been trained to fight each other.
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Date: 27 Dec 2014 07:50 pm (UTC)EnglandEurope - damned E confuses me all the time!) a professor is "upper class" but might have a pauper's income. Not sure if I have it right.I do know that there's a concept of "working class" which most of "middle class" America belongs to.
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Date: 28 Dec 2014 12:37 am (UTC)no subject
Date: 29 Dec 2014 08:50 pm (UTC)But that's an interesting point - that there are so many conflicting class markers.
I mean, they exist here, too... but I think since they're not admitted to, they're even trickier to spot.
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Date: 27 Dec 2014 07:56 pm (UTC)What the Bitter Lawn Gnome is saying is very much along the lines of why I'm balking at equating social class with income bracket, by the way, though he phrased it better.
-J
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Date: 27 Dec 2014 09:39 pm (UTC)no subject
Date: 28 Dec 2014 08:54 am (UTC)Note: SOme of my own, very inexpert opinion derives from exposure to the Working Class Studies Association here in the US. It strikes me as much as a set of cultural differences as anything, though not just anthropological if that makes any sense. Also, I grew up in an upper-middle-class suburb which means I actually encountered the occasional upper-class person. No, they are Not Like just about anybody else.
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Date: 28 Dec 2014 07:56 pm (UTC)