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: 27 Dec 2014 07:56 pm (UTC)
jae: (Default)
From: [personal profile] jae
The "upper class" is different in each society (i.e. what makes for it would be quite different in the UK than in the U.S.), but however you stack things they are a rather marginal (though often quite powerful) phenomenon, and not generally studied or even referred to very much in the social sciences. They tend to be not just people who can live and thrive without doing traditional work, but whose families have lived that way for generations.

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
Edited Date: 27 Dec 2014 07:59 pm (UTC)

Date: 27 Dec 2014 09:39 pm (UTC)
bitterlawngnome: (Default)
From: [personal profile] bitterlawngnome
What I said up there is pure Marx, btw. IMO it works well for this, but doesn't work well when you're looking at for instance the Clintons and Bushes and Kennedys. Part of their power is capital ownership, but a big part of it derives purely from being part of those families, so they are a hybrid sort of thing.

Date: 28 Dec 2014 08:54 am (UTC)
bibliofile: Fan & papers in a stack (from my own photo) (Default)
From: [personal profile] bibliofile
I agree that it's certainly not about net income: Marxist theory is quite limited, in so many ways I think. I'm glad that social sciences have long since moved beyond Marx. So much to look at, and so much to think about!

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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