I don’t actually buy this. (But will check it out again when move to London this fall.)
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I lived in the UK for several years. I agree with the author's title assertion. Class has been dissolved in the UK much more than in US IMO
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Skeptical based on past experience but will give it another look.
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think of the current differential between rich and poor in the US and also the constant racial walls.
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Excellent piece Richard, I particularly like the part about progressives sending their kids to private school.http://www.financialsamurai.com/to-get-more-luckier-realize-success-is-mostly-luck/ …
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In a nutshell, working class voted in corrupt GOP resulting in policies heavily biased to the 1%, & it's all the fault of college-educated?
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Society becomes classist when its capitalist state influences its thinking
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What is brilliant is that those below revere those above to their own detriment
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Boondoggle?
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what a suprise! Irony. with one of the most barbarous and unrelegulated
#capitalistic systems,#China too, what do you expect?#UScapitalismThanks. Twitter will use this to make your timeline better. UndoUndo
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"White people don't know what it's like to be poor." Bernie Sanders
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Good article, tough call. How could anyone agree to pay more taxes if we know in the US they won't be used for social services?
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We need a consensus, in particular from the right, but we never seem to get there.
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@nytimes Pareto of poverty: top 20%, avg ann. income $200K, saw > $4 trillion increase in pretax income since 1979 https://mobile.nytimes.com/2017/06/10/opinion/sunday/stop-pretending-youre-not-rich.html …pic.twitter.com/afXMgmxk2L
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1. How do you account for regional differences? Many of the 2-20% live in high cost areas such as silicon valley, places also the 1% live.
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2. $200K household income easily achievable for 2-income families in Silicon Valley. But given housing costs, still middle class lifestyle
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3. Legacy preference is tied to alumni givings. Those do add up. If no preference, only super rich will donate to have buildings named after
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4. Working and saving hard to help own children achieve better future is a virtue, not a vice. And definitely shouldn't be demonized.
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5. Social immobility also caused by government policies. Yet US working class have consistently voted against their own economic interests.
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