@vgr Without a middle class, societies revert to feudalism
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@vgr True if credit restrictions could apply so M.C. avoids temptation of signaling wealth via debt.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr why should the middle class provide economic vitality if it's not a beneficiary? -
@cathodion the loop is macroeconomic, not at the level of individual conscious rational choice... - Show replies
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