Breaking Brown

March 14, 2011

Who Are the Middle Class?

Globalism is a recent phenomenon which, mostly because of its deteriortive affects on the American middle class, has become a steady topic of conversation. However, most armchair economists spend little time dissecting the tangible and non-tangible qualitative aspects of this socioeconomic distinction.  In his most recent blog post at Future Capital Kenya, Samora dissects the “engines of growth” both here in America and in Kenya. A snippet;

“The issue of the “middle class” is an elusive concept and at best most definitions given are nebulous. In the U.S.A, the statistical agents describe the middle class very clinically, simply they are the ones in the middle range of income distributions. Therefore as of now, the American middle class consists of people earning roughly between $20,000 and $70,000 per annum. Mind you, these incomes would be for the “landed gentry” in Kenya. However, in Europe especially France and the United Kingdom, the term “middle class” takes on increasing complexity. Issues such as “aspiration, virtues and attitudes” come into play.” CLICK HERE TO READ FULL POST

0 likes Opinion # , , ,
Share: / / /

3 thoughts on “Who Are the Middle Class?

  1. Paula Treat says:

    Great post, I wanted to say that i am not able to connect to your rss reader, you should install a wordpress plugin for that to workthat.

  2. ?? says:

    I have been trying to find this info. Just so you know I established your blog when I had looking for weblogs like my own,my blog someday and post me a ideas to let me know what you think;1$4

  3. Felice Cito says:

    So many comments in so little time, I have to second, it is a great blog. the site is outstanding

Leave a Reply

Your email address will not be published. Required fields are marked *

Support Independent Black Media

Support Independent Black Media




Make a One Time Donation




Subscribe to our Exclusive Paid Newsletter