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Re:Made in America, Again by shakethemonkey on Friday September 26, 2014 @05:20AM (#8371963)
Unfortunately this is a terrifically bad definition of middle class, and may not match what people think of as "middle class" life. By this logic, 13th century feudal society had an ample middle class.
Re:Made in America, Again by eloisant on Friday September 26, 2014 @06:42AM (#8372144)
The problem with "what people think of middle class" is that everyone has a different idea of what it is, depending on where they are on the revenue scale. That leads to discussions like this thread.
Re:Made in America, Again by shakethemonkey on Saturday September 27, 2014 @07:01AM (#8376688)
Absolutely correct. But we also know that the OCDE definition is a strict percentage which is so absurd it creates large middle classes in cultures which have absolutely no middle class. And events may unfold such that the definition may be absurd even in our own culture in 20? 50? years.