Capitalism has always been a failure for the lower classes. It is now beginning to fail for the middle classes.
About this quote
- What does it mean?
- Capitalism has consistently failed working classes and now shows signs of failing the middle class as well.
- In plain terms
- Capitalism has not worked for lower classes and is now failing the middle class.
- What can you take from it?
- Understand that economic systems often fail lower and middle classes.
Where it applies
Putting it to work
Questions to consider
- What are alternatives to current systems?
- Why do systems favor some over others?
Another view
Some middle class gains have occurred during certain periods.
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