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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Conan who wrote (4655)8/27/2002 8:03:51 AM
From: OblomovRead Replies (1) of 306849
 
some good points, particularly this one:

>>To the extent that the middle class wield political power in the form of popular tax breaks like the deductability
>>of home mortgage interest and the proliferation of suburbs, SUVs, and large barbeques they are utterly
>>despised by the rich.

But, note that the disgust of the upper and upper middle class for the middle class is founded primarily on the tastes of the middle class rather than resentment of middle class political power. The middle class of the present day hardly meets the Marxian definition of "bourgeoisie". The vast majority of the middle class works for a living, though at higher paying jobs than the lower classes, and their relatively high spending power permits the conceit that they are not just a "cognitive proletariat".

Many Americans consider it inappropriate to even discuss class. Yet, it underlies many of the features of our culture. And I think it is a fascinating topic. But I think that it is simplistic to argue that class is merely an expression of differences in power, or that class differences equate to inequities in power.
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