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View Diary: A question of class (248 comments)

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  •  I see 4 social classes (4+ / 0-)

    1. The ownership class: lives off of what they own (stocks, bonds, real estate) does not need to work to survive.

    2. The working class: must work in order to survive

    3. The managerial class: these are the people hired by the ownership class to run the business. Those high up in the chain (CEO's, board of directors) have a great deal of power and overlap with the ownership class in terms of being able to live off wealth. However, there are many in middle or low management positions such as a wendy's assistant manager who works hard and must work in order to survive despite having some power over others.

    4. The underclass: these are the unemployed. They provide a surplus pool of workers in case some employees go on strike or quit their jobs in disgust. If replacement workers are easily found, wages will be very low as you see today. This is why jobs are not the priority right now.

    "Although the world is full of suffering, it is full also of overcoming it" Helen Keller

    by Johnnythebandit on Sun Aug 14, 2011 at 12:12:07 PM PDT

    [ Parent ]

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