8 ms·

LOL. Maybe the professional class (doctors, lawyers) but most real working-class people do not bucket themselves in the category as the professional class. Yes

LOL. Maybe the professional class (doctors, lawyers) but most real working-class people do not bucket themselves in the category as the professional class. Yes, you are all salaried, but they don't get 6 figure RSU's or bonuses.

ta1243 3y ago
Do you work to survive? Do you get paid a salary in exchange for an hour/week/year's work? Then you're working class, literally. Do you not work, just get your income from investments and portfolios? Then you aren't working class.
- JW_00000 3y ago
  Surely everyone earning over $100k is investing some of that?
DanHulton 3y ago
This is just class infighting, though. If you don't own the capital, you're labour. Yes, some labour is paid better, sometimes much better! But if you can be fired, you're labour, and fighting with other labour is counter-productive. Instead of scrapping with someone who makes twice your wage for half your work, we should all be scrapping with those who own the capital, who are profiting from our labour, who even allow for such crappy jobs in the first place. We should ALL be paid well and have respectful work accommodations.
- readthenotes1 3y ago
  If you make $400k/yr, you are a fool if you have not invested the large surplus. And that investment is the capital for someone else's business. And you don't have a large surplus at that salary, you are also a fool.
  - birdyrooster 3y ago
    You are missing the entire point that it doesn't necessarily have to be this way and use it to finger wag a straw man.
pydry 3y ago
It's still people who own vs. people who earn. Those people on 400k are on the same side of the capital divide as people who work at Starbucks. Hedgies are trying to take a cut of both of their wages so they can buy more cocaine. Obviously theyd prefer us to think we're special little creative snowflakes who don't need union membership like a common old factory workers. Or Tom Cruise. Or the hollywood writers who just won a massive victory.
beebmam 3y ago
Working class means that you are earning a wage/salary and you don't own the means of your value production. Small businesses typically aren't working class, whereas sports professionals typically are working class. If you want to talk about income levels, "working class" isn't a term you should be using; it's too big of a bucket.
- jtc331 3y ago
  The problem with this definition is that even CEOs at big tech giants don't own the company (in the vast majority of cases).
  - beebmam 3y ago
    Very valid point. One could extend this definition such that: When someone has enough wealth to make a comfortable living passively, they're no longer working class. I think that should sufficiently account for this.
schlauerfox 3y ago
All the doctors I know are workers for a corporation now, upper middle class. The days of a private practice professional class of doctors owning their own business is mostly gone. Those that did cried poverty at what medicare paid. Dentists are an exception because insurance companies haven't destroyed them yet.

ta1243 3y ago

Do you work to survive? Do you get paid a salary in exchange for an hour/week/year's work? Then you're working class, literally. Do you not work, just get your income from investments and portfolios? Then you aren't working class.

JW_00000 3y ago
Surely everyone earning over $100k is investing some of that?

DanHulton 3y ago

This is just class infighting, though. If you don't own the capital, you're labour. Yes, some labour is paid better, sometimes much better! But if you can be fired, you're labour, and fighting with other labour is counter-productive. Instead of scrapping with someone who makes twice your wage for half your work, we should all be scrapping with those who own the capital, who are profiting from our labour, who even allow for such crappy jobs in the first place. We should ALL be paid well and have respectful work accommodations.

readthenotes1 3y ago
If you make $400k/yr, you are a fool if you have not invested the large surplus. And that investment is the capital for someone else's business. And you don't have a large surplus at that salary, you are also a fool.
- birdyrooster 3y ago
  You are missing the entire point that it doesn't necessarily have to be this way and use it to finger wag a straw man.

pydry 3y ago

It's still people who own vs. people who earn. Those people on 400k are on the same side of the capital divide as people who work at Starbucks. Hedgies are trying to take a cut of both of their wages so they can buy more cocaine. Obviously theyd prefer us to think we're special little creative snowflakes who don't need union membership like a common old factory workers. Or Tom Cruise. Or the hollywood writers who just won a massive victory.

beebmam 3y ago

Working class means that you are earning a wage/salary and you don't own the means of your value production. Small businesses typically aren't working class, whereas sports professionals typically are working class. If you want to talk about income levels, "working class" isn't a term you should be using; it's too big of a bucket.

jtc331 3y ago
The problem with this definition is that even CEOs at big tech giants don't own the company (in the vast majority of cases).
- beebmam 3y ago
  Very valid point. One could extend this definition such that: When someone has enough wealth to make a comfortable living passively, they're no longer working class. I think that should sufficiently account for this.

schlauerfox 3y ago

All the doctors I know are workers for a corporation now, upper middle class. The days of a private practice professional class of doctors owning their own business is mostly gone. Those that did cried poverty at what medicare paid. Dentists are an exception because insurance companies haven't destroyed them yet.