Is the middle class unsustainable?
>>1313236
Under pure market conditions yes because r > g, where the return on capital accumulation naturally outstrips the rate of growth, fueling income inequality which creates a negative feedback loop of suppressing aggregate demand, creating economic deflation, creating more inequality which exacerbates the problem.
The only way to create a sustainable middle class is with state-interventionism. Otherwise your society ends up like the other 99% of human societies: conspiratorial oligarchy.
>>1313263
that's not true, the middle class can invest in the stock market and property as well
The only reason they still exist is because of debt and low interest loans
>>1313271
It doesn't make any difference in the long run: rising income inequality actively harms society, suppressing demand, and gradually restricting the middle class's ability to make such purchases and locking them in a deflationary spiral. Some can find intermediate term success with prudent investing strategies, but in the long run R outstrips G and that means there simply isn't enough growth in the stock market or real estate to satisfy ANY society unless there is government mandated capital redistribution.
The middle class is a myth.
>>1313468
I'm middle class
>>1313236
How big a middle class?
There will always be a group of relatively well educated people able to maintain a respectable existence between common laborers and the elite. The problem of a dying middle class mainly comes when you put skilled labor in the same group. That probably is not sustainable
Yes, that is capitalism. That model cannot sustain because it is not cyclical, both parties cannot benefit, there is an imbalance. What it creates is a market where you are either accumulating money, or losing it. This is what will eventually lead to the disappearance of the middle class, the collapse of capitalism, and the resurrection of a rudimentary economy based on trading of goods and services and the disappearance of consumerism.
always
The "Middle Class" as it is so poorly defined in the United States, is a temporary phenomenon. This Middle Class can only exist during periods of labor shortages but high demand. These periods cause the status and wages of Labor to rise.
The real Middle Class always exists and is sustainable. These people are the high education professionals(doctors, lawyers, bankers, etc) and the business owners.
