Comment by sershe
3 months ago
"Metrics like these are meaningless when the working class' living condition keeps deteriorating."
1) what is working class? 2) what proof do you have that its "living condition keeps deteriorating"? By all metrics - including disposable income after housing etc - its living conditions keep improving.
And problems like housing are caused by parts of the "current system" that are the most non capitalist - zoning and other local regulation, in particular, the result of the 70ies revolution towards safetyism and more direct democracy. When Moseses and Leavitts made all the decisions with their concentrated government OR commercial power, housing was plentiful. When FDA was approve-by-default medicine was cheap (although obviously that is not the only factor). Etc.
The things on the list either just have nothing to do with living conditions or welfare state, or if they do to an extent have little to do with the "current system"
EDIt: or just plain wrong; https://taxfoundation.org/data/all/federal/top-1-percent-tax...
> 1) what is working class?
Thanks, now I have no need to give you the benefit of the doubt because I know for sure that you aren't arguing in good faith.
Hence I'm not going to waste any more time in this discussion.
Why is that? Definition of working class can range from near everyone with a job to a lower stratum under the middle class to even more narrowly manufacturing and similar.
Nice cope out though. At least I provided some data and not just fact free vibes.
> At least I provided some data and not just fact free vibes
Without realizing that the “data” contradicts your point despite only starting in the second Reagan term (hence entirely missing the point).
If you want to get actual data, see Saez and Zucman.
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