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Showing posts with the label middle class

Economic tussle between classes?

     Traditionally when differentiation and privatisation of property was taking place, there were only two classes i.e. the bourgeoisie and proletariat (haves and have nots). Gradually capitalism took root along with industrialisation and increased the gap of separation aggravating the inequality. Slowly there was a need for a middle class in order to bridge the gap between the haves and have nots.       This group includes a vast number of people from diverse backgrounds ranging from teachers, doctors, scientists, managers, engineers, etc. to name a few. This class of people earned through their power of intellect. Today the numbers of the middle class have increased manifold times and includes a vast amount of population wherein again further differentiation has occurred and given rise to lower and upper middle class. Education has helped people to transit from the working class to the middle class. This transition has been smooth for some and rough for others.      Now let's lo