"The shrinking of the middle class is not a failure of capitalism. It’s a failure of government. Capitalism has been doing exactly what it was designed to do: concentrating wealth in the ownership class, while providing the mass of workers with just enough wages to feed, house and clothe themselves. Young people who graduate from college to $9.80 an hour jobs as sales clerks or data processors are giving up on the concept of employment as a vehicle for improving their financial fortunes: In a recent survey, 24 percent defined the American dream as “not being in debt.” They’re not trying to get ahead. They’re just trying to get to zero." via Kari Humphrey
Posted on: Sat, 21 Sep 2013 22:23:57 +0000
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