members of the middle class are railing against a stagnation 8 27 17

The conventional wisdom is that, in many places across the developed world, members of the middle class are railing against a stagnation or even decline in their standards of living. According to this view, a toxic mix of globalization, immigration, automation, inequality, nationalism, and racism can fuel the frustrations that encourage voters to punish “establishment” ideas and politicians. The “middle class” is, of course, a category encompassing billions of people worldwide, many of whom do not consider themselves frustrated or aggrieved. Some poor and rich voters alike voted for Donald Trump in the U.S. and for Brexit in the U.K., and middle-class people voted in large numbers against both. But it’s also clear that in rich countries, and especially in the United States, middle-income earners constitute the largest constituency of voters that is hurting economically.  …

read more at https://www.theatlantic.com/international/archive/2017/08/global-middle-class-discontent/535581/?utm_source=atltw

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