The coming collapse of the middle class

Via Lambert at Corrente comes this hour long lecture that is required listening (though if you can just listen and not be riveted in front of the screen you are a stronger woman than I am. I was going to listen to this while I cleaned the kitchen. But the sink is still full of dishes)

Pay attention to the end where she talks about the rainbow. My favorite anthropology professor has been saying forever that the idea of a middle class is false. We are all at the bottom of the heap. But we keep this ideal as a way to separate and elevate ourselves into those that have nothing and those that have little. Humans like their hierarchies.

But we, the poor, are not so different from you. We are just luckless.