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Reply to "Where do you draw the line between upper middle class and upper class?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Private jets and yachts vs commercial air travel and cruises[/quote] So basically upper class = 0.1% and upper middle class = the next 19.9%? [/quote] Agreed[/quote] See, I disagree. There's a huge difference between say the 80th percentile and the 97th percentile. 20% (or any double digit percentage) is too large to be called in any sense "elite" in any sense, but 0.1% or even 1% is too restrictive. There's definitely a more elite professional segment that isn't quite 1% but very high cultural capital, cosmopolitan, may have some social ties to the wealthy and a fair amount of capital even without being a "capitalist." Think of an Ivy League educated tenured professor/lawyer couple vs. say a high school teacher/registered nurse couple who went to nonflagship state schools. [/quote]
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