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Money and Finances
Reply to "The Social Class Ladders—Labor, Gentry, and Elite"
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[quote=Anonymous][quote=Anonymous]There's a lot of social mobility in this country, at least moving from top to bottom. On my Dad's side, several GG Grandparents were fancy New York E1s -- mansions on 5th ave, country estates, membership in elite clubs and Mrs. Astor's 400, etc -- but I'm now a G2 at best. Same for my wife. Some of my cousins and connections are still E1s, but some have slipped to hybrid G4/L1 status. My Dad still considers himself to be an E, but his financial and living situation is more like an L (which happens when you quit work in your 40s to spend down inherited capital...). [/quote] There's always social mobility downwards, not so much upwards. And I truly doubt your Dad would be accepted by fellow L's if he went up to them and tried to gripe about being unable to afford the country club anymore, however similar their current financial situations may be. Many of these classes don't even have to do with money, but with actual background, mindset, etc. [/quote]
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