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Money and Finances
Reply to "The DC Legal Proletariat Isn't Rich - the Bourgeoisie Is"
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[quote=Anonymous]I don't ascribe to Marxism entirely nor do I think his points can be entirely dismissed. In the words of the immortal and undefeated Montgomery County Executive Marc Elrich: "Capitalism is an 18th century ideology, Marxism is a 19th century ideology, we are in the 21st century, why haven't we moved beyond two outdated ideas?" :D The bourgeoisie and proletariat here and in most of the US is between the people who work for a living and people who own things for a living. A salaried professional who earns $150K has more in common with a service employee who earns $45K than an asset owner who brings in $500K to millions+ with various sources of passive income. You have to have capital to make capital (and, it's taxed less, because the Dystopian States of America). Rich people will say any smart person can earn passive income and own assets, but that's BS. It's either the rare, rags-to-riches American Dream fantasy that some people are still deluded enough to believe in which yes involves hard work but also being in the exact right place at the exact right time, but more likely, it's from generational wealth, connections, and insider knowledge. [/quote]
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