Why the Middle Class Matters
The 22 statistics that you are about to read prove beyond a shadow of a doubt that the middle class is being systematically wiped out of existence in America. – Business Insider
The trouble with democracies, Aristotle explained, is that their conceptions of justice are invariably limited ones: “In democracies, justice is considered to mean equality. It does mean equality – but equality for those who are equal, and not for all.” The vagueness of the term and the failure of its employers to apply it judiciously ensure that injustice will be done in the name of equality. Despite their weaknesses, however, democracies tend for one important reason to be a more stable form of government than oligarchies: because of “the character of their middle class, which is more numerous, and is allowed a larger share in the government, than it is in oligarchies. Where democracies have no middle class, and the poor are greatly superior in number,” Aristotle warns, “trouble ensues, and they are speedily ruined.” – “Wise Men Bearing Gifts,” F.R. Duplantier
