Adonis Diaries

Archive for October 16th, 2010

The lower middle class (LMC) in a capitalist system is recognized to be the most virulent and potent economic force that can pressure political institutions into drastic reforms.  The LMC has tasted the fruits of consumerism economy and is not going back to the previous conditions of humiliation, indignities, and starvation by all means possible.

LMC represents 70% of the internal buying power of consumerism goods and services and is targeted by credit card companies to accumulating debt on purchases at 20% interest rate.  LMC families constitute 50% of the population and over 60% of the work force.  LMC is mostly educated at the high school level and enjoys health care benefits and wants to acquire its first home.  The rank and file of the military machine is composed of mostly LMC citizens.  Basically, the military is a political institution meant to quickly absorb unemployed LMC in period of economic downturn and to releasing them to the workforce pool in the rare economic upturns.

Let me clarify how I comprehend class structure in capitalist system in order to drive my point through.  The lowest class  of the downtrodden, the illiterate immigrants, and the daily workers at kept at the 20% level of the population and used for the daily maintenance and upkeep of the system at the minimum wage: The lowest class is considered as the “Black slaves” (regardless of color)  by the elite oligarchic class of the disgustingly richest 1% hoarding 30% of the total wealth of the nation.

The middle class (divided among the lower, middle, and upper) middle classes represent 70%  of the population;  the lower middle class (LMC)  constitutes 70% of the middle class sections.  The richest class of 10% hoards 50% of the wealth of the nation and view the LMC as the “White slaves”.  When a government claims that unemployment has reached say 10% it means that the lowest middle class is suffering most of the unemployment rate of 6%; given that the daily workers are not factored in the statistics.

For example, if we say that at least 70% of the “working people” are from the middle class (divided among the lower, middle, and upper) middle classes and that 70% of the middle class are represented in the lower middle class section then, at least 4.9% of the unemployed are from the lower middle class (for example: 70%*70%*10%) or more accurately 6% of the active workforce.  The other 4% of the unemployed are constituted from all the other classes (excepting the 10% of the richest class:  Its amassed wealth works for them instead of actually producing wealth)

When a government starts drastic cut in the budget (except the military: It goes without saying) it affects primarily the lower middle class, since the 20% of downtrodden are already suffering at the bare minimum, are needed for the daily maintenance of the society, and cannot contribute to taxes.  Actually, the class of the downtrodden feels helpless and waits for the middle class to begins marching revolts and to join it and scare the richest class and their political, security forces, legal, and law institutions for a short while.  When unemployment jumps to 20%  it affects 12% of the lower middle class then, serious problems await the power-to-be in capitalist systems:  This number of 10% of unemployed lower middle class is a critical turning point for serious upheaval and revolts.

Are you interested how capitalism identifies you?  For example, in which economic class you are categorized for being watched closely? For example, the potential level of danger for destabilizing an exploiting system during economic downturn and how you are getting organized to adjust it to a fairer political representative system?  First, check the statistics of the medium yearly income of all the population in the nation.  The medium statistics means that half the population is below the medium and the other half earn above the medium.  The medium yearly income is smack  within the lower middle class category.   The range of the LMC is from 20% below medium and 20% above the medium.

The primary purpose of most of the new Federal security agencies (over 295 created since 2002) is not for tracking terrorist activities as publicly announced but to keeping track of internal activities of the lower middle class citizens; they are in fact backing up the FBI for keeping files on the virulent elements and organizational ability.   The Federal agencies want to research the trends and mood of this dangerous class during economic downturn and political upheaval.

In economic downturn and high unemployed citizens the Federal government or Centralized government has two options, both of them directly related to safeguarding the interest and privileges of elite 10% richest class.  Either the elite class is cornered to ceding privileges and extending fairer representation proportional to class number; or venturing into some sort of wars (which is the norm) in order to absorb the overflow of unemployed in the military and creating an illusion of  economic health and recovery by supplying the military campaigns.

Depending on the seriousness of unemployed LMC, wars can be expansion wars, preemptive wars, or what is called national wars such as “The nation has declared war” on Spain, Japan, Germany…  More on these facts in the next article since the advent of industrial capitalist age that consolidated its power on the economic and social structures.

It is to the advantage of most of the citizens in capitalist society that effective unemployment increases to beyond 20%  in order for serious reforms to be considered and enacted in forms of laws and financial institutions control, restrictions, and constraints. (to be continued)

Advertisements

adonis49

adonis49

adonis49

October 2010
M T W T F S S
« Sep   Nov »
 123
45678910
11121314151617
18192021222324
25262728293031

Blog Stats

  • 1,333,119 hits

Enter your email address to subscribe to this blog and receive notifications of new posts by email.adonisbouh@gmail.com

Join 682 other followers

Advertisements
%d bloggers like this: