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Surging economic inequality following the economic crisis and the anger associated with it have resulted in a resurgence of socialist and nationalist ideas throughout the Western world, which has some economic elites from places including Silicon Valley, Davos and Harvard Business School concerned about the future of capitalism. [61]
The Black Death was the second great natural disaster to strike Europe during the Late Middle Ages (the first one being the Great Famine of 1315–1317) and is estimated to have killed 30% to 60% of the European population, as well as approximately 33% of the population of the Middle East.
Embourgeoisement is the theory that posits the migration of individuals into the bourgeoisie as a result of their own efforts or collective action, such as that taken by unions in the United States and elsewhere in the 1930s to the 1960s [citation needed] that established middle class-status for factory workers and others that would not have been considered middle class by their employments.
Figures for the death toll vary widely by area and from source to source, and estimates are frequently revised as historical research brings new discoveries to light. Most scholars estimate that the Black Death killed up to 75 million people [5] in the 14th century, at a time when the entire world population was still less than 500 million.
Black doctors, lawyers, and other businessmen were the foundation of the Black middle class. [83] Many Black people organized to help strengthen the Black community and continue the fight against slavery. One of these organizations was the American Society of Free Persons of Colour, founded in 1830.
It really is the economy, stupid. 39% of middle-class Americans say ‘money’ is their top concern versus just 4% who cite political and social issues, survey finds Paolo Confino December 19 ...
The modern usage of the term "middle-class", however, dates to the 1913 UK Registrar-General's report, in which the statistician T. H. C. Stevenson identified the middle class as those falling between the upper-class and the working-class. [13] The middle class includes: professionals, managers, and senior civil servants.
Vice President Kamala Harris rolled out her "Opportunity Economy" agenda on Aug. 16, one which she said will help the American middle class. Yet, some experts argue that some of the proposals ...