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The great Indian middle class.


uttermost

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18 minutes ago, princeofheaven said:

99 lakhs assets unnodu and gudise lo unnodi life and quality of life lo pedda farak undadu. Veediki regular ga food untadi anthe migatha struggles antha same to same

absolutely wrong. You need to identify the differences between "nice to have" and "must have" things. 99 lakhs asset people will consider themselves poor even though they have all the must haves. This is exactly why there is huge disparity in wealth distribution. People couldn't differentiate must haves and nice to haves

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Just now, Kool_SRG said:

ooko vaa ikkada paina 5 crs ke kallu telestunte nuvvu malli penchestunnav amantam 15-20 crs ani @3$%

I think they are calculating this based on middle class life in US. 

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1 minute ago, Kool_SRG said:

ooko vaa ikkada paina 5 crs ke kallu telestunte nuvvu malli penchestunnav amantam 15-20 crs ani @3$%

5 Crs ante lower middle class ani eppudo DB lo chepparu ga

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There is no such thing as middle class. They are the folks who think they have everything when they see pan-handlers but then think they have nothing as soon as they see rich people. They are the most confused people. 

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5 minutes ago, uttermost said:

so you should stop claiming 'middle class' as some marker of social worthiness. you are not middle class. you can call yourself the employed class.

 

2 minutes ago, Batman_fan said:

There is no such thing as middle class. They are the folks who think they have everything when they see pan-handlers but then think they have nothing as soon as they see rich people. They are the most confused people. 

yourock

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11 minutes ago, Batman_fan said:

There is no such thing as middle class. They are the folks who think they have everything when they see pan-handlers but then think they have nothing as soon as they see rich people. They are the most confused people. 

yourock

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13 minutes ago, Batman_fan said:

There is no such thing as middle class. They are the folks who think they have everything when they see pan-handlers but then think they have nothing as soon as they see rich people. They are the most confused people. 

there is such a thing as middle class for statisticians, policy makers, and politicians.

 

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1 minute ago, uttermost said:

there is such a thing as middle class for statisticians, policy makers, and politicians.

 

Yes, just the name. But each one has his own definition. 

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1 minute ago, Batman_fan said:

Yes, just the name. But each one has his own definition. 

lets see median household income in the US - around $50k.. so that class calls itself middle class.

In India it should be around $4k - 20k rs month. and this is in the cities (with around 30% urbanization). But people who make this amount don't consider themselves middle class. they consider themselves lower middle class. they don't drive policy decisions.

Ofcourse US middle class also doesn't drive policy decisions (after Ronald Reagan), because the country has a buffer zone until which it can afford to fall. India doesn't have it. It hasn't even started, and we already have pretenders for the middle class slot that use it in every discussion to show themselves as more authentic.

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1 minute ago, uttermost said:

lets see median household income in the US - around $50k.. so that class calls itself middle class.

In India it should be around $4k - 20k rs month. and this is in the cities (with around 30% urbanization). But people who make this amount don't consider themselves middle class. they consider themselves lower middle class. they don't drive policy decisions.

Ofcourse US middle class also doesn't drive policy decisions (after Ronald Reagan), because the country has a buffer zone until which it can afford to fall. India doesn't have it. It hasn't even started, and we already have pretenders for the middle class slot that use it in every discussion to show themselves as more authentic.

even in India also the middle class does not drive policy decisions it is mostly the corporate-politico nexus elite

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