I’ve heard that the middle class doesn’t exist, but I’ve also heard that the rising middle class was necessary for capitalism. Is there a principled definition, because China seems concerned about growing their middle class.
What does it mean to you, I guess?
The bourgeoisified proletariat: imperial core workers that are elevated above the rest of the working class by being high up on the value added production chain and by the redistribution of imperialst superprofit through investments and properties.
Their access to other means of wealth accumulation besides labor (and their very high wages besides) allow them to acquire even more investments/properties and even have a reasonable expectation to move up the class ladder (become a business owner or landlord, etc).
They have a bourgeois culture, bourgeois lifestyles, and bourgeois politics. However this “class” is artificial, it was created to maintain labor peace and it’s collapsing because the empire is collapsing.