

Good points. As to whether PMC is a class, I think no, because it has neither independence as a class, nor any tendency toward a future independence. Contrast this with the bourgeoisie in the feudal era, who by the force of commerce had an ascendant trajectory and increasing autonomy on the basis of private property. The most that any proletarian, be they PMC or the lowest paid worker, can hope for, is a rise to bourgeois class position.
However it remains critical to analyze this fraction of the proletariat because their interests are somewhat detached from the broader class. From the small amount I’ve read on this topic, I don’t really agree with one attitude that seems to moralize about whether the wages are deserved or if the PMC do “real” work. They still do work, far more work than the bourgeoisie for sure.
The rise of the PMC in my opinion is not hard to understand if one looks less at what the workers themselves are doing, and instead examines what capital is doing. Here I would say that the emergence of the PMC is intrinsically tied to the emergence of monopoly finance capital, and global neoliberalism more generally. People focus too much on the numerical salary of a doctor, when the focus should be why it costs hundreds of thousands of dollars to be educated as a doctor in western countries. The secondary education system is highly extractive of rent, and this has effects like the divergence of wages depending on education. Economic rent is part of the equation before the PMC workers ever sign a contract. Furthermore there is the financial speculation I mentioned before, which has two purposes. One, it helps the stock price and the image of the company if their labor force is highly paid, because it upholds a narrative that the product is impossibly complex and worthy of the (patent protected) license fees etc. Secondly, and apart from this whole situation is a problem, that there is an excess of capital that needs somewhere to go, and highly speculated stock prices are a sink for this. So irrationality is a necessary part of the process, not something to be corrected from the pov of the capitalist class.



















Literally this emoji