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🚨🚨 THREAD TIME 🚨🚨
let's talk about the differences between income, wealth, and class
tl;dr: income is earned, wealth is bought, and class is inherited
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so if you work for 2,000 hours and are paid $40,000 in a year, that's income
OR if you have a $1,000,000 stock portfolio with a 5% return rate and cash out $40,000 of it, that's income too (fucked, right?)
that could be owning a house and land worth $150,000
or owning a small business with $150,000 in assets
or owning $150,000 worth of stocks
wealth is the investments that are themselves accruing value
in the united states we use a lot of weird doublespeak to avoid talking about the proletariat, the petit bourgeoisie, and the bourgeoisie directly
proletariat ~ working class
petit bourgeoisie ~ middle class
bourgeoisie ~ upper class
it isn't.
https://t.co/GEpWyuxuhQ
if you have $400,000 in income but no wealth, you aren't middle class. you're working class
even if you make enough money to acquire capital and secure your wealth, YOU will never be bourgeoisie, because your parents weren't.
you'll still dress wrong, talk wrong, enjoy the wrong things. they'll still see you as less-than.
that's why the bourgeoisie have such an interest in obscuring who and what they are--they don't want you to realize you'll never become them, that their system is fundamentally nepotistic.
capitalism only exists on the broken backs of working people. there are no good capitalists, just like there were no good slave masters.
they can't actually make us work. we can liberate ourselves. we can stop this by putting down our tools and refusing to cooperate.
