Saturday, September 21, 2013

Middle class is a glitch of evolution



In human history, middle class is born during industrial age. Due to a shortage of educated people due to the industrialization burst, the middle class was born. With the increased level of education all over the world, technology, arrival of women in the job market and globalization, finding educated people is less and less a constraint.

Due to the simple law of demand and supply, a strong middle is not required anymore. Humanity will slowing go back to its default rich and poor distribution over time. The global trend of education fees increase seems to be a way to make the transition smoother for the declining middle class. What is worrying me the most is the increase proportion of useless people in the world due to the shrinking number of jobs available due to technology. The equilibrium might come from the demographic slowdown. The future will be quite challenging. Middle class seems to be a glitch of humane evolution. Only financial education can save the middle class. Without a strong educated middle class, democracy (even as imperfect has its now) can't survive. There is no democracy without a strong middle class and it is up to the middle class to decide of its destiny. Capitalism has create the middle class but his pushing intrinsically for it disappearance.


Middle class is not required anymore 
IF strong middle class then Democracy is possible. Which explain why democracy is slowly disappearing.

 

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