Engineered Collapse of the Middle Class

The writing is on the wall and the elites are conducting a last-ditch operation to take it all.

Historically, the expansion of the middle class was supported by the balance of power between capital owners and labor. When labor was scarce – such as after the Black Death – the average citizen was able to negotiate better working conditions and pay.

More recently, cheap and abundant energy created an economic surplus that could support policies strengthening the middle class. However, as energy – a...