Prunebutt , 4 months ago A lot of people in upper middle class choose to work to accumulate more wealth. Then they're the owning class. The middle class has no coherent definition AFAIK. And “as a way to exert power” is may be true for some, but not for all of them. It's probably true for most of them. Accumulating more wealth to buy a house to rent out counts as accumulating power to exert it as a rent-seeker.
A lot of people in upper middle class choose to work to accumulate more wealth.
Then they're the owning class. The middle class has no coherent definition AFAIK.
And “as a way to exert power” is may be true for some, but not for all of them.
It's probably true for most of them. Accumulating more wealth to buy a house to rent out counts as accumulating power to exert it as a rent-seeker.