America Has Become A Three-Caste, Medieval Economy

The larger income inequality becomes, the more contentious our discourse

Peter Shanosky
Marker

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A peasant wedding in The Middle Ages — Public Domain by Pieter Bruegel on Wikimedia Commons.

It’s interesting how thoughts can come to you. Watching the Superbowl, specifically the ads contained in the broadcast, I was struck by two things. The first was the abundance of crypto advertisements, reminiscent of the late 90s or early 2000s. Does anybody else remember pets.com? It stood out to me.

The second was that so many of these products, particularly the car/travel commercials, are for products that are very out of reach for a large chunk of the country. BMW ads, the “all-new” Chevy Silverado (with the most basic model starting at $40,000), exotic vacations, etc. I consider my household to be fairly comfortable and, by the numbers, we’re very fortunate. Even so, I’m still not in the market for any of this stuff. That’s how I know I’m in caste #2.

The Superbowl itself is separated into three groups: people who can sponsor it, people who can afford to attend it, and the rest of us. This is nothing new; America’s long been separated by a class structure in ways many would rather not admit. But it’s gotten much more pronounced. In recent years, I think our bottom rung has essentially become an ignored underclass. They’re trodden upon and then quickly forgotten.

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Peter Shanosky
Marker

Former commercial lender enjoying a less stressful existence. Writing on macro issues and micro impacts. Fiction novel coming soon.