Half the world's population is now middle class or richer

[Jumpin]

Ka-pi96 said:

Jumpin said:

I agree with people pointing out that they don't define "Middle Class" correctly.

If you're working a wage job, you're not middle class, you're still working class.

Working Class is anyone who is on a paycheque from an employer.
Middle Class is anyone who makes the majority of their income from personally owned sources: such as investments and your other income streams.
Upper Class is anyone who has enough personal wealth that they have no need of an income to live extravagantly.

umm... that's the weirdest definition of middle class that I've ever seen. You seriously consider doctors, lawyers etc working class just because they're employed by a company that pays their wages?

My fault, I wasn't clear enough in my post. I should have said anyone working for a wage paycheque. So this would exclude the professions you've listed, they're professionals and would fall in the Middle Class since they own their means of production. Although, if by some chance you have a doctor or a lawyer who is not in control of their own practice, but instead on a wage cheque, then they would be working class - but I have never heard of such a thing, at least not in Europe since the collapse of the second world.