Middle class | Wikipedia audio article
Channel: Subhajit Sahu
Date: 2018-11-28

This is an audio version of the Wikipedia Article:
Middle class

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SUMMARY
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The middle class is a class of people in the middle of a social hierarchy. The very definition of the term "middle class" is highly political and vigorously contested by various schools of political and economic philosophy. Modern social theorists - and especially economists (with widely divergent open and hidden political motivations behind their arguments) - have defined and re-defined the term "middle class" in order to serve their particular political ends. The definitions of the term "middle class" therefore are the result of the more- or less-scientific methods used when delineating the parameters of what is and isn't "middle class".  
In Weberian socioeconomic terms, the middle class is the broad group of people in contemporary society who fall socio-economically between the working class and upper class. The common measures of what constitutes middle class vary significantly among cultures. One of the narrowest definitions limits it to those in the middle fifth of the nation's income ladder. A wider characterization includes everyone but the poorest 20% and the wealthiest 20%.In modern American vernacular usage, the term "middle class" is most often used as a self-description by those persons whom academics and Marxists would otherwise identify as the working class which are below both the upper class and the true middle class, but above those in poverty. This leads to considerable ambiguity over the meaning of the term "middle class" in American usage. Sociologists such as Dennis Gilbert and Joseph Kahl see this American self-described "middle class" (i.e. working class) as the most populous class in the United States.