British middle class splits in two | FT World

[@kristinesharp6286]

I find this hard to believe. The country needs enough housing being built to accommodate all and built at 3x the earnings of those buying. Not people abroad who won’t be living in them. Otherwise you have the government paying inflated prices on housing a few people while everyone struggles. People should be able to have a basic 3 bd one bath terraced house or semi and 2-4 kids. If that isn’t the norm the gov has failed.

[@jacmar44]

Lawyers, Bankers? Some very high ranking ones, presumably. Most lawyers are not particularly well off, same thing with most ordinary bank employees. Yes, people in investment banking or the magic circle will be making a lot, but most lawyers deal with petty squables and divorces and earn little.

[@chrisgodberartist]

My mind heard 0:38 as "then there are the Klingons" instead of cling-ons at first haahah

[@shmoolicious]

That's the point.

[@mariahsmom9457]

Same here! 🤣🤣

[@KINGCABA-if4nk]

Invasion of middle classes income

[@colindoherty1891]

The bubble will burst Tory austerity cuts will bite us. When the interest rates rise many people will not be able to afford the mortgage repayments. Wages have not kept up with inflation. This equals real problems for a lot of people

[@lexijames9413]

Some things never change! I just watched a video about Victorian social structure and it’s the same thing as this!!

[@jamesliston5693]

There is no middle class only working class and owner class

[@DeusShaggy]

Do not accept that the consequences of economic reform are simply conecidental, those with power and wealth plan all aspects of their own wealth management down to the exacting details.

[@donaldtelfer8468]

This was uploaded in 2014. It is 2017 here, Denmark, in the past nine years about 75% of Nordea Bank's physical branches have closed. That suggests to me that by now 75% of the branch managers, and most of the branch staff, are otherwise employed or redundant. The commentator also was saying (in 2014) that lawyers were gaining ground financially, but now (2017) there is an expectation that lawyers also are becoming redundant vis-a-vis routine legal work, and for routine legal work they will be replaced by AI. One further detail is that a former head of Barclays is now at some risk of being imprisoned.

[@DoFeedThePigeons]

This is the biggest pile of bollocks I’ve ever heard there Is either rich or poor middle class does not exist anymore

[@coopsnz1]

Big government killed middle class , introducing socialism policy. Small business owners are in middle class

[@ayaanayub6590]

The government is sooo bad. Kick the torys out

[@fdcx1852]

Middle class is 5mins away in harpenden

[@michellesamuels7558]

There’s Royalty, Wealth, and Commoner. Wealth are the Upper Middle, and some Middle Class. The rest are Commoners, some Middle Class and Working Class. Royalty or Commoner. As seen on Game of Sultans advertisement.

[@jesseleeward2359]

Not neccesarily royalty. The gentry are people affiliated with land without a title

[@michellesamuels7558]

@@jesseleeward2359 That’s what I meant by wealth.

[@KINGCABA-if4nk]

And you forgot the nobility - both peerage and gentry. New money/noveau riche which is becoming rich in this area. Then upper middle class six-figure ppl

[@martintozer8501]

Thumbs down. That last sentence did it for me: "Just keep being cling ons!".

[@theduke6174]

I'm a medical student, hopefully i can say in the upper middle class and push higher. As a child, my family all lived in one room. Now we climbed the economic ladder, so it's not only being born into privilege, but education + hard work pays off.

[@mattiascarson1386]

Statistically its impossible for everyone to make it into the middle class. Access to quality education and having the opportunity to work hard in things that are likely to pay off are very different concepts. For a medical student you are not showing critical thinking skills by making the opinion you have. Part of what this video is highlighting is how bad unfair the system is. I hope you do well however I have the feeling you will realise that you will only get so far because you weren't cut from the same cloth. I know many Medical professionals who are my friends and they complain about how seperate they are. The working class professionals for some reason have to work twice as hard to beat the more culturally fitting middle class just because they have that relatability factor to the educated elite.

[@ThinkAbstract]

Since when are the engineers cling on?

[@theduke6174]

Depends on the type of engineer

[@kynchan3332]

The rich borrow money to buy assets and businesses to make more money. Debt becomes the slave of the rich. The poor use debt to survive or to buy distractions. The middle class use debt to pay off their house, to maintain a state of comfort and further use debt to fund niceties like holidays and to appear rich. Both the middle class and poor abuse the use of debt. Both have far too much consumer debt and as such become slaves to that debt. Both the middle and the poor suffer to extremes when they lose their work because they rarely have any income to cover the gaps. The rich don't particularly care as they have many incomes, losing one source is not usually so devastating.

[@ianedmonds9191]

It seems owning capital is the winning strategy in a capitalist society. Ideally inheriting it. Tell me again why capitalism is the fairest model?

[@kynchan3332]

@@ianedmonds9191 True capitalism allows you to sell whatever you have, usually your labour or products you make, without restriction. The freedom is a massive advantage whether you have capital or not. When rules and regulations are added to curtail trade, to prevent people from entering the market and otherwise confer an advantage to one group and not another that is not true capitalism.

[@harryjosan2241]

good documentary sarah neville !!!!!!!!

[@ayaanayub6590]

There’s too many people

[@ianedmonds9191]

Calling people like teachers, engineers and architects Klingons makes me want to vomit. These people actually benefit society. Bankers certainly don't and don't dare come out with the argument that these financial instruments they deal in create wealth. They don't. They just worm their way into everyday society so that when it's revealed they are worthless and the emperor has no clothes the government is forced to bail them out at massive cost to the teachers, engineers and architects and everyone else in society. The deregulation of the financial sector is the worst thing ever to happen to the world.

[@coopsnz1]

More regulatons on banks socialist idiot

[@ianedmonds9191]

@@coopsnz1 I don't understand your comment. What are you saying?

[@Abel-ft1tv]

It is what it is. Professors and engineers no longer earn what they used to. Inflation pushed people back. There is no middle class. There those that own and those who are owned

[@atozer2547]

Interesting, even the estate agent is a closet snob.

[@union310]

One doesn't believe this to be correct.

[@eddyeroyal6024]

Things change.

[@annwardley5136]

Very interesting When we left the UK in 1972 to live in Ontario we found much to our delight there is no class system here. I only met one Ontario snob she was from Bouremouth People we worked with were so helpful, our strong accents were thought cute and not common as muck LOL ex pat Sheffield

[@mks8172]

Just build bigger housing that costs more along with land plots along affordabke house building.

[@preferreduser6601]

Speaking of Klingons...

[@thomasucc]

Funny , poor, poorer , rich and richer. I am getting richer.

[@KINGCABA-if4nk]

Me and u both.

[@AF-xt6xk]

British government for you

[@Dayborne]

I’m quite happy about those system.

[@Berzerk-cr2cy]

Lmao imagine even having a house

[@dilibau]

This woman looks absolutely creepy.

[@amyclarke41]

I am middle class and am chav as anything

[@blue_cameron]

disgusting

[@faktumstream1beatz335]

It takes two to make a thing go ri-ight

[@mariahsmom9457]

Klingons?