Some time ago, I wrote an article about how ‘The Simpsons’ show is now a marker for the gradual demise of middle-class in USA. People today are often surprised that the Simpson family lifestyle, as depicted in the first 8-9 seasons of that animated show, was not only possible, but considered normal until the early 1990s- when that show debuted. However, today the idea of a guy who barely completed high school having a stable job which pays enough to support a wife and three kids, owns a modest house and a couple of second-hand cars would be considered fantasy. So what happened between early 1990s and today? How did we go from a point where a stable middle-class existence was the unquestioned norm in western countries, including USA, to one where most people have become heavily indebted precariats with almost zero chance of a better life in less than three decades? And why is this shift especially obvious in Anglosphere countries.
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On Necessity of Being a Multi-Millionaire…
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Some time ago, I wrote an article about how ‘The Simpsons’ show is now a marker for the gradual demise of middle-class in USA. People today are often surprised that the Simpson family lifestyle, as depicted in the first 8-9 seasons of that animated show, was not only possible, but considered normal until the early 1990s- when that show debuted. However, today the idea of a guy who barely completed high school having a stable job which pays enough to support a wife and three kids, owns a modest house and a couple of second-hand cars would be considered fantasy. So what happened between early 1990s and today? How did we go from a point where a stable middle-class existence was the unquestioned norm in western countries, including USA, to one where most people have become heavily indebted precariats with almost zero chance of a better life in less than three decades? And why is this shift especially obvious in Anglosphere countries.