Struggle for economic stability among lower classes from "summary" of The New Class Conflict by Joel Kotkin
The economic stability of the lower classes has long been a contentious issue in modern society. As the middle class continues to shrink and the gap between the rich and the poor widens, those at the bottom of the economic ladder find themselves increasingly marginalized and disenfranchised. One of the main reasons for this struggle is the changing nature of work in the modern economy. Traditional blue-collar jobs that once provided a stable income and benefits have been increasingly replaced by low-wage service sector jobs with little security or room for advancement. This shift has left many working-class individuals struggling to make ends meet and unable to save for the future. Furthermore, the rising cost of living, particularly in urban areas, has put additional strain on lower-income families. Housing costs, healthcare expenses, and education expense...
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