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Cate Blanchett, like most Australians, thinks she’s middle class. An expert on class explains why that matters (theconversation.com)
submitted 1 month ago by [email protected] to c/[email protected]
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[-] [email protected] -1 points 1 month ago

I broadly agree with you. But the reason lifestyle is the metric I use, is because it transitions between economies.

Somebody living in a subsistence economy, in an undeveloped part of the world, would see the average Australian household income as an absolute positive boon that nobody could possibly attain. relative to this person, all of Australia is wealthy beyond compare.

When you factor in cost of living, maintaining that lifestyle, it tends to shuffle out in terms of how long somebody can support themselves without working.

this post was submitted on 31 May 2024
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