The world we live in separates the people into three distinct groups.
Nope, I am not talking about the differences in skin color.
Nope, I am not talking about the differences in height and weight.
And no, I'm definitely not talking about the differences in nationality.
We are living in a world where something is setting the standards; something is acting as the "separator" that divides us into three different groups. Wealth is what's keeping us connected, but ironically, it's also what separates us into the three different groups below:
The 3 Classes
The people who are in the upper class are the millionaires and billionaires. They are the minority as per the 20/80 rule.
The middle class refers to people in the rat race. Employees who have to work in order to feed their families and enjoy a comfortable life with vacations occasionally.
The lower class refers to people who are under high pressure to survive; they are either unemployed or working with minimal wage; they have nothing to spare for luxuries and entertainment.
The Middle Class is Shrinking
Technology is the catalyst that's driving the current recession. If you think about it, the people who are deeply affected by the economic crisis is the middle class!
The rich (e.g. board of directors) is cutting the costs by letting people go through extensive layoffs. The poor is not really affected since they are already struggling anyways.
That leaves the middle class, the people in the rat race, to suffer the most during the economic crisis.
The Lower Class is Expanding
Now people can't just disappear. If the middle class is shrinking, the people have to go somewhere.
There are people in the middle class who aren't affected by the recession; they get to keep their jobs, their salaries; they get to remain in the middle class.
There are people in the middle class who find this recession as an opportunity and find their ways to become members of the upper class.
For the people who are not able to jump to the upper class realm and also not able to remain in the middle class, they become members of the lower class.
What about the Upper Class?
There are people in the upper class who are not able to keep up with technology and the web; they drop out of the upper class realm and, most likely, become members of the middle class.
As previously mentioned, there are people from the middle class becoming members of the upper class. The size of the upper class remains intact, and you will see why below.
The Line that Divides the Rich and the Poor is Growing
If you picture the 20-80 rule as if the rich is the 20% of the population, and the rest, 80%, is the mixture of both the middle class (the average) and the lower class (the poor). Let's say the 40% is the middle class and 40% is the lower class.
Soon that will look something like this...
Eventually (ideally), the middle class completely disappears, presenting the perfect illustration of the 20-80 rule.
Will the Middle Class disappear?
No. The middle class will most likely not disappear. Well, at least not in my life time. This is because there will always be two types of people in the world - the employers and the employees. Employees are paid differently; there are supervisors and managers, and there are regular employees.
If you picture it like this:
- The Upper Class - Employers and Company owners
- The Middle Class - Supervisors and Managers
- The Lower Class - Regular Employees and the Unemployed
With technology and the web:
- We need less and less supervisors and managers to manage the same amount of employees. Therefore, the middle class shrinks.
- We need less and less employees to do the same amount of tasks. Therefore, the number of unemployed people increases.
Ok, so what now?
Don't look at the pie charts above. Look behind the pie charts and find what's really causing the pie charts to change forms - technology and the web.
Whether if you are a business owner or an employee, we all have to keep up with technology and the web to avoid becoming obsolete.
What do you think?
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