Hello, I am @AmericasClass, an account dedicated to talking about the class crisis in America that is not often spoken about. I am a current student studying sociology and economics, thus as I spread awareness I will be learning along side you guys. Follow to learn with me. 📝
Did you know that the median income for African Americans is 61% of the median income for whites? The average African American family holds approximately $5,000 in wealth as compared to the $100,000 in wealth held by the average white family.
#racism#systemic#injustice#class
Are you aware there are multiple types of social mobility: vertical, horizontal, and intergenerational? Vertical is one moves up the ranks of class, horizontal is one who remain within their class, and intergenerational is class changes between generations. #economics#sociology
Did you know there are two forms of poverty: relative and absolute? Relative is poverty that is relative to those around one, while absolute poverty is when one cannot afford their basic needs such as food and water. #poverty#economics#sociology#classcrisis#injustice
Did you know there are two forms of poverty? Relative and absolute poverty? Relative is based on the economic disparity between the bottom of a society and the rest, while absolute is when one cannot afford their basic needs.
#economics#sociology#class#injustice#poverty
Below are documentaries I recommend for learning about class in the U.S.:
“Saving Capitalism,” with @RBReich on Netflix
“The Working Poor | The Price of the American Dream,” ENDEVR on YouTube
“The American Middle Class Crisis,” with Noam Chomsky on YouTube
#economics#class
Did you know that, under U.S. Law companies are considered ‘persons,’ with the means that both the Equal Protection Clause and 14th Amendment applies to them? Meanwhile, in 2010, spending money was determined a “freedom of speech,” on a 5-4 Supreme Court votes. #class#economics