Analysis Quote by Immanuel Wallerstein
“The second reason why we haven't observed the growing gap is that our historical and social science analyses have concentrated on what has been happening within the 'middle classes' - that is, to that ten to fifteen percent of the population of the world-economy who consumed more surplus than they themselves produced. Within this sector there really has been a relatively dramatic flattening of the curve between the very top (less than one percent of the total population) and the truly 'middle' segments, or cadres (the rest of the ten to fifteen percent).”
About This Quote
Source Book: World-Systems Analysis, 1974
The quote argues that focusing on middle‑class consumption hides the widening gap between the ultra‑rich and the rest of society.
In simple terms: Middle‑class focus obscures rich‑poor divide.
Look beyond middle‑class data to see true inequality.
Themes
Mood
Type
When to use this quote
- policy making
- economic research
- social activism
- media reporting
Key Concepts
Questions to Reflect On
- How does focusing on the middle class distort our view of inequality?
- What data would reveal the true gap?
Middle‑class data may not capture extreme wealth concentration.