--- title: "Meaning & Key Takeaway of: In the course of the twenty-first century…" description: "\"In the course of the twenty-first century what may be called the \"capital wage\" could be added to the labor wage and the social wage, so that middle-cl..." image: "https://sms4smile.com/quotes/i/cfb/michael-lind-42817_affluent_in-the-course-of-the-twenty-first-centur_1507256.jpg" --- # In the course of the twenty-first century what may be… ![“In the course of the twenty-first century what may be called the "capital wage" could be added to the labor wage and the social wage, so that middle-class Americans - not merely an affluent minority - might derive income from three sources rather than just two.” quote by Michael Lind](https://sms4smile.com/quotes/i/cfb/michael-lind-42817_affluent_in-the-course-of-the-twenty-first-centur_1507256.jpg) [Download](https://sms4smile.com/quotes/i/cfb/michael-lind-42817_affluent_in-the-course-of-the-twenty-first-centur_1507256.jpg) [Open image](https://sms4smile.com/quotes/i/cfb/michael-lind-42817_affluent_in-the-course-of-the-twenty-first-centur_1507256.jpg) > “In the course of the twenty-first century what may be called the "capital wage" could be added to the labor wage and the social wage, so that middle-class Americans - not merely an affluent minority - might derive income from three sources rather than just two.” [Michael Lind](https://sms4smile.com/quotes/author/michael-lind/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Adding a “capital wage” to labor and social wages could give middle‑class Americans three income streams, reducing reliance on a single source. **In simple terms:** A third income source could stabilize middle‑class finances. Key Takeaway Consider diversified income. Themes economics inequality policy Mood analytical concerned Type policy economic When to use this quote - tax policy - financial planning - public debate Key Concepts income diversification social safety net wealth building Questions to Reflect On - What obstacles exist for a capital wage? - How would it affect wealth gaps? A Different Perspective Implementation may be politically challenging and complex. ★ ★ ★ ★ ★ No ratings yet [Affluent](https://sms4smile.com/quotes/about/affluent/) [Capital Wage](https://sms4smile.com/quotes/about/capital-wage-2518026/) [Century](https://sms4smile.com/quotes/about/century/) [Class](https://sms4smile.com/quotes/about/class/) [Courses](https://sms4smile.com/quotes/about/courses/) [Economy](https://sms4smile.com/quotes/about/economy/) [Firsts](https://sms4smile.com/quotes/about/firsts/) [Income](https://sms4smile.com/quotes/about/income/) [Income Sources](https://sms4smile.com/quotes/about/income-sources-5540155/) [Labor](https://sms4smile.com/quotes/about/labor/) [Liberalism](https://sms4smile.com/quotes/about/liberalism/) [May](https://sms4smile.com/quotes/about/may/) [Middle](https://sms4smile.com/quotes/about/middle/) [Middle class](https://sms4smile.com/quotes/about/middle-class/) [Might](https://sms4smile.com/quotes/about/might/) [Minorities](https://sms4smile.com/quotes/about/minorities/) [Politics](https://sms4smile.com/quotes/about/politics/) [Social](https://sms4smile.com/quotes/about/social/) [Social Wage](https://sms4smile.com/quotes/about/social-wage-5540154/) [Source](https://sms4smile.com/quotes/about/source/) [Three](https://sms4smile.com/quotes/about/three/) [Twenties](https://sms4smile.com/quotes/about/twenties/) [Two](https://sms4smile.com/quotes/about/two/) [Wage Middle](https://sms4smile.com/quotes/about/wage-middle-5540153/) [Wisdom](https://sms4smile.com/quotes/about/wisdom/) ## Related quotes > [Money could not be converted into capital if wage labour did not exist.](https://sms4smile.com/quotes/david-harvey/money-could-not-be-converted-into-capital-if-wage-labour-did-not-exist/) [David Harvey](https://sms4smile.com/quotes/author/david-harvey/) > [If capital produces most of the economy's wealth and income is distributed on the basis of productive input, the individual can hardly reach his…](https://sms4smile.com/quotes/louis-o-kelso/if-capital-produces-most-of-the-economy-s-wealth-and-income-is/) [Louis O. 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Gardner](https://sms4smile.com/quotes/author/john-w-gardner/) > [Developed and benefited from the unsustainable patterns of production and consumption which have produced our present dilemma. It is clear that current lifestyles and…](https://sms4smile.com/quotes/maurice-strong/developed-and-benefited-from-the-unsustainable-patterns-of-production/) [Maurice Strong](https://sms4smile.com/quotes/author/maurice-strong/) > [From the clayey soil of northern Wyoming is mined bentonite, which is used as filler in candy, gum, and lipstick. 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Gardner](https://sms4smile.com/quotes/author/john-w-gardner/) > [When I first began visiting West Germany in the early 1980s, I was startled by the contrast between Birmingham, where I went to school,…](https://sms4smile.com/quotes/luke-harding/when-i-first-began-visiting-west-germany-in-the-early-1980s-i-was/) [Luke Harding](https://sms4smile.com/quotes/author/luke-harding/) > [The American people are extraordinarily comfortable, affluent, and secure. It's easy for us to make the argument that God's purpose is being fulfilled through…](https://sms4smile.com/quotes/walter-russell-mead/the-american-people-are-extraordinarily-comfortable-affluent-and/) [Walter Russell Mead](https://sms4smile.com/quotes/author/walter-russell-mead/) > [“It rankled her that people richer than she were so often less worthy and attractive. More slobbish and louty. 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Self worth is more affluent than net worth.”](https://sms4smile.com/quotes/sravani-saha-nakhro/integrity-is-more-significant-than-income-honor-is-more-opulent-than/) [Sravani Saha Nakhro](https://sms4smile.com/quotes/author/sravani-saha-nakhro/) > [It's amazing how people can get so excited about a rocket to the moon and not give a damn about smog, oil leaks, the…](https://sms4smile.com/quotes/cesar-chavez/it-s-amazing-how-people-can-get-so-excited-about-a-rocket-to-the-moon/) [Cesar Chavez](https://sms4smile.com/quotes/author/cesar-chavez/) [Browse all 164 Affluent quotes ](https://sms4smile.com/quotes/about/affluent/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "In the course of the twenty-first century what may be called the \"capital wage\" could be added to the labor wage and the social wage, so that middle-class Americans - not merely an affluent minority - might derive income from three sources rather than just two.", "creator": { "@type": "Person", "name": "Michael Lind" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/michael-lind/in-the-course-of-the-twenty-first-century-what-may-be-called-the/", "about": { "@type": "Thing", "name": "Affluent" }, "@id": "https://sms4smile.com/quotes/michael-lind/in-the-course-of-the-twenty-first-century-what-may-be-called-the/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/cfb/michael-lind-42817_affluent_in-the-course-of-the-twenty-first-centur_1507256.jpg", "contentUrl": "https://sms4smile.com/quotes/i/cfb/michael-lind-42817_affluent_in-the-course-of-the-twenty-first-centur_1507256.jpg", "url": "https://sms4smile.com/quotes/i/cfb/michael-lind-42817_affluent_in-the-course-of-the-twenty-first-centur_1507256.jpg", "width": 1080, "height": 1080, "caption": "“In the course of the twenty-first century what may be called the \"capital wage\" could be added to the labor…” — Michael Lind", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Michael Lind", "item": "https://sms4smile.com/quotes/author/michael-lind/" }, { "@type": "ListItem", "position": 4, "name": "In the course of the twenty-first...", "item": "https://sms4smile.com/quotes/michael-lind/in-the-course-of-the-twenty-first-century-what-may-be-called-the/" } ], "@id": "https://sms4smile.com/quotes/michael-lind/in-the-course-of-the-twenty-first-century-what-may-be-called-the/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```