Is a sizeable middle class (50-60-% of population), a natural product of a Capitalist society?

Is a middle class bigger than a relatively few percent of the population, an artificial creation? It seems that in every country ruled by Capitalist elites that never had a "New Deal"-type installation of social programs, poverty dominates and there is a small middle class. Is America's large middle class an artificlal creation via the Democratic-Socialist policies from the New Deal? Does unfettered Capitalism naturally create anything but a SMALL middle class?

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  • Don Lockman
    published this page in Ask Prof. Wolff 2017-02-03 04:19:10 -0500