Image by Beverly & Pack via Flickr One of the elusive questions in the United States surrounds what it means to be rich and upper class in America. The reality is that very few people actually know what defines upper class or "rich." For starters, "the rich" have greater wealth and influence in society. They also overwhelmingly dominate corporate America and maintain a disproportionate influence over other institutions. Sociologists estimate that the wealthiest one percent of Americans have a net worth of at least $1 million. There are also a lot of conflicting statistics as to … [Read more...]
Upper Class Life Style- An Insight
February 5, 2011 By Leave a Comment
We all have seen various magazines and emails displaying celebrity lifestyles. The opulence and the extravaganza shown in these magazines are out of the world for an average man. Many middle class families can only dream of living in a mansion or a spacious bungalow. The amount of money spent on interiors of these mansions is greater than the annual income of at least 5 middle class families. Upper class life style is based on the principle of displaying wealth. These individuals are insecure about their positions and hence want to display their wealth and gain a firm footing in the so … [Read more...]