Richard Reeves, in his 2017 book “Dream Hoarders,” suggests that the upper middle class has been hoarding the best educational, occupational and residential opportunities from the lower middle class, creating resentment among the latter group. If the people making $50,000 a year feel that there’s just no way for them to live in the same neighborhoods or go to the same schools as the $100,000-a-year set, they may become disaffected and resentful. In fact, this separation could eventually deal a death blow to America’s perception of itself as a middle-class society; something akin to Karl Marx’s distinction between the proletariat and the petit bourgeoisie might emerge in the U.S., fomenting social strife similar to what Marx successfully predicted in Europe.

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