Let us review some basic concepts before we go further with this argument. Social class is a group of people who rank closely in property, prestige, and power. Within these social classes exist some properties of class level that are characteristic of their ranking. The first of these is property. Property consists of furniture, jewelry, bank accounts, and other materials that can be quantified into monetary value. (Henslin, 2014) Basically, they are things that can be quantified to add up in quantified value end up un a sum of monetary value. This value is termed wealth. This is different from income. Income is known as the flow of money. Prest...
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... degree is no longer worth the degree it stems from in fiscal terms.
With both a decreasing capability to move out of the lower class, and a decreasing size of the middle class, it has become really difficult for anyone on moving into the lower end of society to become successful in social mobility. The lower middle class no longer has the capability of moving up into the upper middle class of American society. On top of that, it is seeing its own class diminish slowly. Social mobility, the main component of the American Dream, has been all but eliminated at this point. It has been skewed as to the upper tier of society remaining the only people capable of stability and mobility within society. Income and property have both been skewed towards the upper tier of society. Hence, the American dream is one that is slowly becoming one that must be afforded and not earned.
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