The Middle Class Dilemma The wealth that has been built up in a lifetime cannot be passed on

Mondo Social Updated on 2024-02-12

The biggest difference between the middle class and the rich is that the foundation of the business that the middle class has worked so hard to build cannot be passed on to their descendants. While the middle class tends to have a middle to high income, a large part of which comes from their skills and expertise, there is no way to pass these things on directly to their children.

If the children of the middle class have average education and qualifications, even if their father is the vice president of the head office, the principal of 985 or the dean of the top three, they are embarrassed to pave the way for them or install them in important positions. In the system, like an organ or public institution, layers of examination and selection are processes that must be processed.

If the children of the middle class are not well educated, they will not be able to get into excellent universities, and it will be difficult for them to even enter second-class hospitals, schools in second-tier cities, or banks. In contrast, wealthy people own businesses or other assets that can be passed down from generation to generation.

As a result, the middle class faces a real problem: although they are doing well at the moment, their wealth and status can disappear at any time, and this uncertainty makes it difficult for them to shake off their anxiety.

The wealth and status of the middle class are more precarious than those of the wealthy. Wealthy people often own industrial or other assets that can be passed on to their descendants, providing them with a better starting point and social status. The middle class, on the other hand, often relies on their own hard work and cannot pass on the foundation of their careers directly to the next generation, and their children have to rely on their own ability and luck to compete for social resources.

In addition, middle-class children may face more pressure on education and employment. Positions within the system often require a series of examinations and selections, and if the children of the middle class do not have a good educational background or academic qualifications, it will be difficult for them to enter excellent universities or competitive positions, which may limit their development opportunities.

These uncertainties and pressures make it difficult for the middle class to shake off their anxiety. Although they are currently living well, they are at higher risk and their wealth and status could disappear at any time. As a result, they need to be more cautious and diligent in managing their finances and career development to keep themselves and their families stable and safe.

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