What are the implications of a shrinking middle class on politics? 🔊
The implications of a shrinking middle class on politics are profound. As the middle class dwindles, political polarization often increases, leading to greater class divides and tensions. Political parties may shift their platforms to cater to the grievances of economically strained populations, resulting in the rise of populist movements. Additionally, a weakened middle class can undermine democratic stability by reducing civic participation and engagement, as economically marginalized citizens may feel disenfranchised. This dynamic can also lead to challenges in maintaining public services and exacerbating inequality, creating a cycle that affects long-term political decision-making.
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