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Mcclelland Summary

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Mcclelland Summary
McClelland elaborates about the Plethora of blue collar jobs that were available in the 1970’s. A perfect example of shared prosperity is the story McClelland’s history teacher shared with him. His student dropped out of school and began working as an electrician’s assistant and showed up a year later to show off his brand new car to his teacher. During that time period, you didn’t have to be cultured or educated to live comfortably as a middle class citizen. McClelland believes that the prosperity ended due to the lack of government oversight. In order to revive the middle class earners, the government would have to raise minimum wages, higher taxes on passive wealth, and provide benefits for workers who don’t get any benefits from the company
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