Summary Of Ratios By Gregory Mantsios

Gregory Mantsios debunks four myths about American class status: it is a classless structure, is essentially a middle-class nation, gets richer yearly, and everyone has an equal opportunity to succeed. He further proceeds to explain why each of these myths contradict each other and have no real credibility. He particularly focuses on how the middle class is not growing bigger, but is in fact declining, along with the income that they are receiving. He also brings up that race, class, and gender are closely interrelated. Capitalism rules the United States’ economic standing, so it is “a system based on private rather than public ownership and control of commercial enterprises, and the class division between those who own and control and those