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by lbreakjai 10 days ago
Believe it or not, but not every software developer is making 7 figures annually with a few millions in vested shares. Even within the US.
1 comments
tptacek 10 days ago
I see, the line between "working class" and "upper class" is $999,999 in total comp.
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lbreakjai 9 days ago
The clue is in the name. Working class doesn't mean you earn more than average and have some savings. You're working class if you live from your work rather than your capital.

My household income is in the top 0.7% in the Netherlands, yet I'll never accumulate enough capital to stop working, so I'm working class.

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tptacek 9 days ago
You've axiomatically derived a definition of "working class" that includes software developers in the top 0.7% of regional income. Gorgeous.
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lbreakjai 9 days ago
115k€ gross, that gives you about 67k€ net. 5600€ per month. Minus a 2200€ mortgage, 400€ of health insurance, 1200€ of childcare, 200€ for the car repayment and insurance, 200€ for the water/electricity/internet and 800€ of groceries, that leaves me with a whopping 600€ per month.

My class interests are infinitely closer to a part-time starbucks barista than they are to a millionaire.

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tptacek 8 days ago
Yeah, you and the Youngstown tool and die workers, it's hard to believe the class solidarity wasn't more obvious to me.
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