Source: Fortune
Summary
A recent survey of Democratic Socialists of America (DSA) members found that 13% were white-collar workers, while only 4% were blue-collar workers. Despite having higher education levels and incomes, many members reported feeling economically anxious. A separate survey found that 51% of Americans believe capitalism is not working well, and a majority of six-figure earners report feeling financially anxious. The DSA has seen an increase in membership and political support, with many members citing economic struggles as a reason for joining.
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The numbers tell one story.
The DSA’s membership demographics may not reflect the broader working-class Americans, but they do indicate a growing sense of economic anxiety among white-collar workers. The fact that 28% of DSA members earn $100,000 or more, yet still identify as working-class, suggests that income is not the only factor at play. The rise of anti-capitalist sentiment and the struggles of six-figure earners to make ends meet point to a deeper issue.
Gustavo Gordillo, co-leader of the DSA’s New York City chapter, said it best: “A lot of tech workers are working class.” The line between blue-collar and white-collar workers is blurring, and the DSA is capitalizing on this shift.
As the cost of living continues to rise and job security becomes increasingly tenuous, even high earners are feeling the squeeze.
The DSA’s message of economic empowerment and collective action is resonating with a broader audience, including those who may not traditionally identify as working-class.
The fact that 64% of six-figure earners believe their income is merely the bare minimum for staying afloat is a stark reminder that economic anxiety is not limited to low-income households.
Author: Evan Null
