{{ **Mudsill theory** is the proposition that there must be, and always has been, a [lower class](https://en.wikipedia.org/wiki/Social_class#Lower_c...) or [underclass](https://en.wikipedia.org/wiki/Underclass) for the [upper classes](https://en.wikipedia.org/wiki/Upper_classes) and the rest of society to rest upon.

The term derives from a [mudsill](https://en.wikipedia.org/wiki/Mudsill), the lowest threshold that supports the [foundation](https://en.wikipedia.org/wiki/Foundation_(architecture)) for a building. }}

[Mudsill theory - Wikipedia](https://en.wikipedia.org/wiki/Mudsill_theory)

Thom Hartmann explains:

https://youtu.be/wRTjtjc18Q0

From a macroeconomic perspective, a wage & salary worker can only move up if he's able to avoid all the skim, scam and fraud that takes his wages, and then makes an early exit to the "leisure-class taxation regime" that favors investment income and inherited wealth.

https://retireearlyhomepage.com/minimizing_the_ski...

Perhaps the most startling example of this dynamic is the WSJ article that explained how Warren Buffett made his investors insanely wealthy by merely not screwing them.

https://www.wsj.com/finance/investing/theres-more-...

intercst

Retirement Investing FAQ

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