During the 1980s, Peter Glotz coined the powerful phrase “the two-thirds society”. He wanted to warn his fellow German Social Democrats  about accepting a political and social landscape in which the two-thirds majority that had attained affluence and stability forgot to listen to and represent the remaining third. The financial crisis that hit Europe even more than the US in the 2010s (and Italy more than almost all other countries of the Union), coupled with growing inequality, has crippled the middle classes pretty much everywhere.

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