U.$. assets statistics demonstrate class structure

United $tates Federal Reserve Bank data for 1998 just 
analyzed show that 56% of households headed by people over 
age 45 in the United $tates have assets over $100,000. In 
fact, even counting youth households, 42% of all households 
have assets over $100,000.

MIM is the only organization calling itself Marxist-
Leninist or Maoist in the imperialist countries which calls 
a majority of the population of Western imperialist 
countries petty-bourgeoisie. Other organizations live in 
dogmatist denial or opportunist social-chauvinism. They 
believe that it is necessary to kiss up to the oppressor 
nation so-called workers who are in fact a petty-
bourgeoisie.

In fact, this petty-bourgeoisie also despises the so-called 
communists kissing up to them with tall tales of economic 
catastrophe. The imperialist country middle-classes can see 
that these phony communists have no grip on reality.

Note: Washington Post in Boston Globe 29July2001, p. e5.