Comment Re:This is not the problem (Score 2, Interesting) 688
...very recent history is starting to show companies can make plenty of money just catering to the upper middle class...
It always was ever thus. Companies like Rolls Royce, Gucci and most of the retailers in the West End of London make money only from the affluent. The same could be said for owners of cruise liners, managers of hunting estates and wealth fund managers. In fact, most of the economy works by supplying goods and services to the rich.
On the other hand, many people make a living from the poor. Developers of social housing, discount retailers and energy companies are just a few examples of very large businesses that make a tidy living from selling stuff to people who are lower down the income scale.