• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
MagazineSpecial Report

‘Unfinished Business’: The Struggles of a Shrinking Middle Class

By
Clifton Leaf
Clifton Leaf
Down Arrow Button Icon
By
Clifton Leaf
Clifton Leaf
Down Arrow Button Icon
December 20, 2018, 6:30 AM ET
Courtesy of Unite Here

In March 1961, John Davenport, a venerable writer who for years sat on Fortune’s erstwhile “board of editors,” wrote a nearly 6,000-word feature for the magazine titled, “In the Midst of Plenty.” Its premise was straightforward: Although poverty in the U.S. had been eased substantially in the previous generations, there were still 32 million Americans living “below the line,” as Davenport put it.

“To diminish poverty has always been the American business—the business of the individual, the corporation, private philanthropy, and, by changing means, the business of government,” he wrote. Such a mission was very much in the service of the nation’s ideals, and also of Fortune’s.

Read: The Shrinking Middle Class: By the Numbers

This is the publication, after all, that dispatched writer James Agee and photographer Walker Evans to chronicle the hardscrabble life of sharecroppers in Alabama—the story that ultimately became the book Let Us Now Praise Famous Men, though it never appeared in the magazine’s pages. This is the brand that sent a writer in 1932 to investigate a nationwide epidemic of dilapidated housing; and that, in 1989, assigned John Huey—a charismatic Southern journalist who would later sit atop Fortune’s masthead and, thankfully, hire me some years later—to write a thoughtful and enterprising feature on how to win the war on poverty. The notion that “American poverty” persisted, in spite of what was then the longest peacetime economic expansion in history, “stands as the nation’s most conspicuous failing,” Huey wrote.

Funny how history repeats itself.

These stories were neither “left” nor “right”; for all the shock of the subject matter, Fortune’s frequently conservative writers and editors offered (mostly) nongovernment remedies and feared the specters of regulation and aggressive redistribution. The magazine’s primary roles, rather, were to probe, to scrutinize, and to stand witness.

That, indeed, is the spirit that motivates this issue’s powerful special report on the shrinking middle class. The effort brought together the talents of 19 writers, five editors, three copy editors, 12 photographers (in 12 different cities), three photo editors, four video producers, two illustrators, two designers, and one data visualization artist—51 people in all.

But in that phenomenally talented and tireless crowd, there is one who stands out—and that’s Fortune digital editor Andrew Nusca, who conceived of this important editorial conversation months ago and, with a keen eye and intellectual rigor, guided the army of journalists above from start to finish.

Read: The Shrinking Middle Class: Tales From New York City

The story, at its heart—as with all the other great features cited above—isn’t really about the dividing lines of class and wealth; it’s about a nation’s soul. As John Davenport wrote in 1961, “the continuing struggle against distress is still the great ‘unfinished business’ of America.”

I’m so grateful I can count on my brilliant Fortune colleagues to carry on the work.

A version of this article appears in the January 2019 issue of Fortune, as part of the story “Unfinished Business.”

About the Author
By Clifton Leaf
See full bioRight Arrow Button Icon

Latest from the Magazine

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest from the Magazine

Have a strong brand in a world of noise—it’s like having the only red T-shirt in a stadium full of white ones
MagazineVolvo
Have a strong brand in a world of noise—it’s like having the only red T-shirt in a stadium full of white ones
By Kamal AhmedApril 2, 2026
9 hours ago
9 reasons AI isn’t going to take your job (yet)
MagazineAutomation
9 reasons AI isn’t going to take your job (yet)
By Gary MarcusApril 1, 2026
1 day ago
As AI reshapes the office, the Fortune Best Companies to Work For are doubling down on the most human perks
Magazine100 Best Companies to Work For
As AI reshapes the office, the Fortune Best Companies to Work For are doubling down on the most human perks
By Orianna Rosa RoyleApril 1, 2026
1 day ago
America and Europe have taken different routes on trying to ‘control AI.’ The results are stark
Magazineregulation
America and Europe have taken different routes on trying to ‘control AI.’ The results are stark
By Francesca CassidyMarch 31, 2026
2 days ago
Ken Griffin wants to reshape Miami—and maybe American politics
MagazineKen Griffin
Ken Griffin wants to reshape Miami—and maybe American politics
By Shawn TullyMarch 31, 2026
2 days ago
Credit card annual fees are soaring past $800. Here’s why people keep paying them—even as perks are harder to come by
MagazineCredit cards
Credit card annual fees are soaring past $800. Here’s why people keep paying them—even as perks are harder to come by
By Jeff John RobertsMarch 30, 2026
3 days ago

Most Popular

Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
By Fortune EditorsApril 2, 2026
11 hours ago
Current price of gold as of April 1, 2026
Personal Finance
Current price of gold as of April 1, 2026
By Fortune EditorsApril 1, 2026
1 day ago
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
Success
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
By Fortune EditorsMarch 31, 2026
2 days ago
Current price of oil as of April 1, 2026
Personal Finance
Current price of oil as of April 1, 2026
By Fortune EditorsApril 1, 2026
1 day ago
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
Economy
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
By Fortune EditorsMarch 30, 2026
3 days ago
Deutsche Bank asked AI if it’s true that AI will solve the economy’s inflation problems. The robots answered
Economy
Deutsche Bank asked AI if it’s true that AI will solve the economy’s inflation problems. The robots answered
By Fortune EditorsApril 1, 2026
23 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.