See, that’s why I bolded the part about also owning a business; sheer capital accumulation wasn’t viewed as the defining factor, since how you accumulated it was an important consideration as well. I’d be the last to deny that social status and wealth are strongly correlated (and in fact, and in earlier post on this page, I admitted as much), but they are not identical, in my view.
Yes! Landowning and labor, not possession of actual wealth. These are certainly economic quantities, and one presumes that he who owns land is most likely fairly well off, while he who is a laborer is most likely not. But this is not something that must be the case; as mentioned, selecting any random member from the aristocracy, the middle class, and the working class, it is entirely possible that the laborer is wealthier than the member of the middle class, or that the middle class member is wealthier than the aristocrat, even though on average the economic status will reflect the social status.
In a situation in which you have a hereditary aristocracy, defined not necessarily by “rich” but by “having the appropriate blood” or “being from the right family,” the connection between wealth and social status is blurred substantially.
And that, I posit, it what happens here. Social status is determined to a large extent by wealth, especially as the vestiges of the feudal class system vanish more and more, but there is still an idea of “breeding” somehow, if I may use a rather nebulous term. One would consider, for example, the Kennedy family to be upper class; one would probably not consider Eminem or a lottery winner to be in the same category, despite their obvious wealth. And further, viewing things through my lens as a modern American, I see a stronger connection between the two than I think would be seen by a Victorian Briton.
This is, of course, not particularly relevant to the debate, and in the larger sense that of course the absolute poorest people of today are not better off than the comfortable of yesteryear, I agree with you. I don’t know that this is particularly relevant either, as what Sam pretty clearly meant is that the working poor of today are provided with vastly more comforts than the working poor of a century ago, and are even better off in some way than the middle class of that same time frame. This, I think, is pretty much indisputable.