Marx Is Back
►http://www.foreignpolicy.com/articles/2014/01/21/marx_is_back_global_working_class
Put simply, this means that within the space of hardly a generation, a good chunk of the world will soon be rich, or at least solidly middle class. According to forecasts I’ve developed with my Center for Global Development colleague Sarah Dykstra, about 16 percent of the Earth’s population lives in countries rich enough to be labeled “high income” by the World Bank. If growth rates continue as they have in the past decade, 41 percent of the world’s people will find themselves in the “high income” bracket by 2030. In short, if developing countries continue growing at the rate we’ve seen recently, inequality among countries will shrink — and inequality within nations will return as the dominant source of global inequality.