“While you can say that the problem of the middle class in the rich countries is too much globalization, the problem of the people who are very poor is really that they are not included in globalization. For them, the success of their own countries at becoming part of this international division of labor would be good news.” PeopleCountryProblemPoorRichLaborBe GoodMiddle ClassGlobalization Author:Branko Milanovic
“The middle class in the rich countries is where the political game is being played. They are voting in elections in the U.S., U.K., France and Germany. They are working people in the upper part of the global income distribution. They might on average be happy that the Chinese are doing well, but they are not happy that the Chinese are doing well relative to them.” PeopleCountryPoliticalRichElectionChineseVotingMiddle ClassRelativeNot Happy Author:Branko Milanovic
