The Uprising of the Global Middle Class
What might a farmer in Iowa, a graphic designer in Chile, a pensioner in the U.K., and an assembly-line worker in China have in common? They are members of a socioeconomic class that includes people whose supposed frustrations have helped fuel dramatic political events in some places—whether it’s the election of Donald Trump, violent protests, or Brexit—and could well do the same even in closed societies like China.
wisdom is that, in many places across the developed world, members of the middle class are railing against a stagnation or even decline in their standards of living. According to this view, a toxic mix of globalization, immigration, automation, inequality, nationalism, and racism can fuel the frustrations that encourage voters to punish “establishment” ideas and politicians. The “middle class” is, of course, a category encompassing billions of people worldwide, many of whom do economically.
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