> inequality globally is on the way down, which is why it's on the way up locally
Globalization helped low and middle class people in developing countries on expense of middle class westerners. But the main catch is that those gains are miniscule, the most went to the rich who profited the most of globalization - hence voting for it heavily.
Globalization helped low and middle class people in developing countries on expense of middle class westerners. But the main catch is that those gains are miniscule, the most went to the rich who profited the most of globalization - hence voting for it heavily.
https://www.ft.com/content/13603aa2-0185-11e6-ac98-3c15a1aa2...