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| The Branko Milanovic–Christoph Lakner "Elephant Chart" showing global growth rates from 1988 to 2008 arranged by income percentiles, with its four major highlights: mediocre growth in red for the poorest people, or most people in the poorest countries, extraordinary growth in green for most people in the emerging economies of Asia, especially China, serious stagnation in blue for the pretty rich people of western Europe and North America in particular, and fabulous growth in purple for the global super-rich (not as fabulous as China, but keep in mind that the 1% are starting with a lot more money, ending up by 2020 with 43% of all the wealth in the world). |
This post from Nathan Newman ("Education Polarization in Elections: People Are Voting Their Class Interests"), giving me at long last a way of thinking about that "White Working Class" that makes some sense, has been sitting in an open tab on my computer for almost a month. He's looking at the same voting pattern as everybody else, but he's seeing it in the historical context of how it effectively happened that the outsourcing economy of the last 40-odd years primarily affected white workers in relatively rural areas; because that's how the distinction between workers in the growing service industries and and those in the shrinking manufacturing industries had sorted itself out in the US, where the former remained as traditional multiracial and urban, the latter came to be concentrated in
