Part 1/10:
Unpacking Globalization: Who Really Benefits?
Globalization has been one of the defining hallmarks of the late 20th and early 21st centuries, fundamentally reshaping economies worldwide. A recent analysis of income growth between 1988 and 2008 highlights a stark reality: while hundreds of millions in China ascended to the middle class, lower middle-class Americans reaped little benefit, and the wealthiest 1% experienced astounding income growth. This dichotomy offers key insights into electoral outcomes and economic policies in the United States.