3 ms·

I don't believe that it is the divine right of the middle class of one country to live better lives than other people, simply because of location. Besides, glo

• bobby_9x 11y ago
  "Besides, globalisation will overall increase the total wealth of the poor + middleclass combined." It won't really increase the overall wealth of the middle class. It will pull wealth away from the middle class to pay the poor at a cheaper rate. This is what's happening right now and why people in the tech industry are so upset by it. It's a form of global wealth redistribution. I also don't think the middle class has any divine right. They just need to start preparing for job loss and overseas competition.
  • UK-AL 11y ago
    Trade has ability to create wealth. If we increase global trade, it will also increase the total wealth available to the poor + middle class. Some portion of the surplus value will also go to rich providing the capital.