3 ms·
Well no, a laborer in India and China cannot afford that now but more people have come out of poverty in the last 20 years than any 20 year period in history. h
by zip1234 10y ago
Well no, a laborer in India and China cannot afford that now but more people have come out of poverty in the last 20 years than any 20 year period in history.
http://www.economist.com/news/leaders/21578665-nearly-1-billion-people-have-been-taken-out-extreme-poverty-20-years-world-should-aim http://www.economist.com/news/leaders/21578665-nearly-1-bill...
- TheAdamAndChe 10y agoThat is great, a true testament to the wealth-creating power of globalization, but it doesn't change the fact that the return on labor is significantly lower than it used to be.