Globally, not locally. I've read Factfulness and felt profoundly inspired by Hans Rosling's insights, but he's talking about the nations who are catching up, no

Globally, not locally. I've read Factfulness and felt profoundly inspired by Hans Rosling's insights, but he's talking about the nations who are catching up, not the nations at the top. I suspect what happens is that nations climb out of the steady-state of poverty, and into the steady-state of fully modern economies, and the growth rate ceases. At that point, the powers in control of the flow of money become ever more sophisticated at directing any growth to themselves, until we see roughly 100% of all post-inflation growth going to a tiny minority at the top. I don't know how to fix this, but I think it's a reasonable observation of the source of the problem.