3 ms·
The return of an upwardly mobile middle class? I do wonder if the collapse of middle class growth isn't thermodynamic. The countries that have enlarged their m
by api 6y ago
The return of an upwardly mobile middle class?
I do wonder if the collapse of middle class growth isn't thermodynamic. The countries that have enlarged their middle classes have done so by saying "fuck the environment, we're poor" and burning cheap coal with no scrubbers. It makes the air filthy and fuels climate change, but it is high energy return on energy invested (EROEI).