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Pretty Much - I seem to remember an Economist article talking about how the 2000's saw some of the largest gains for the middle class globally, with China's mid
by bduerst 6y ago
Pretty Much - I seem to remember an Economist article talking about how the 2000's saw some of the largest gains for the middle class globally, with China's middle class being one of the contributing factors.
But you're right, jobs are not zero sum either. They create new jobs, which in turn create other new jobs, and so forth. If they didn't, we'd all pretty much be unemployed except for farmers.