Expected and not unprecedented, sure. But still, a pretty big change as far as recent history goes. Certainly new in the post-industrial-revolution world. Inco

Expected and not unprecedented, sure. But still, a pretty big change as far as recent history goes. Certainly new in the post-industrial-revolution world. Income inequality seems indeed like a big issue. When discussing rising inequality in China, authors describe it as "quickly approaching Latin American levels of income inequality". I am from Mexico. I can tell you that reaching that bar is not a good idea. Also, I am sure that is one of plenty of challenges, not the only one by any measure. Still, given past performance and historical precedent, developing past those challenges is, as you say, expected and not unprecedented. Also, as far as I understand, income inequality within nations is quickly rising all over, but global income inequality is in general narrowing because of the gap between developed and developing countries closing, no?