A global tipping point: Half the world is now middle class or wealthier

Something of enormous global significance is happening almost without notice. For the first time since agriculture-based civilization began 10,000 years ago, the majority of humankind is no longer poor or vulnerable to falling into poverty. By our calculations, as of this month, just over 50 percent of the world’s population, or some 3.8 billion people, … Continue reading A global tipping point: Half the world is now middle class or wealthier