The world is split into two kids of people: the ones that have managed to take advantage of the massive financialization of the world, and the ones who haven’t.
> the ones that have managed to take advantage of the massive financialization of the world
This group is further split into two kinds of people: Those who had an opportunity to take advantage of the massive financialization of the world, and those who weren't afforded that opportunity.
The world was even more divided in the past. When I went to China in 1983 the GDP per capita per year was $285. Even adjusted for inflation they were poor. No more really. Trade and the internet have leveled things up.
My comment sounds overly cynical but I fully agree with you, there’s been so much progress in getting people out of poverty world wide. Yes there’s a big gap in wealth but it’s probably the smallest it has ever been on average, and way more people have their basic needs met than ever before.
