A new age of the worker will overturn conventional thinking
Around the rich world, wage gaps are shrinking
Few ideas are more unshakable than the notion that the rich keep getting richer while ordinary folks fall ever further behind. The belief that capitalism is rigged to benefit the wealthy and punish the workers has shaped how millions view the world, whom they vote for and whom they shake their fists at. It has been a spur to political projects on both left and right, from the interventionism of Joe Biden to the populism of Donald Trump. But is it true?
This article appeared in the Leaders section of the print edition under the headline “Blue-collar bonanza ”
Leaders December 2nd 2023
- Putin seems to be winning the war in Ukraine—for now
- A new age of the worker will overturn conventional thinking
- How America should manage the next stage of the Gaza war
- What the world must do to tame methane
- What does Henry Kissinger’s diplomacy have to teach the world?
- Germany is in a bizarre fiscal mess of its own making
From the December 2nd 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
Lessons from the failure of Northvolt
Governments blew billions on a battery champion. Time to welcome foreign investors instead
How to make a success of peace talks with Vladimir Putin
The key is robust security guarantees for Ukrainians
Javier Milei: “My contempt for the state is infinite”
Argentina’s president is idolised by the Trumpian right. They should get to know him better
Tariff threats will do harm, even if Donald Trump does not impose them
The risk of a trade war is uncomfortably high
Peace in Lebanon is just a start
Donald Trump must build on Joe Biden’s belated success
From Nixon to China, to Trump to Tehran
Iran is weak. For America’s next president that creates an opportunity