Wednesday, August 17, 2011

The U.K. Riots And The Coming Global Class War

Joel Kotkin, ForbesThe riots that hit London and other English cities last week have the potential to spread beyond the British Isles. Class rage isn’t unique to England; in fact, it represents part of a growing global class chasm that threatens to undermine capitalism itself.The hardening of class divisions    has been building for a generation, first in the West but increasingly in fast-developing countries such as China. The growing chasm between the classes has its roots in globalization, which has taken jobs from blue-collar and now even white-collar employees;...

Natalie Zea Natasha Bedingfield Natassia Malthe

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