The Rise of the Global Middle Class

Name: The Rise of the Global Middle Class
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SKU: 9780815740322
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How the Search for the Good Life Can Change the World

By Homi Kharas

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Summary

The Rise of the Global Middle Class explores the historic growth of the middle class from its Victorian origins through to contemporary India. Author Homi Kharas examines how the middle class, soon to reach five billion globally, has driven unprecedented change but now faces challenges such as automation, environmental issues, and political unrest. The book traces this transformation with compelling examples and proposes a contemporary manifesto to address inequality, climate change, and technological progress.
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Format: Hardback

$58⁹³

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The Rise of the Global Middle Class

$58⁹³

Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

Ideal for readers interested in history, global development, economics, and social change, particularly those seeking an informed perspective on the middle class's role in shaping the modern world.

Homi Kharas looks at how the powerful dream of middle class life has captivated generations, from Victorian England to present day India, but its demands have led younger generations to ask if it is all worth it. Can the middle class continue to thrive, or will it falter under the stresses of automation, consumerism, pollution, and political strife?

Description

The middle class is the most successful group in world history. Sometime before 2030, the fifth billionth person will join the middle class. What started a little over two hundred years ago as a search for a better life has fuelled unprecedented global transformation.

In his new book, Homi Kharas examines how this powerful dream captivated generations through history, yet its demands have led younger generations to question if it is all worth it. Can the middle class continue to thrive, or will it falter under the stresses of automation, consumerism, pollution, and political strife?

The Rise of the Global Middle Class traces the history of the middle class from its origins in Victorian England to present-day India. Along the way, we meet knocker-uppers who have been displaced by alarm clocks and learn how the Chinese Communist Party drew legitimacy from its ability to enlarge the Chinese middle class.

Kharas proposes a new middle-class manifesto that addresses the pressing issues of inequality, climate change, and technological advances.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Endorsed by Ngozi Okonjo Iweala, this book offers clarity on the complex question of whether a growing global middle class benefits prosperity and stability. Praised as a great read for the historically minded and curious, Kharas provides detailed analysis from the Industrial Revolution onwards and suggests a forward-looking agenda.

Book Details

INFORMATION

ISBN: 9780815740322

Publisher: Bloomsbury Publishing Plc

Format: Hardback

Date Published: 01 November 2023

Country: United States

Imprint: Brookings Institution

Audience: General / adult

DIMENSIONS

Spine width: 24.0mm

Width: 162.0mm

Height: 232.0mm

Weight: 480g

Pages: 216

Collections

Education & Reference Finance & Economics Finance & Investment Homi Kharas Non-Fiction Science & Nature

About the Author

Homi Kharas is a Senior Fellow at the Brookings Institution, and a co-founder of World Data Lab, a company with a mission to make everyone count. An economist by training, he is a pioneer in the study of the global middle class. He has over four decades of experience working in or writing about international financial institutions, and contributed to the shaping of the UN-brokered global agreement in 2015 to pursue Sustainable Development Goals in every country and region of the world. He has worked and traveled in almost 90 countries.