SchwartzReport: Asia Owns the Future — Two Thirds of Global Middle Class in Asia by 2030

02 China, 03 Economy, 03 India, 04 Indonesia, 08 Wild Cards, 11 Society, Civil Society, Commerce, Commercial Intelligence, Cultural Intelligence, Government
Stephan A. Schwartz
Stephan A. Schwartz

As this report spells out, “By 2030, Asia-Pacific countries will comprise nearly two-thirds of the global middle class, dwarfing the projected one-fifth for Europe and North America combined.” Along with climate change this is one of the great geopolitical meta-trends that will define the 21st century.  In the U.S., one has to also add The Emerging White Minority Trend. And yet you will find barely a mention of this anywhere in corporate media. Why is that do you think? Austerity economics and deregulation have virtually destroyed the American middle class, certainly made it a shadow of its former self. In those European countries which embraced Austerity Economics a similar process has been going on. At the same time India, China, the Asia-Pacific nations, are creating a middle class that will dwarf its White counterpart. Power will shift. Our intransigence  concerning climate change, means leadership will go elsewhere, and will increase the speed of this transfer. We are going into a different world. And because profit is our only cultural priority, we are doing it rather badly.

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