economist.com - 2/13/2009
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THE crowd surges back and forth, hands above heads, mobile-phone cameras snapping one of Brazil’s best-known samba bands. It could be almost anywhere in Latin America’s largest city on a Saturday night. But this is Paraisopolis, one of São Paulo’s notorious crime-infested favelas (slums). Casas ...
economist.com - 2/13/2009
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First Time in History: 50% of World is Middle-Class
CARPE DIEM —
... For the first time in history more than half the world is middle-class—thanks to rapid growth in emerging countries (see chart above). Read about it in The Economist article "Burgeoning Bourgeoisie." ...
From where comes hope?
SCSUScholars —
I was reflecting on a new Economist article on the middle class today and thought to relate this to an article in the local paper on St. Cloud residents from India and their reaction to Slumdog Millionaire. One of the people interviewed in the Economist article is Surjit Bhalla, who is doing research in New Delhi on the emerging middle class there and has written a review, The American in Slumdog. I have been somewhat surprised at all the hoopla surrounding this India-based film, in India. Too much poverty — what, know you ...
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The True Middle Class
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