The Rise of the New Global Elite The new global elite are fabulously wealthy, cosmopolitan,
philanthrocapitalist, entrepreneurial, highly driven, frequently self-made, and confident they deserve their success. They are also often unsympathetic to the middle classes of the developed world. Said one senior executive:
"...if the transformation of the world economy lifts four people in China and India out of poverty [and] one American drops out of the middle class...that's not such a bad trade."
posted by shivohum
on Jan 16, 2011 -
70 comments