You have former Eastern bloc countries who places like Poland or that suddenly are growing rapidly and people's standards of living are rising. India, less so in Africa. But even there you're seeing progress. But there was a catch because This was all driven by global capital. And that was that created what some economists refer to as a winner take all economy in the sense that if you had high skills, you already had capital, you had advantages, you had education, you could leverage that and do even better. (20:27–20:29)
CLAIM
Asserts that globalization and economic growth were driven by global capital.
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