Leaders | Blue-collar bonanza

A new age of the worker will overturn conventional thinking

Around the rich world, wage gaps are shrinking

Illustration: Lisa Sheehan

Few ideas are more unshakable than the notion that the rich keep getting richer while ordinary folks fall ever further behind. The belief that capitalism is rigged to benefit the wealthy and punish the workers has shaped how millions view the world, whom they vote for and whom they shake their fists at. It has been a spur to political projects on both left and right, from the interventionism of Joe Biden to the populism of Donald Trump. But is it true?

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This article appeared in the Leaders section of the print edition under the headline “Blue-collar bonanza ”

From the December 2nd 2023 edition

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