middle class

Woman protesting against the poor quality of the town’s water supply in Standerton, South Africa © Jan Truter via Flickr (CC BY-NC-ND 2.0)

South Africa & Brazil: Haunted by Success

As the emerging markets of Brazil and South Africa struggle, both countries are starting to realize that their development agendas lack a long-term perspective. The new middle classes will bear the greatest costs of this failure. These are trying times for Brazil and South Africa, the southern members of the BRICS grouping of emerging nations that also […]

© m a c s f via Flickr (CC BY-NC-SA 2.0)

The Tyranny of the Establishment

Asia’s growing middle-income population flexes its political muscle. Yet, reactionaries among them stand in the way of democratization, as recent developments in Thailand and Indonesia have shown. If forecasts are anything to go by, Asia will account for two thirds of the global middle class population in 2030. Whereas investors and businesses already did the math and […]