The Economist magazine has commented on globalisation and the rise of inequality, suggesting that the imbalance is now such that a backlash is soon possible. It says that 'labour's share of GDP has fallen to historic lows' in the rich world at a time when 'profits are soaring'. The magazine emphasizes the health of the economy at the moment:
These are the glory days of global capitalism. The mix of technology and economic integration transforming the world has created unparalleled prosperity. In the past five years the world has seen faster growth than at any time since the early 1970s. In China each person now produces four times as much as in the early 1990s.
It also points out that in places like the US, wages are fairly stagnant, and that the typical top manager is now paid 110 times the average wage instead of the 40 times that it was 20 years ago. The magazine typically lacks any robust solutions apart from more of the same with an emphasis of increasing social mobility rather than economic equality.
