
<html><head><meta http-equiv="Content-Type" content="text/html; charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div class=""><br class=""></div><div class=""><span class=""><br class=""></span></div><div class=""><div class="g" style="line-height: 1.2; margin-top: 0px; margin-bottom: 26px; color: rgb(34, 34, 34); font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255);"><div data-hveid="CAAQAA" data-ved="2ahUKEwib-o_c2aPiAhWqFTQIHbV_DNgQFSgAMAl6BAgAEAA" class=""><div class="rc" style="position: relative;"><div class="r" style="margin: 0px; line-height: 1.54;"><span class=""><a href="https://foreignpolicy.com/2012/02/27/were-all-the-1-percent/" ping="/url?sa=t&source=web&rct=j&url=https://foreignpolicy.com/2012/02/27/were-all-the-1-percent/&ved=2ahUKEwib-o_c2aPiAhWqFTQIHbV_DNgQFjAJegQIABAB" class="" style="color: rgb(102, 0, 153); cursor: pointer; text-decoration: none;"><h3 class="LC20lb" style="font-weight: normal; margin: 0px; padding: 0px; display: inline-block; line-height: 1.33;">We're All the 1 Percent – Foreign Policy</h3><br class=""><div class="TbwUpd" style="display: inline-block; line-height: 1.54; padding-bottom: 1px; padding-top: 1px;"><cite class="iUh30" style="color: rgb(0, 102, 33); font-style: normal; padding-top: 1px; line-height: 1.43;">https://foreignpolicy.com/2012/02/27/were-all-the-1-percent/</cite></div></a><div class="ab_ctl action-menu" style="display: inline; position: relative; margin: 1px 3px 0px; vertical-align: middle;"><a class="GHDvEf ab_button" href="https://www.google.com/search?q=%2434%2C000+1%25&rlz=1C5CHFA_enUS737US737&oq=%2434%2C000+1%25&aqs=chrome..69i57j0l5.27159j1j7&sourceid=chrome&ie=UTF-8#" id="am-b9" aria-label="Result Options" aria-expanded="false" aria-haspopup="true" role="button" jsaction="m.tdd;keydown:m.hbke;keypress:m.mskpe" data-ved="2ahUKEwib-o_c2aPiAhWqFTQIHbV_DNgQ7B0wCXoECAAQAg" style="border-top-left-radius: 0px; border-top-right-radius: 0px; border-bottom-right-radius: 0px; border-bottom-left-radius: 0px; cursor: default; font-weight: bold; height: 12px; line-height: 27px; margin: 1px 0px 2px; min-width: 0px; padding: 0px; text-align: center; transition: none 0s ease 0s; background-image: none; border: 0px; color: rgb(68, 68, 68); box-shadow: 0px 0px 0px 0px; filter: none; width: 13px; text-decoration: none; display: inline-block;"><span class="mn-dwn-arw" style="border-color: rgb(0, 102, 33) transparent; border-style: solid; border-width: 5px 4px 0px; width: 0px; height: 0px; margin-left: 3px; top: 7.5px; margin-top: -4px; position: absolute; left: 0px;"></span></a><div class="action-menu-panel ab_dropdown" role="menu" tabindex="-1" jsaction="keydown:m.hdke;mouseover:m.hdhne;mouseout:m.hdhue" data-ved="2ahUKEwib-o_c2aPiAhWqFTQIHbV_DNgQqR8wCXoECAAQAw" style="border: 1px solid rgba(0, 0, 0, 0.2); padding: 0px; position: absolute; right: auto; top: 12px; white-space: nowrap; z-index: 3; transition: opacity 0.218s ease 0s; box-shadow: rgba(0, 0, 0, 0.2) 0px 2px 4px; left: 0px; visibility: hidden;"><ol class="" style="margin: 0px; padding: 0px; border: 0px;"><li class="action-menu-item ab_dropdownitem" role="menuitem" style="margin: 0px; padding: 0px; border: 0px; list-style: none; cursor: pointer;"><a class="fl" href="https://webcache.googleusercontent.com/search?q=cache:yapyloaVjVoJ:https://foreignpolicy.com/2012/02/27/were-all-the-1-percent/+&cd=10&hl=en&ct=clnk&gl=us" ping="/url?sa=t&source=web&rct=j&url=https://webcache.googleusercontent.com/search%3Fq%3Dcache:yapyloaVjVoJ:https://foreignpolicy.com/2012/02/27/were-all-the-1-percent/%2B%26cd%3D10%26hl%3Den%26ct%3Dclnk%26gl%3Dus&ved=2ahUKEwib-o_c2aPiAhWqFTQIHbV_DNgQIDAJegQIABAE" style="text-decoration: none; color: rgb(51, 51, 51); cursor: pointer; display: block; padding: 7px 18px; outline: 0px;"></a></li></ol></div></div></span></div><div class="s" style="max-width: 48em; color: rgb(84, 84, 84); line-height: 1.54;"><span class="st" style="line-height: 1.54; overflow-wrap: break-word;"><span class="f" style="color: rgb(112, 117, 122); line-height: 1.54;">Feb 27, 2012 - </span>But the global average is about a fifth of that. So by global standards, America's middle class is also really, really rich. To make it into <b class="">the richest <span class="" style="color: rgb(106, 106, 106);">1</span> percent</b> <b class="">globally,</b> all you need is an income of around <span class="" style="font-weight: bold; color: rgb(106, 106, 106);">$34,000</span>, according to World Bank economist Branko Milanovic.</span></div><div data-base-uri="/search?rlz=1C5CHFA_enUS737US737" id="ed_3" data-ved="2ahUKEwib-o_c2aPiAhWqFTQIHbV_DNgQ2Z0BMAl6BAgAEAY" class=""></div></div></div></div><div class="g" style="line-height: 1.2; margin-top: 0px; margin-bottom: 26px; color: rgb(34, 34, 34); font-variant-ligatures: normal; orphans: 2; widows: 2;"><div data-hveid="CAIQAA" data-ved="2ahUKEwib-o_c2aPiAhWqFTQIHbV_D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: rgb(0, 0, 0);" class="">"The big challenge is still to deliver emissions reductions at the pace and scale needed, especially in a world where economies are driven by consumption.”</span></div></div></div></div></div><div class=""><div dir="auto" style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none; word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div dir="auto" style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none; word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div dir="auto" style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none; word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div dir="auto" style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none; word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div dir="auto" style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none; word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div dir="auto" style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none; word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div dir="auto" style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none; word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div dir="auto" style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none; word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div dir="auto" style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none; word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div dir="auto" class="" style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;"><span class="" style="font-size: 12px;">Sonja van Renssen.The inconvenient truth of failed climate policies. Nature Climate Change  MAY 2018</span></div><div dir="auto" class="" style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;"><span class="" style="font-size: 12px;">========================================</span></div><div dir="auto" class="" style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;"><span class="" style="font-size: 12px;"><br class="">“… the serious meaning in a concept lies in the difference it will make to someone if it is true.”<br class=""><br class="">William James (1842 –1910)<br class="">Pragmatism. Meridian Books, 1955</span></div></div></div></div></div></div></div></div></div></div>

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