Here in Navarra Media, we like to talk about some of the biggest trends of the 21st

century, the things that are remaking the world and probably remaking your life too.

Multi-polarity in the demise of an American-led world order, technological change in automation,

the rise of China, demographic aging. All of these are so important, and almost all of them

will be figuring in our conversation today. All of them are integrated into this fantastic new book

by Branko Milanovic, The Great Global Transformation.

He talks about how the Western middle class getting poorer goes hand in hand with the

lights of China getting wealthier. One falls, one rises. At the same time, we have the end of

the end of history. Talk of moving to a multipolar world

isn't for the future. It's happening. It's here and now. Now, we often talk about the demise of

neoliberalism, as if it's something there's yet to really happen. Again, Branco thinks we should

be talking in the past tense, the end of the end of history.

But what comes next? Well, that's where things get super fascinating. And just to be clear,

Branco has the credentials to have strong opinions on this. After all, he's a former economist

at the World Bank. He's a big brain. He reads a hell of a lot. You're going

to have a great time watching this over the next hour and a half. Branco Milanovic, welcome to

Downstream.

Well, thank you very much, Aaron. It's really, it's a pleasure to be here.

I am so excited about this conversation. Some of the stuff we love talking about here on

downstream, the rise of China,

the collapse of the West, transformations in the global economy, the decline of the Western

middle class. It's all packed into your new book. The great global transformation.

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