What It Means to Be Middle Class

The video explores the concept of the middle class globally, highlighting its varying definitions and implications in different regions. It discusses the impact of the 2008 financial crisis on the middle class in developed countries and the rapid growth of the middle class in emerging markets. The arbitrary nature of defining the middle class is examined, emphasizing the differences in income and lifestyle across countries. The video concludes with a global business perspective.

In what ways do middle class aspirations differ between rich and developing countries?

What role does consumerism play in defining the middle class globally?