Urbanization Defines the Terrain of the Jobs War

Prior to the 20th century, most of the people in the world were engaged in near-subsistence farming in rural areas, not really performing specified jobs with specified hours and pay. By 2007, over half of the world’s people lived in urban areas. Unlike London, Paris, or Rome, most of these cities did not grow up over a millennium or more. The new mega-cities like Sao Paolo, Mexico City, Dhaka, and Lagos may have had tiny ancient cores, but those have been totally buried in a megalopolis that’s less than a century old. This new setting has spawned a new kind of resident who, so far, has proven to be neither a good worker nor a good consumer. Can this chaotic reality be transformed into a bright future? What will this transformation effort mean to the global economy and mankind? We’ll provide the answers.

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