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The Growth of the Global Middle Class

In Coal-Utility, Economy, Energy by Steve Vitale

Powered by the domestic coal industry’s explosive growth throughout the 20th century, the United States’ ascent to superpower status within the global economy raised its citizens’ quality of life to a higher standard. Based on this model, we can safely assert that a renewed focus on raising energy production will similarly lift the world’s impoverished peoples out of a collective …