When Argrarian societies industrialized into developing countries, the growth in better paying manufacturing jobs was enough to absorb the increasing number of poeple moving into cities that living standards could see a noticeable increase. And so much of the working class could eventually climb to the middle class as the country transitioned to developed status.<p>But after a country has becomed developed, it seems like this general growth for population stops. The number of middle transitioning to upper or upper middle turns to a trickle, not everyone can be a businessman or an investment banker or a doctor in a same way as a every farmer can be a factory worker. And so we stagnate, as the rest of working class climb up, more and more begin to fight for a static number of "good jobs", while families that do fight fiercer than ever to maintain their positions, as we see with increasingly competitive college admissions preparations from as early as kindergarten. Globalization and the Internet has only expounded this effect, as now many are now competing against billions from across the world. We are stagnating. And I would argue much of the increasing radicalisation and tension is owed to these worsening economic conditions. Birthrates have fallen below replacement, and over encumbered system of pensions and benefits is sucking up the revenue to maintain, let alone improve crumbling infrastructure.<p>From my observations, this phenomenon is apparent for just about every developed country or society, from the Coastal Cities of China, Japan, Korea, the EU, USA, etc. Whether you build more electric cars or quantum computers, or redistribute wealth, the problem remains the same that there just aren't enough good jobs. What can we do then to solve this? How can we create those new jobs? Or perhaps that "job" is the role of the businessman and investor, but then why hasn't more of the upper-middle transitioned to that stage?<p>I would argue solving this will be the important issue of our modern era, because if we don't we're on a one way track to stagnation, and then oblivion.