Class-Based Zero-Sum Beliefs

March 2025: Analysis

Background

This is a preregistered experimental study, aiming to show the causal effect of class-based zero-sum beliefs on class solidarity, exploring it’s consequent effect on support for redistributive policy. This is from the preregistration:

Hypothesis: Class-based zero-sum beliefs lead to greater endorsement of class solidarity.
Design::
In an experimental design, participants will be assigned to one of two conditions: Experimental condition (class zero-sum prime) and control condition (neutral). After reading the prompt, they will briefly reflect on what they read in a few open response sentences.

They will then complete the following measures: (1) class-based zero-sum beliefs; (2) class solidarity; (3) support for redistributive policy; and (4) linked fate.

Finally, they will indicate their political preferences and demographic information.

Analysis plan:
1. t-test 1: Condition -> class-based zero-sum beliefs (manipulation check)
2. t-test 2: Condition -> class solidarity (primary analysis)

Exclusion criteria: Open responses will be examined for incomprehensible content. Specifically, anything that is complete gibberish will be flagged. Analyses will be conducted with and without flagged participants.

Exploratory analyses:
1. t-test: Condition -> support for redistributive policy
2. Mediation model: Condition -> class solidarity -> support for redistributive policy
3. Correlation between linked fate measure and class solidarity measure
4. t-test: Condition -> linked fate
5. Meditation model: Condition -> linked fate -> support for redistributive policy

Demographics

Race

df_cbzs_elg %>% 
  group_by(race) %>% 
  summarise(N = n()) %>% 
  ungroup() %>% 
  mutate(Perc = round(100*(N/sum(N)),2)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

race	N	Perc
American Indian or Alaska Native	2	0.50
Asian	26	6.45
Black or African American	39	9.68
Hispanic, Latino, or Spanish origin	21	5.21
Middle Eastern or North African	1	0.25
Other (please specify)	2	0.50
White	289	71.71
multiracial	22	5.46
NA	1	0.25

Gender

df_cbzs_elg %>% 
  mutate(gender = ifelse(is.na(gender) | gender == "","other",gender)) %>% 
  group_by(gender) %>% 
  summarise(N = n()) %>% 
  ungroup() %>% 
  mutate(Perc = round(100*(N/sum(N)),2)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

gender	N	Perc
man	218	54.09
woman	185	45.91

Age

df_cbzs_elg %>% 
  summarise(age_mean = round(mean(age,na.rm = T),2),
            age_sd = round(sd(age,na.rm = T),2)) %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

age_mean	age_sd
39.81	13.09

Education

df_cbzs_elg %>% 
  group_by(edu) %>% 
  summarise(N = n()) %>% 
  ungroup() %>% 
  mutate(Perc = round(100*(N/sum(N)),2)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

edu	N	Perc
noHS	2	0.50
GED	104	25.81
2yearColl	55	13.65
4yearColl	180	44.67
MA	50	12.41
PHD	12	2.98

Subjective SES

df_cbzs_elg %>% 
  group_by(ses) %>% 
  summarise(N = n()) %>% 
  ungroup() %>% 
  mutate(Perc = round(100*(N/sum(N)),2)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

ses	N	Perc
Lower Class	40	9.93
Lower Middle Class	96	23.82
Middle Class	207	51.36
Upper Middle Class	58	14.39
Upper Class	2	0.50

Income

df_cbzs_elg %>% 
  ggplot(aes(x = income)) +
  geom_bar() +
  theme(panel.grid.major = element_blank(),
        panel.grid.minor = element_blank(),
        panel.background = element_blank(),
        axis.ticks = element_blank(),
        axis.line = element_line(color = "grey66"),
        axis.text.y = element_text(color = "black"),
        axis.text.x = element_text(color = "black",
                                   face = "bold"),
        axis.title.x = element_blank(),
        axis.title.y = element_blank()) +
  coord_flip()

Politics

Ideology

Participants were asked about the extent to which they subscribe to the following ideologies on a scale of 1-7 (select NA if unfamiliar): Conservatism, Liberalism, Democratic Socialism, Libertarianism, Progressivism.

means <- df_cbzs_elg %>%
  dplyr::select(PID,ideo_con:ideo_prog) %>% 
  pivot_longer(-PID,
               names_to = "ideo",
               values_to = "score") %>% 
  filter(!is.na(score)) %>% 
  group_by(ideo) %>% 
  summarise(score = mean(score)) %>% 
  ungroup()

df_cbzs_elg %>%
  dplyr::select(PID,ideo_con:ideo_prog) %>% 
  pivot_longer(-PID,
               names_to = "ideo",
               values_to = "score") %>% 
  filter(!is.na(score)) %>%  
  ggplot() +
  geom_density(aes(x = score), fill = "lightblue") +
  scale_x_continuous(limits = c(1,7),
                     breaks = seq(1,7,1)) +
  geom_vline(data = means,mapping = aes(xintercept = score),
             color = "black",
             linetype = "dashed",
             size = 1.1) +
  theme(panel.grid.major = element_blank(),
        panel.grid.minor = element_blank(),
        panel.background = element_blank(),
        axis.ticks = element_blank(),
        axis.line = element_line(color = "grey66"),
        axis.text.y = element_text(color = "black"),
        axis.text.x = element_text(color = "black",
                                   face = "bold")) +
  facet_wrap(~ideo,nrow = 2)

Article reflections

After reading the article, participants were asked: What key insight from this article stood out to you most?

These are their responses:

CZS condition

reflection
US is slipping from top global economic power.
The fact that the rich get richer while the bottom 90 percent stay stagnant.
How much the income of the rich have increased faster than that of the working class.
The one thing that stood out to me the most is that it is possible the US may not be the global superpower it once was, if BRICS is successful.
The idea of a competitive alernative currency by BRICS poses a threat to total global trade and the benefits may be outweighed by the risks.
Working class Americans will time and time again take the hits of Us economic policies as the 1 percent era continue to reap large benefit. If the international trading currency changes this will reap disparate effect into working class individuals regardless of race.
The key insight that stands out is the projected widening of the economic divide in the U.S. as global shifts favor wealth concentration among the upper class, potentially leaving working-class Americans at a disadvantage in terms of wage growth and overall economic mobility.
The fact that BRICS nations’ share of world GDP is increasing relative to the G7. I did not know that. The rhetoric of the US being an economic powerhouse sort of falls flat a little in this context.
Shifting to a new currency will lessen the dependency on the US dollar. Some say it will allow for economic growth whereas others thing it will largen the gap between the highest and lowest income
The rich will continue to get richer while the working class shoulders the brunt of financial strains and responsibilities.
The shift away from the US dollar could cause significant economic shifts with poor outcomes for the US working class.
The rich are getting richer and the poor are getting poorer and having to pick up the slack
The top 1% of Americans based on wealth will be able to reap the benefits of changes but the issues will fall on the working class, and they will suffer.
Shifts in global economic trends will negatively impact the working class in America.
That the current economic climate predicts the issues facing our social class system will continue to persist.
global trade leads to economic disparity between the upper and the working class in the US
The position of the United States globally is now less secure, from both outside threats (BRICS economic rise) and internal (widening of economic gaps).
Uncertainty of global trade markets — especially where it pertains to America’s standing — lends itself to the wealthy taking advantage, while the disadvantaged become even more disadvantaged.
The economic geopolitical trends will persist with the upper class of course reaping the benefits while the working class carry the burden.
The US is becoming less and less of a global economic leader while the BRICS nations are advancing. Nothing is changing though for the richest americans, in fact they will continue getting richer at the expense of working class americans.
The fact that other countries are becoming economically better than the USA.
The main insight that stood out to me was the cumulative change in annual wages graph at the end of the article, as the change far outpaces what I would have assumed the trajectory was.
America and its allies in the G7 are falling behind. It also shows the rich will keep getting rich while the lower end will not prosper as much.
Leaders in BRICS countries are planning to announce their reliance on a non-US dollar currency.
BRICS nations are expanding compared to G7 countries and are introducing an alternative currency.
BRICS nations are attempting to devalue the U.S. dollar as a means of international trade.
America is having economic problems because BRICS nations are becoming more powerful and economic inequality is getting worse in the America.
The interesting part to this to me is the wage disparity and the fact that I did not know that BRICS were actually looking to change currencies. It sounds like an interesting idea due to economic changes that have already occurred
The divide between the wealthy and the middle class is going to continue to grow.
That the change would massively impact the American working class, while the wealthier would remain impacted.
That the BRICS leaders that are trending away from the US Dollar as the main currency for trade.
That the BRICS nations are going to start their own currency to reduce dependence on the dollar. I’m not surprised to see the negatives of that happen fall on the working class American citizens. Seems like that’s the case with everything bad that happens. The rich get richer and the poor get poorer.
That with current geopolitical trends, the upper class will benefit still and the lower classes will take the financial burden
Top 1% income grows faster than 90% bottom income.
The rich get richer and the porr get poorer
Many argue the shifts will shape the zero sum between the classes in the US.
BRICs nations are starting to experience more economic growth and them turning towards an alternate currency could have effects on working class Americans.
The ascendence of the BRIC countries’ economies relative to the G7 countries.
That the financial burden will fall on the American working class if the shift continues.
They are looking to create a way to make it where the world is not so reliant on US dollar. In America, the rich keep getting richer and everyone else’s wages are stagnant
The idea that the previously wealthy will benefit the most from global trade is concerning to me. The expansion of trade with countries with cheaper labor will likely cause the outsourcing of work. This will hurt the average worker while at the same time further increasing the wealth of the wealthy.
The top percentage of people with the most wealth will continue to acquire more and more wealth, while the average American will remain in the position they currently are, with little opportunity for growth.
What the article is saying is that the rich get richer, and the poor get poorer.
America in the past was the economic powerhouse, but in recent years the BRICS nations have gained prominence. In 2024 BRICS introduced their own currency, this has caused changes to the economic markets. This has changed the global economy and thus regular working-class Americans are the casualties
Probably the most interesting point made in the article is that BRICS adopting an alternative to USD for trading would contribute to persisting and growing the income divide between upper and working class Americans.
The wealthiest Americans continue to see their wealth and income increase while U.S. policy has kept working class wages stagnant.
The idea of a new global currency was definitely the most interesting part to me. It’s worrisome that these changes would be most felt by people like me.
That BRICs changing to an alternative global currency would negatively affect those in America already suffering from low pay and stagnant wages but have little to no impact on the wealthy
brics countries are growing at a faster collective rate than g7 countries
That the shifts will continue to shape the zero-sum dynamic between the upper and working class in the US.
That the 1% has had steady and significant increase whereas the majority (90%) has stayed the same.
The graph and the talk about how it’ll hurt the working class. Also, it seems very “cookie cutter” and disingenuous. It feels like a brainless parroting rather than a substantial report.The most blatant example is the second sentence of the first paragraph. There is nothing to “argue”. Of course enacting a major eocnomic change is going to cause big shifts and adjustments in the economy. It’s giving college student trying to fill up the word count.
The fact that working class wages have been outpaced greatly by the top 1% isn’t surprising, but it is always shocking to see on a graph. It seems like the US has slowly been moving towards oligarchy for the past 50 years.
BRICS nations want to use a currency for international trade that is not the US dollar.
the transition to a international currency which might decrease the dollar value
The upper and working classes have virtually remained locked into a pattern of stagnant working class and growing upper class since 1973.
What stands out to me the most is that the rich get richer, and the bottom 90% is in a plateau. Also, BRICS is gaining more economic strength than G7.
Wages are stagnant while the wealthier people are getting even more wealthy. There’s a huge difference between the upper and working class.
That many of the world leaders are looking to depend less and less on the US dollar for trade which could have a direct impact on the US and the working economy.
The financial landscape is changing and us is no longer the absolute leader
Economic shifts may deepen the economic divide in the U.S, benefitting the wealthy at the expense of the working class.
BRICS nations will continue to see their power increase. There are discussions for an alternative international currency.
The evolution of the economy has a shift between the working class and the wealthy as the working class stability is sacrificed as the divide widens between the wealthy and the lower class.
The global economy continues to evolve and while nations such as those included in the BRICS expand their share in global markets while G7 nations don’t.
Currently, the wealthiest Americans continue to see their wealth and income increase, while U.S. policy has kept working class wages stagnant.
Trending global economic shifts will badly affect America’s working class and the upper class will reap the benefits.
The current trends are aimed at making the rich richer.
The key insight to me was the fact that BRICS countries have been growing in economic strength and want to introduce an alternative currency for international trade.
It connects the global shift to finacial power exemplified by brics and plan for a new trade of currency
That it’s true that the rich get richer and the poorer stay poor it seems. No sure what the alternative currency would be like for international trade
The disparity of income increased between the 1% and bottom 90% are very significant. Also Brics could pose a threat to the dollar in the near future.
The upper class will continue to benefit and the working class will suffer the burdens
That BRICS nations want to use their own currency for global trade instead of the US dollar.
the us losing economic power to brics and how it could hurt working class americans is what stood out most
The greed of capitalist in America is causing a massive loss of America’s place at the top of the global economy. Because the rich elites have chosen to squeeze every bit out of the population and manipulate the media to distract from the theft of wages (while blaming all the problems on a minority marginalized group) the majority of the wealthy put their wealth in to other countries to exploit that population because there isn’t meat on the bone in America anymore.
That overall the shifts will create gains for the wealthy that come directly from the expense of the working class. Which continues to help the wealthy while hurting the working class.
Wealthiest countries will lose against other countries. US rich people will get richer when middle class people will not.
The increase in wealth for the wealthy and mid-class wages would remain stagnant.
What stood out most is how BRICS countries are gaining more economic power and even introducing their own trade currency which could shake up global markets and reduce reliance on the US dollar.
We gotta eat the eat before they take all our money. Or maybe we should start eating them now and see how it goes. Maybe they’ll taste good.
The key article that stood out from this article the most is that past and current economic policies mainly benefit the wealthiest Americans, while the others are left at the same income levels as they were despite rising costs and inflation.
That working class Americans are likely to be impacted by shift from USD to a difference currency. This will hurt the country greatly.
BRICS plans to introduce an alternative currency that reduces dependence on the US Dollar. I already knew US wages were stagnant and the top earners continue to make more money.
Economists are thinking of switching to the US dollar as the common trading currency.
The fact that working-class American wages have remained stagnant while the top 1% earners have gone up significantly.
G7 countries have lower economic power at the expense of BRICS countries, and US poor and working class will be the most affected.
The fact that rich people will be taking from poor people to line their pockets even more.
The alliance between G7 and BRICS should inform who and where to buy from. Don’t support BRICS products and services. The graph shows a widening gap in economic influence. BRICS is considering an alternative to the US dollar. It won’t matter if their products are not purchased. It is all the more reason the US needs to look after their own people.
What stood out to me the most is that as BRICS nations grows stronger and move away from relying on the U S dollar, global trade can change
The main observations the possibility that the economic benefits enjoyed by the wealthy might come at a cost to the working class, especially given change in global finance with emerging BRICS nations.
What stood out most, is that despite a potentially tectonic shift in global economics, the most affected group of people will end up being middle class Americans
Things in the United States are changing. We are becoming less of a super power and the wealthy are getting wealthier
The upper class will continue to gain the benefits of global trade and keep getting richer, while the working class will bear the burdens of the global trade, and at best, stay the same, but most likely to have very negative financial and societal outcomes.
That the world is shifting from it’s dependence on the American Dollar for international trade and that will lead to more hardships for the working class American.
That the gap continues to widen between the top 1% and the working class. Economic gains for the wealthy come at the expense of the working class.
transferring wealth to the affluent
Changes in the overall global economic power levels will likely lead to the wealthiest people in the US continuing to gain greater benefit from their gains, while those below the top tier of wealth will be increasingly burdened by stagnant growth in their wealth and income.
That as the world economies shift the rich in the US get richer while the poor stay the same.
a shift in gloval ecomic leader
BRICS GDP has surpassed the G7
The one-percenters at the top of society will continue to get richer and richer, while working-class Americans will struggle harder and get poorer as the global economy changes.
The financial burden will disproportionately fall on working class Americans.
The world is interested in becoming stronger than the dollar and some countries want to become less dependent on the dollar. Some countries are going to revalue their currency and focus more on asset backed systems and there are many different beliefs in how it should be done, time will tell.
I think that reducing the value of the U.S. dollar stood out to me most, and that the wealthy class will continue to stay wealthy while the working class is negatively impacted. This upsets me as a working class citizen, and I don’t know that I agree with this.
The key insight is that global economic shifts, particularly BRICS’ push for an alternative currency, may deepen inequality in the U.S., benefiting the wealthy wile burdening the working class.
BRICS economic rise and challenges US dominance.
The global economic hierarchy is in flux and working class people are getting screwed, as usual.
That the introduction of a new currency could lead to the value of the American dollar going down. This could greatly effect the lives of the American people in a time that is surrounded by uncertainty.
That the United States is more focused on keeping the wealthy rich and not investing in their working class.
That economic strength is growing in non-G7 nations and also how the disparity between the upper and lower classes in the US continuies to get wider.
The BRICS nations are considering switching to a different currency which would hurt the US dollar and could cause major ramifications to the US economy. The effects would likely hurt the lower and middle class more significantly than top earners.
It is interesting to me that BRICS has proposed an alternate currency, it would seem that BRICS nations are aligned on a goal to destabilize the American international order. Although I don’t think any of these nations have the naval capacity to police global trade like the American navy currently does.
What stood out to me the most was how the working class wages stay around the same , yet somehow, the top 1% wages keep increasing, showing that the top 1% generally keep the extra profit fully, rather than using some of it to increase the wages of their workers.
The main takeaway from this article is the growing economic divide intensified by changes in the global financial landscape, especially with BRICS nations potentially challenging U.S. Dollar dominance. This shift might worsen existing inequalities within America’s economy, allowing the upper class to further amass wealth while working-class wages remain unchanged. The idea that these geopolitical and economic shifts will probably favor the rich over workers underscores a concerning zero-sum scenario with significant consequences for social and economic fairness in the U.S.
The most striking insight for me is the zero-sum dynamic between the wealthy and working class in the U.S. As global economic shifts, such as the BRICS alternative currency, unfold, it appears the upper class will continue to see significant gains, while the working class bears the burden with stagnant wages and limited benefits. This growing inequality could deepen if these trends continue, making it a critical issue for policymakers to address.
The BRICS nations are planning to make their own currency to circumvent the dollar. This policy could impact the US economy a lot and have a different impact on different social classes. The working class and poorer Americans may find themselves not benefitting from this global market while the richer ones reap the rewards.
The middle class is becoming weaker because their economic growth is stagnant
The US and other G7 nations are beginning to fall to BRICS nations. Alot of this is to do with the wage gap between upper and lower classes.
The United States is losing ground on being the favorite country in the world with global economics. Other countries are/will surpass the United States.
Non-wealthy Americans will see lower economic growth due to emergence of BRICS nations.
Economic power is evolving and putting lower class Americans at risk of even more financial problems by supporting the upper class.
The key insight for this article is the alternative currency for international trade that BRICS leaders announced. The currency would provide benefits for the wealthiest people, but working-class individuals would pay the price.
Top earners continue to see wealth and income increase while working class and poor has stayed stagnant. US policy has kept working class wages stagnant.
United States has been the leading global economic power but recent times have seen that change. Other countries like Brazil, Russia, India, China and South Africa have risen in recent times and expanded their share in global markets.
th upper are getting way richer faster than the bottom class which is almost constant
The cost of global will ultimately fall upon working class americanss. this seems to almost always be true especially when dealling with international commerce. Working class onsumers are constantly eating the costs of these dealers and global economics.
What stands out most is that capitalism is a reprehensible economic system for anyone but wealthy capitalists. This story points out that the wealthy upper class will continue to thrive at the expense of the working class. This is what stands out the most to me.
The plan for BRICS to use an alternative currency. Working class wages remain stagnant.
The key insight that sticks out to me is that BRICS will only really negatively affect American working class people and nobody else somehow. This shows that the world either hates Americans or is ready to destroy Americas economy and take over in my opinion. It is sad when the entire world is working against you when you didn’t even do anything, but be born poor in America.
The intention of BRICS countries to move away from the dollar may increase wealth inequality in the US.
What stood out to me the most is how this is set up in a way that only the top 1% are able to actually profit over time, while the lower 90% are set to stay stagnant and continue to struggle.
The thing that stood out most to me is that other countries are coming up with an alternative currency to help allievate reliance on the US dollar.
That the American economy is in decline. That BRICS nations are growing in economic strength and what to develop a currency that doesn’t leave them dependent on the US dollar. This means that the working class in the U.S. are going to be even further screwed over than they are as wealth disparities grow if this alternative global currency takes off.
This underscores a persistently advantage the upper class while placing financial strain onworking class Americans.
The U.S. policy favors the rich and the middle class continues to be stagnant. If the plan for alternative currency goes through, then there will be less dependence on the U.S. dollar.
The key insight for me is the chart that shows that the G7 is decreasing in economic power and BRICS is increasing.
The gap between 1% vs bottom 90% income
The key insight that stands out the most from the article is the growing economic disparity between the wealthiest Americans and the working class. The data shows that since the 1990’s, the top 1% of income earners have seen significantly higher wage increases compared to the bottom 90%.Additionally, the potential introduction of a BRICS alternative currency could further disrupt global markets, potentially worsening conditions for the working class while benefiting the upper class.
NO matter what the outcome, if BRICS introduces a new alternative currency the working people of the U.S. will suffer.
The shift of global economic power. I was surprised to learn countries like Brazil and South Africa have grown their economies.
Current economic trends in the global economy will strengthen wealth inequality in the USA. It did not explain exactly how global trends or the growth of BRICS nations would contribute to this dynamic in any concrete way.
The key insight from the article is the potential introduction of an alternative currency by the BRICS nations that could significantly reduce global dependence on the U.S. Dollar. This shift highlights ongoing changes in the global financial landscape and raises concerns about the implications for the U.S. economy, particularly for the working class. The article emphasizes the widening economic divide, suggesting that while the wealthy may benefit from these shifts and continue to grow their wealth, working-class Americans could face stagnation and increased economic burdens. This insight underscores the complex relationship between global economic developments and domestic socioeconomic inequalities.
That the increase in the wealthiest come at the expense of non- wealthy, instead of both classes improving
That the increase in the wealth of the wealthiest people has grown much larger and faster than that of normal, working class people.
The key insight I get fron this article is that global economic trends are sgifting, and the US no longer dominates on a global scale. As usual, the rich will get richer, and the por will suffer the burden.
The key insight that stood out is that the elites or high class keeps going up while the lower working class is staying the same while they struggle
The BRICS are doing better than the G7 countries and if they succeed in changing the world exchange currency from the US dollar to some other form of currency, the US economy will tank.
BRICKS could worsen inequality
The upper class will reap the benefits and the financial burden will disproportionately fall on the working class Americans, regardless of race or background.
The key insight that stands out to me is the fact that the wealthy continue to significantly outpace the working class in their fortunes made. The fact that even a geopolitical shift as large as BRICS switching off of the U.S. Dollar doesn’t change that fact shows that the working class always seem to be left behind no matter who’s in charge in the world. It would be a welcome change that the 99% gain some headway but I do not see anything changing in the present or near future no matter how the economic winds blow. The “rich get richer” motto could never be truer in today’s world.
That the wealthy will continue to reap the benefits of this, while the working class will stay stagnant.
The key insight that stood out to me the most from this article is that there are opposing countries that are essentially colluding against the United States.
The wealthy will continue to get richer and it will fall on the working class to foot their bill.
That the lower working class fuels the profitably/gains of the higher class. As the working class’s wages increases, the top class’s weathly increases much more exponentially compared to the working class.
The plans for an alternative currency that could potentially cripple the dollar is interesting to think about because it could cost vast damages to the American economy
The US dollar may soon no longer be the world reserve currency.
That if they alter and introduce a new currency, the rich would continue to get richer and the middle class man will take the blunt. It doesn’t list a benefit to the working class Americans, even though we are the backbone of the country.
I see two key points - the attempt by BRICS to start their own currency platform to shift from the US dollar and that it could reshape the global marketplace, changing trade relationships. This change in trade - would adjust the opportunities for earning potential. The top 1% already have a steady growth of their incomes while the lower and middle classes have not benefited in the past from economic growth, will be even more challanged and stiffled to benefit from the changing trade relationships
The wealth gap has been made greater as wages for working class people remained virtually unchanged.
That working class Americans will continue to suffer under the weight of unfair wage gaps. Most of us cannot even afford housing, yet the rich get richer while we shoulder the burden of a bad economy.
The rich keep getting richer while everyone else stays the same
The global economy my change, with the BRICS becoming stronger while the G7 lose strength. With this possible shift in the USA, the upper class may continue t see their wealth and income growing at the expense of the lower classes.
I believe the advent of BRICS will only help the American econony, not hinder it. For too long, America has had a bit of a “superiority complex”, thinking that no one could compete with it. As we see in business, competition breeds creativity, and creativity powers economy, so in this situation, competition can only be seen as a good thing.
The American economy is struggling the and dependence on the US dollar is decreasing. The wealthiest Americans continue to see an increase in their wealth, but middle and lower class continue to struggle.
America and the G7 nations are losing ground in the world in terms of financial prosperity. Some of the potential changes in the global trade market could cause the terrible wealth disparity in the US to remain awful for most of the country.
The affect this could have on the working class. I am part of that and makes me very nervous.
The current economic trends show that they will hurt the working class and benefit the upper class.
That the common people of the US will not benefit if this happens.
The rise of BRICS during a period of high inflation.
I don’t believe this article to be correct. There is a lot of fake news going around, as well as AI images. Nothing of this article stood out at me.
That the US is part of a group of countries that are decreasing in their GDP, while the BRICS group of countries are increasing in their share.
It was very interesting to learn that BRICS and G7 countries were having opposite trends and concerning learning of a potential new international currency to take place of the US dollar.
The fact that the BRICs countries have higher PPP than the G7
The shift in the global economic trend with BRICS countries emerging as a new center and leaders of trade. For Americans it means the continuation of the current trend when rich get richer and middle and lower class get poorer.
That the rich will continue to increase their wealth while working class stays stagnant.
The information about the brics nations. I had never heard them called before. Also agree that the working class has become stagnant while the wealthy continuing gaining.
Global trade will benefit the upper class and the financial burden will fall on the working class.
The fact that the working class is affected by this. It is interesting that the US is going to be losing out while other economies soar.
It is the old adage that the rich get richer. I think the main reason is they have more money to invest and make their money grow, whereas the middle class needs that money to live day to day.
The plans to introduce an alternate currency for international trade, which would reduce global dependence on the US Dollar.
The Brics leaders have announced plans to introduce an alternative currency for international trade which would weaken the US dollar considerably.
The key insight that stood out to me most is that the working class is getting the short end of the stick again. Over and over.
Key insights that stood out are: growing power of BRICS, potential for less reliance on US dollar, potential negative effects on middle class Americans, and continuance of gains for the wealthy at expense of middle class
ONe key insight that stand out is the potential impact of an alternative BRICS currency on the global economy
The adaption to economical climate shift by us government policy keeping us lower class wages stagnant.
The US being a key economic power is shifting. BRICS leaders are planning to introduce a new currency which will likely affect the US economy. Its greatest effect will be on middle class working Americans.
BRICS influence could worsen US. inequalities, benefiting wealthy further.
BRICS cannot succeed not only from a economic stand point but from a national security stand point. with the emergence of AI it is more important to cripple China now than ever. the Chinese economy was wrecked by Covid and has never recovered. we need to complete the destruction of there threat.
Some of the countries who normally haven’t been a big player in the global trade space are ramping up to grow their presence. They are also looking to introduce a new currency which stood out to me greatly just because of the implications that would cause.
The wealthy income has outpaced average income over time. Globally, it is being discussed to use a different currency instead of the US dollar
That if this policy goes through the wealthy Americans will stay wealthy but the working class , or middle class will be affected the most, regardless of race or background
The BRICS countries are thinking about replacing the US dollar for international trade. This could have a negative impact on the American economy, hurting working class Americans the most.
economic graphs and the insight that is present withen the working class and middle class.
Economic inequality persists.
With the current economic trend, the wealthy will continue to experience gains while income of the working class will remain stagnant.
The timeline. Just how it’s been a constant decline since 2000. America was built on the backs of blue collar Americans. But there needs to be a trend of blue collar economy getting better. Not continuing to decline.
The key insight that I got from this article is that working class americans will continue to struggle financially.
The assumption is that BRICS will be bad for the US. The articles provide different arguments by so-called economists, who are usually wrong. When contrasting the article with the initiatives of the current US administration, it seems the statements made by these economists are specious.
The growing influence of BRICS nations may widen U.S. economic disparities.

Control

reflection
That America is declining in its financial power throughout the world while the G7 companies’ power is increasing.
The economy is going to tank
That the economy shift negatively affects the american economy
A key insight that stood out to me was the announcement about an alternative currency.
That recent trends show a shift could be happening and they could negatively effect the american economy.
an alternative currency will be released for international trade to reduce dependence on the US dollar
A conglomeration of Countries known as BRICS will attempt to implement a global currency to replace the US dollar, which could cause drastic change to the global economy.
The key fact for me in this article was the potential decline of the USA in terms of economic power as well as the potential lowering of the value of the dollar.
What stood out to me the most was reducing global dependence on the U.S. Dollar.
There has been a shift in the global economy and which countries are the leading economic powers
The unprecedented notion of a new BRICS currency
That BRICS is planning to introduce an alternative currency, to reduce dependence on the US dollar.
The key things that stood out from me in this article is that there are a lot of pros and cons with the alternative currency for international trade. The con with adapting an international currency has the potential to impact American economy.
The U.S. has been falling behind as the lead global economic power. As the economy evolves, it could continue.
brics is surpassing G7 in GDP
I was surprised that other countries are wanting to use an alternative currency that could negatively affect the US
BRICS is becoming stronger economically and might overtake the US
The fact that the BRICS nations are planning to introduce another currency to the market to combat the USD dominance
I switch to alternative currency could be a challenge for US international trade and may require adaption for the US economy.
The thing that stood out the most to me was the possibility of the BRICS nations to introduce an alternative currency for international trade. I wonder and am kind of concerned of what would happen if this happens.
That broader economic dynamics are being reshaped between the US and other nations. Some of these changes may lead to a reduced global dependence on the US dollar.
BRICS leaders want to reduce global dependence on the US dollar
Monetary policy from BRICS nations could alter the landscape of global economics potentially causing disruption and losses for the US dollar and Euro.
That the BRICS leaders announced the creation of an alternative currency as opposed to the USD. That would be a huge shift in the international economy and could have negative impacts on the US’s strength in the international market
BRICS announced plans to introduce an alternative currency for international trade
economic shifts are negatively impacting the US economy
The main insight from this article involves a new coalition called BRICS that comprises of Russia, India, China, Brazil, and South America. Said coalition serves as a counterpoint to the existence of NATO. This article also talks about a new currency devised by BRICS that is currently meant to replace the U.S Dollar for trade and commerce.
The new currency will likely have a dramatic impact on the strength of the USD.
I think it would be a very big deal if the dollar was no longer the international standard for international trade. It would cause the value of the dollar to drop, which would hurt American business interests and overall weaken the US’s place in the world as a world leader.
The US is losing its economic power in the worldwide economy and the nations belonging to BRICS are gaining more economic power in the world.
The global financial landscape is shifting away from the USA
The idea for an alternative currency to be used in international trade.
That America is starting to be a decent force for global marketing at all. But I suppose that makes sense
The replacement of the US dollar as he default for international trade. This could have substantial negative impacts on the US economy.
That the global money is going to change
That the global economy is becoming more competitive.
That a coalition of countries could just create a new international currency
What stands out to me most is the opinion from some experts arguing the possibility of negative impacts on our economy. I feel as if it may actually benefit us more in positive ways than negative.
That other countries would create an alternative currency for international trade so they wouldn’t have to rely on the US dollar.
BRICS is now a larger proportion of glabal GDP than the G7.
There is a shift in global economics away from the US dollar and G7 nations.
Brics leaders are in talks to create an alternative currency for trade in place of USD, this would reduce dependencies on primarily USD which is mainly used for trade. However, many economist pointed out that this would in turn creates significant shifts globally. Furthermore, its worth pointing out that this would for the most part negatively impacting American economy.
The “BRICS” group of nations have been growing in economic strength and in the total share of World’s GDP their economies represent. Recently, the size of the BRICS nations’s GDPs has outstripped the size of the G7 nations. The leaders of the BRICS nations have recently announced a plan to create an alternative currency that could challenge the dominance of the U.S. dollar. This may pose a serious economic challenge to the U.S., though it may create some opportunities as well.
That the BRICS counties are attempting to rival the U.S dollar in the form of a different currency from the G7 countries
The BRICS have overtaken the G7 in GDP and the trend seems to be continuing. The BRICS would like to create their own currency to rival the US dollar as the worlds reserve currency.
The continued weakness of the Western economies who are stuck in their old ways. Europe has become increasingly more restrictive and politically correct so this is causing global economic imbalance. I see this as a threat to the common person in the US and in the West in general as the developing economies have much larger populations. What stands out most is the dynamics shift.
BRICS countries are willing to adopt a new trading currency and abandon the US Dollar
The thing that stood out the most is that some people think BRICS can ultimately help America’s economy, which I hadn’t heard.
BRICS leaders announcing plans to introduce yet another fiat currency to the world with specific designs to undermine the US dollar stood out to me the most. For sure.
A group of countries are trying to compete with the U.S.
The insight that stood out the most was the opinions of some people about how BRICS will be either beneficial or not to them. This gives you an insight about what different people think about having an alternative currency.
The key insight that stood out to me the most from this article is that there is a shift in the global financial landscape with BRICS nations growing there economic strength.
The BRICS nation leaders would like to introduce an alternative currency for international trade instead of the US dollar.
That the BRICS nations are planning to use a currency other than the US dollar.
What stood out to me is that the role and prominence of the US economy on a global scale is shrinking, and that this may negatively impact our economy and me in some way over time.
I think the countries that joined/are joining BRICS stood out the most. A few of these countries do not have a good relationship with the United States, which might make BRICS a way for them to undermine us maliciously.
It will challenge the U.S dollar as the global currency and might cause conflicts between the BRICS and the G7. BRICS seems to want to compete against the G7 instead of join them with their alternative currency.
The United Stares is losing its economic power globally thanks in part to a new currency
What stood out to me is that the BRICS nations what to introduce an alternate currency for global trade that is not USD, and that no one know what the outcome of this could look like.
The key insight is just how much purchasing power that the BRICS is gaining compared to the United States. This is quite worrying, especially letting China get all that power. The United States needs to take steps to try to reverse this trend.
The main point of this article is saying that the global economy continues to evolve and many experts believe that these shifts will negatively impact the American economy
What stands out is that all these other countries seem to be committed to weakening America’s power on the rest of the world.
The potential for BRICS nations to create an alternative to the US dollar for international trade may negatively impact the US dollar and cause turmoil in the economy.
Brics starting to develop a new global economy with going back to gold standard.
It seems the value of the US dollar is shifting and various nations’ economies are seeking alternatives to replace it.
a new form of curre3ncy would negativly impact the U.S. economy
The key insight from the article that stood out the most to me was BRICS’ plan to introduce an alternative currency for international trade as a way to reduce global dependence on USD. I think that’s a key element for the BRICS nations to become stronger and on the same level as the G7 nations.
That BRICS was gaining global economic power over the G7
The thing that stood out to me most was the that BRICS is considering an introduction to a new currency for international trade. I think that this will largely affect the global economic status since it was very dependent on the U.S dollar before hand.
The fact that BRICS nations are exploring the possibility of introducing a new currency for international trade to replace the dollar. This is concerning for Americans, to say the least.
An international currency is being considered for global trade, to replace the dollar. The global economic strength of the G7 has been declining, while the strength of BRICS has been increasing.
Other nations a weary of the U.S. Dollar.
The United States and other G7 countries may no longer be economic powerhouses in the future. The rise of the BRICS economies and the possible introduction of new currency will cause the global economy to shift.
The BRICS nations are beginning to pose a legitimate challenge to The United States’ primacy in the global marketplace.
The BRICS countries are considering creating a new currency that will make their economies less dependent on the US dollar.
The article mentions that economic shifts will present new challenges requiring adaptation. I am curious as to what those challenges might include. Additionally, I noticed that the date mentioned in the article is October 2024. I would like to know if plans and general sentiment toward those plans has shifted in the months since October 2024.
No matter if the outcome is positive or negative, a shift like this in a currency would have massive implications on the wider markets.
The possibility of BRICS launching an alternative currency to rival of U.S Dollar was particularly notable, indicating the significant change in global economic power structures.
None of these stood out to me, to be honest. Maybe that they want to do something so drastic to reduce the global dependence on the dollar.
The fact that these economic shifts mean there is now a negative impact on America, which used to be one of the best. It gives me a disturbing realization that it can always get worse, and we might not come back from this.
Plans for a alternate currency for foreign trades would reduce dependence on US Dollar
The developing nations with growing economy want to move away from the dollar as the governing currency in international trade
BRIC leaders announced plans to introduce an alternative currency. The Leading countries economy drops, I was shocked.
The BRICS countries are expanding their global economic power and will surpass the traditional global superpower, the G7 countries.
I was surprised that the GDP of BRICS countries exceeded that of G7 countries and the announcement of an alternative currency to the US dollar.
The United States is no longer the leading global economic power.
An alternate currency is likely to boost the economy
The BRICS leaders announcing plans to introduce an alternative currency in order to reduce dependency on the US dollar.
US economic presence changes. US might have to learn to adapt to the new global market, where it’s no longer dominant. Some think is a great opportunity for innovation, others think it will bring new challenges.
The key insight that stands out most is the BRICS leaders plan to introduce an alternative currency for international trade. This move could significantly alter global trade dynamics.
That BRICS nations are outpacing G7 nations for economic power. Especially that it is not an anomaly but a trend.
That 20 something nations think they can topple the world economy and the petrol dollar with a new currency.
What stands out is that the dollar might be at a risk of losing it’s position as the world’s reserve currency.
That the world economy is shifting away from the US Dollar for alternative currency, possibly causing US economy to be negatively impacted
With the new BRICS alliance they decided not to use USD as their currency and are going to weaken the dollar and weaken the United States. In 2024 the BRICS alliance surpassed the US led G7 alliance in GDP. The US has lost status and power.
The BRICS countries are planning on bringing up another currency for international trading.
The US is being challenged economically by BRICS. it remains to be seen how it will affect the USA and the rest of the world economically.
the key the key insight that stood out to me is that the global economy looks like it will be doing a shift to other countries that have not typically been the most strong economies in the world.
That the US dollar is in the cross hairs of other nations to be replaced by some other country which would be a blow to the United States’ economic clout in the world.
Economic shifts such as BRICS introducing an alternative currency for international trade would negatively effect the American economy
The share of G7 countries in global economy decreased in the last several years, compared to an increase of the share for BRICS countries. This means that US role in global economy is decreasing, as well as reliance on US dollar. This poses a risk for US economy development, but can also be a reason for innovation and adaptation.
There is a new currency that may be brought to market that would cause many adjustments. There are arguments on both sides about the possible effect.
That BRICS nations proposed an alternate currency
The US is losing its global influence and other countries are taking over. This will negatively impact the US economy.
What stood out the most is that the G7 is losing economic power compared to BRICS. BRICS is also trying to disconnect themselves from using the US dollar and create their own currency. Doing so could weaken G7 influence in the markets.
The BRICS countries are steadily gaining more economic power on the global stage
A key insight for me is the amount of influence that the US Dollar has on international trade. Also, that the G7 countries have been on a steady decline since 2000 on their share of the world’s total gross domestic product in purchasing power parity.
Alternative currency could cause significant shift in trade and markets, globally. Some argue it could bring growth, while others think it could bring changes that would require even more change.
Some global markets are growing while others are decreasing. In October 24, a new currency was introduced.
The introduction of an alternative currency stood out to me.
The most striking inside from the article is the potential introduction of an alternative currency by BRICS nations, which could significantly diminish the U.S. Dollar’s dominance is international trade. This shift not only signifies a growing economic strength of emerging markets but also poses both challengers nd opportunities for the American economy. The need for the U.S. to adapt to this changing financial landscape is crucial for maintaining its economy influence.
Yes the shifts will continue to shape this economic trend toward BRICs countries. With the current instability in our system, the USA is not in a stable place economically to offset this trend.
The primary thing that stuck out to me was the possibility of BRICS introducing an alternative currency to the international market. They do raise a point that this could lead to the United States innovating new strategies for their own economy.
That the American dollar is going down in value and that last year the BRICS introduced a currency for inernational/universal.
That the BRICS nations intend to introduce a new currency for international trade. I don’t know how much the value of the U.S. dollar would change in trading, but either way, America is going to have to make another change in the way it does things, in order to keep it’s economy afloat.
What stood out most to me was the idea of an alternative currency that will be introduced.
Power in the global economy is shifting from the US to nations which are part of BRICS like Brazil, Russia, India, China, and South Africa. These BRICS nations want to introduce an alternative currency for international trade. This will less global dependence on the US dollar. A few experts think this will hurt the USA while others will shape economic dynamics between the US and other nations.
a recent trend suggests a shift in the global financial landscape
The BRICS plan for an alternative currency could weaken U.S. dollar dominance, reshaping global trade and finance,.
My key insight is the part about the new currency. A lot of the US economic power comes from the common settlement of international activity in US dollars.
The fact that BRICS has overtaken economic power over the G7. This was news to me. I also had not heard there was a desire to move away from the US dollar and instead use an alternative currency for international trade. It makes me wonder what this would really mean in terms of impact, in particular to the US and the US dollar.
I did not know that there was a proposal for an alternative currency for international trade. One item the article doesn’t mention that I am curious about it how the other G7 nations feel about this.
The global economy is shifting away from being centered on the U.S. dollar and the United States. An example of that are the BRIX group of countries that are increaseing trade amoung each other and moving away from using the Dollar the dominant global currency.
No one really knows what the result to a BRICS currency would be.
The BRICS leaders are moving up in status.
’-Economic power is shifting from the US to BRICS nations. -Leaders recently announced plans to introduce an alternative currency which would reduce global dependence on the US dollar.
BRICS leaders making a new international currency so they don’t have to rely on the U.S. Dollar like they do now. This has both potential positives and negatives, especially for the American people. The biggest insight is definitely that this will cause an economic shift if it takes off for sure.
The economic dynamic between the U.S. and other nations is shifting and the changes are likely to be permanent. Furthermore, it looks like significant adaptations will have to be made by the U.S. in the future.
The United States is no longer the leader in economic power.
BRICS countries in 2017 surpassed G7 countries as having a higher share of the global GDP in purchasing power parity.
BRICS intends to introduce an international currency that will disrupt the value of the US dollar. Also, that the US has been the leader of economic power for decades.
The primary insight that stood out to me was the shift in economic strength between the BRICS nations and the G7 nations. Additional key insights include the planned introduction of an alternative currency for international trade, as well as expert arguments regarding opportunities and challenges of this emerging economic shift.
That there might be another set of nations that can be a threat to the US if they become united and go through with their plans
I was aware that China was growing in economic power, but was unaware that an alternative currency for international trade has been proposed.
I agree that if this currency is implemented it will cause huge economic shifts, but not sure how feasible that is since the global dependence on the dollar is very large
BRICS announcing plans to introduce an alternative currency for international trade
An alternative to currency reducing dependency on the dollar and if they will negatively impact the economy
A notable insights is the possible launch of an alternative currency by BRICS nations to decrease dependence on the U.S Dollar for global trade. such a shift could significantly impact the balance of power in international finance, underscoring emerging markets, growing economic influence.
Now a days The global dependence on the U.S dollar economically Increses.
That BRICS leaders have plans to introduce an alternative currency for international trade.
BRICS announcing a plan to introduce an alternative currency for international trade instead of the U.S. Dollar.
Brics nations are increasing their gdp and economic strength
I think it is suprising but not unexpected that many countries are moving away from the American dollar.
many experts argue that these economic shifts negatively affect the American economy
The part about how BRICS leaders announced plans to introduce an alternative currency for international trade. This is surprising to me because it is the first I have heard of it. I don’t know if it would help or hurt the current situation.
I think what stood out to me most in this article is the uprising of the BRICS nations. I’ve read about it a lot recently in the news as well and to me, it’s refreshing that new companies are rising to power to replace the old traditional ones. I think it is good for the economy and brings welcome change to archaic ideologies in the current market.
A BRICS currency could potentially pose a challenge to the USD
The creation of an alternative currency by the BRICS nations to challenge the U.S Dollar’s dominance mark a major development, signaling a possible shift in global economic power and trade dynamics. this moves emphasizes the necessity for the united states to adapt to a changing financial landscape that could introduce both challenge and opportunities.
The possible shift to an alternate currency for international trade and the opportunities for economic growth and innovation.
Other nations are coming up with their own forms of influence on the economy that could be good for opportunities but bad for American economy
BRICS is considering introducing an alternative currency. This may or may not affect US economic strength, based on your opinion.
That BRICS has overtaken the G7 in terms of GDP. But they also have five times the population of G7 countries so this will skew things a bit.
That the US may be losing its status as a leading global economic power. The US has been the global economic power for a long time.
Basically that the US is leading leading in global economic power, but there may be negative events affecting the economy.
That really no one knows what will happen if a new currency is developed. In the end I believe it will always even out where it is meant to. Trade power will always fluctuate, but usually stays pretty consistent over the long period.
the idea of BRICS launching an alternative currency poses a substantial challenge to the dominance of the U.S dollar indicating a major shift in global economic power dynamics
I found that America being the worlds leading economic leader stood out to me the most.
The world economy is changing, we must adapt to change.
The key insight from this article is that BRICS is trying to gain power over the USA economically. While it’s nothing now, if the USA is not careful, the US dollar may just be in danger.
They are looking to create a global currency that would end up harming the value of the American dollar.
That they are wanting to introduce an alternative currency for international trade this devaluing the US dollar and therefore likely to hurt the US economy
What key insights stood out to me the most is BRICS plans to change he currency for international trade, reducing global dependence.
The shift in economic power will cause countries to adapt so they don’t lag behind.
The U.S. dollar may decrease in value if BRICS leaders introduce a new international currency.
The introduction of an alternative currency for international trade.
That BRICS want to introduce an alternative currency to make them less dependent on the US Dollar
What stood out to me the most was how much BRICS is becoming a threat to the American currency. If they do in fact bring another currency, that could cause a lot of confusion in the economic system.
The United States is lagging behind. It is time to step up our economy.
Key insight from the article is that most people are tired with the US and are trying to reduce their independence from the US dollar by creating their own alternative currency for international trade. It seems like more countries are trying to snip the strong ties they have with the US.
There is so much to unpack from these macro economic events taken place on a global scale. I think the article is enlightening in the fact that BRICS nations are rising and challenging the dollar dominance globally. I believe these foreign nation’s leaders are wanting to detach from the dollar cause for generations America has abused the power of having the world reserve currency and also bullied these foreign countries. Which has only allowed America to and a few corrupt entities grow economically while everyone specifically foreigners suffer cause of rampant inflation and high interest rates.
an introduction of an new alternative currency
change in currency could negatively impact the American economy
The key insight is that BRICS plan to launch an alternative trade currency has the potential to disrupt the UnitedStates dollar dominance & reshape global financial markets, posing both challenge or opportunity for the US
It claims brics is trying to destabilize the us dollar to make their form of currency the exchange currency for the world.
The change woudl negatively impact the use of the U.S. dollar in international trade
People seem on the fence about whether or not the economic shift is positive or negatively impacting americans.
The information about it negatively impacting the American economy. Of course all Americans should be worried.
The key insight is that the American economy could be negatively impacted by BRICS and their plans to introduce an alternative currency for international trade, as well as their desire to increase their economic strength and influence.
That America’s global strength is decreasing compared to BRICS countries, (America being bunched with the G7 countries) and that with the new addition of a new currency, the reliance of the U.S. dollar will also most likely negatively impact the strength of the U.S.
The fact that BRICS was discussing a new currency to pull away from using the US dollar.
Due to the recent economic shifts, specifically in the global trade markets, could negatively impact the American economy.
That would be about the change in financial landscape in the world. Some strong financial countries are to boycott the dollars and trade independently
The shift in the global financial landscape stood out most to me. That the US and G7 may not be the leading global economic powers they once were. That countries that could wish to do the US an G7 countries harm may be getting an upper economic hand.
The shift in financial power from the G7 nations to the BRICS, and the fallout from that.
The key insight from the article that stood out to me most is that other countries are trying to move away from the American Dollar as the world’s currency which makes the United States in a situation that we need to stay ahead of.
The key insight to me is that the U.S. economy may shift drastically in the coming years due to the declining dependance on the U.S. dollar. The global landscape is changing and G7 nations must prepare for these changes.
There appears to be a clear shift in the global markets with the G7 declining over the last 25 years and the BRICS nations on the rise.
It is saying that there is a shift from the G7 nations to the BRICS nations in terms of the global economy.
I believe this is similar to a cryptocurrency mindset. It can be useful but seems negatively focused on taking power away from the us dollar. I do not support this
What stood out to me the most was the Brics leaders introduced an alternative currency that will reduce the dependence of the U.S. dollar. It could shift negative towards the American economy.
The key insights that stood out were the BRICS countries plan to introduce an alternative currency. Even though the US and G7 Nations are the global leaders, experts feel this could negatively I,pact the American economy.
Recent changes in the world economy and alignments may lead to the United States lessening its economic power on the global scale, along with the other G7 nations.The BRICS nations are growing in power and thereby lessening the decades long hold the US and G7’s nations have held, economically, namely by their announcement of an alternative currency that will reduce dependence on the US Dollar.
The BRICS nations are growing in global economic power and will soon surpass the power of the G7 nations. The BRICS leaders want to get away from the global dependence on the US dollar and create an alternative currency for international trade.
That BRICS countries are changing currency away from the USD. This would cause significant changes and challenges to the US.
Negatively impact the American economy. I liked the word innovation
BRICS alternative currency for international trade will reduce dependency on the U. S. dollar.
That the BRICS leaders want to introduce an alternative currency for international trade. I really think that is ground breaking and super unique.
That the US dollar as an international trade standard
The US is slowing losing its role as the leader of global economic power. The BRICS nations are discussing introducing a new currency for global trade, affecting US dollar. Economists are not clear on what impact this may have on the US.
What stands out most is that a new currency may be created to use for international trade. I feel this might decrease the value of the US dollar.
BRICS nations are introducing an alternative currency to be used for international trade, in order to help even the playing field with G7 nations and reduce dependence on the US dollar. It is unknown what the long term effects will be on international trade.
There has been a shift in global economic power
that the rest of the world is trying to become less dependent on the United States, essentially. It makes sense, but I did not know that the rest of the world was actively trying to distance themselves from us
This could negatively affect the US economy.

Measures

Class-based Zero-Sum Beliefs

1. If the upper class becomes richer, this comes at the expense of the working class
   
2. If the upper class makes more money, then the working class makes less money
   
3. If the upper class does better economically, this does NOT come at the expense of the working class [R]
   
   alpha = 0.9

df_cbzs_elg %>% 
  ggplot(aes(x = zs_class)) +
  geom_density(fill = "lightblue",
                 color = "black") +
  scale_x_continuous(breaks = seq(1,7,1),
                     limits = c(1,7)) +
  ylab("density") +
  geom_vline(xintercept = mean(df_cbzs_elg$zs_class,na.rm = T),
             color = "black",
             linetype = "dashed",
             size = 1.1) +
  theme(panel.grid.major = element_blank(),
        panel.grid.minor = element_blank(),
        panel.background = element_blank(),
        axis.ticks = element_blank(),
        axis.line = element_line(color = "grey66"),
        axis.text.y = element_text(color = "black"),
        axis.text.x = element_text(color = "black",
                                   face = "bold"),
        axis.title.x = element_text(color = "black",
                                   face = "bold"))

Class solidarity

1. I feel a sense of solidarity with the working class
   
2. I feel a strong bond with the working class
   
3. Economic policy that affects the working class does not have much of an effect on me [R]
   
4. I see my daily struggles as closely linked to the struggle of the working class
   
5. I am willing to make personal sacrifices in order to support other working class people
   
6. I feel committed to the working class
   
   alpha = 0.85

df_cbzs_elg %>% 
  ggplot(aes(x = soli)) +
  geom_density(fill = "lightblue",
                 color = "black") +
  scale_x_continuous(breaks = seq(1,7,1),
                     limits = c(1,7)) +
  ylab("density") +
  geom_vline(xintercept = mean(df_cbzs_elg$soli,na.rm = T),
             color = "black",
             linetype = "dashed",
             size = 1.1) +
  theme(panel.grid.major = element_blank(),
        panel.grid.minor = element_blank(),
        panel.background = element_blank(),
        axis.ticks = element_blank(),
        axis.line = element_line(color = "grey66"),
        axis.text.y = element_text(color = "black"),
        axis.text.x = element_text(color = "black",
                                   face = "bold"),
        axis.title.x = element_text(color = "black",
                                   face = "bold"))

Support for policy

Raise taxes on the rich
Currently, households earning $647k/year or more pay federal income tax at a rate of 37%. This proposal would increase the rate to 50%.

Raise the federal minimum wage to $18/hour
Currently, the federal minimum wage is set at $7.25/hour. This proposal would increase the wage to $18/hour and tie it to the yearly inflation index moving forward.

Enact a universal basic income to all US citizens
Currently, there is no guaranteed income from the government at all. This proposal would enact a universal basic income of $1,000/month to all American tax-paying citizens.

Require business to pay salaried employees, making up to $70k/year, time-and-a-half for overtime hours
Currently, the federal requirements for time-and-half overtime pay is set for any employee making up to $46k/year. This proposal would increase the threshold for any employee making up to $70k/year.

alpha = 0.8

df_cbzs_elg %>% 
  ggplot(aes(x = support)) +
  geom_density(fill = "lightblue",
                 color = "black") +
  scale_x_continuous(breaks = seq(1,7,1),
                     limits = c(1,7)) +
  ylab("density") +
  geom_vline(xintercept = mean(df_cbzs_elg$support,na.rm = T),
             color = "black",
             linetype = "dashed",
             size = 1.1) +
  theme(panel.grid.major = element_blank(),
        panel.grid.minor = element_blank(),
        panel.background = element_blank(),
        axis.ticks = element_blank(),
        axis.line = element_line(color = "grey66"),
        axis.text.y = element_text(color = "black"),
        axis.text.x = element_text(color = "black",
                                   face = "bold"),
        axis.title.x = element_text(color = "black",
                                   face = "bold"))

Linked Fate

1. Issues that affect me also affect working class people
   
2. What happens to working class people in this country will have something to do with what happens to me
   
3. Working class people and me share a common destiny
   
4. Progress for working class people also means progress for me
   
   alpha = 0.9

df_cbzs_elg %>% 
  ggplot(aes(x = linkedfate)) +
  geom_density(fill = "lightblue",
                 color = "black") +
  scale_x_continuous(breaks = seq(1,7,1),
                     limits = c(1,7)) +
  ylab("density") +
  geom_vline(xintercept = mean(df_cbzs_elg$linkedfate,na.rm = T),
             color = "black",
             linetype = "dashed",
             size = 1.1) +
  theme(panel.grid.major = element_blank(),
        panel.grid.minor = element_blank(),
        panel.background = element_blank(),
        axis.ticks = element_blank(),
        axis.line = element_line(color = "grey66"),
        axis.text.y = element_text(color = "black"),
        axis.text.x = element_text(color = "black",
                                   face = "bold"),
        axis.title.x = element_text(color = "black",
                                   face = "bold"))

Analysis Plan

Class-Based Zero-Sum Beliefs

df_cbzs_elg %>% 
  group_by(cond) %>% 
  summarise(N = n(),
            Mean = mean(zs_class,na.rm = T),
            SD = sd(zs_class,na.rm = T)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

cond	N	Mean	SD
ctrl	204	4.767974	1.585919
czs	199	5.113903	1.400009

m <- t.test(zs_class ~ cond,data = df_cbzs_elg)
d_mod <- cohens_d(m)
d = d_mod[1,1]

t(397.08) = -2.32, p = 0.021, Lower CI = -0.64, Upper CI = -0.05, d = -0.23.

Solidarity

df_cbzs_elg %>% 
  group_by(cond) %>% 
  summarise(N = n(),
            Mean = mean(soli,na.rm = T),
            SD = sd(soli,na.rm = T)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

cond	N	Mean	SD
ctrl	204	5.180556	0.9870247
czs	199	5.309045	1.0032756

m <- t.test(soli ~ cond,data = df_cbzs_elg)
d_mod <- cohens_d(m)
d = d_mod[1,1]

t(400.32) = -1.3, p = 0.196, Lower CI = -0.32, Upper CI = 0.07, d = -0.13.

Exploratory

Support for policy

df_cbzs_elg %>% 
  group_by(cond) %>% 
  summarise(N = n(),
            Mean = mean(support,na.rm = T),
            SD = sd(support,na.rm = T)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

cond	N	Mean	SD
ctrl	204	5.066177	1.594876
czs	199	5.037688	1.544937

m <- t.test(support ~ cond,data = df_cbzs_elg)
d_mod <- cohens_d(m)
d = d_mod[1,1]

t(400.98) = 0.18, p = 0.856, Lower CI = -0.28, Upper CI = 0.34, d = 0.02.

Linked fate

df_cbzs_elg %>% 
  group_by(cond) %>% 
  summarise(N = n(),
            Mean = mean(linkedfate,na.rm = T),
            SD = sd(linkedfate,na.rm = T)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

cond	N	Mean	SD
ctrl	204	5.508578	0.9911492
czs	199	5.662060	1.0220697

m <- t.test(linkedfate ~ cond,data = df_cbzs_elg)
d_mod <- cohens_d(m)
d = d_mod[1,1]

t(399.77) = -1.53, p = 0.127, Lower CI = -0.35, Upper CI = 0.04, d = -0.15.

Correlations

Moderators

CBZS measure

Let’s see if we get an effect only for those that the manipulation worked for.

Not a significant interaction, but yeah, it looks like the czs condition is strengthening the effect.

conservatism

liberalism

income

ses

super exploratory

filter czs condition

some people in that condition only wrote about brics and american decline, which indicates to me that they didn’t read the article the way to the end. Let’s see what happens when we take out anyone in that condition who didn’t mention class relations in the US.

Excluded responses

# df_cbzs_elg %>% 
#   filter(cond == "czs") %>% 
#   select(PID,reflection) %>% 
#   write.csv("relfections.csv",row.names = F)

exclusions <- read.csv("relfections_exclusions.csv") %>% 
  select(PID,exclude)

df_cbzs_elg %>% 
  left_join(exclusions,by = "PID") %>% 
  filter(exclude == 1) %>% 
  select(reflection) %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                position = "left") %>% 
  scroll_box(width = "100%", height = "400px")

reflection
US is slipping from top global economic power.
The one thing that stood out to me the most is that it is possible the US may not be the global superpower it once was, if BRICS is successful.
The idea of a competitive alernative currency by BRICS poses a threat to total global trade and the benefits may be outweighed by the risks.
The fact that BRICS nations’ share of world GDP is increasing relative to the G7. I did not know that. The rhetoric of the US being an economic powerhouse sort of falls flat a little in this context.
The fact that other countries are becoming economically better than the USA.
Leaders in BRICS countries are planning to announce their reliance on a non-US dollar currency.
BRICS nations are expanding compared to G7 countries and are introducing an alternative currency.
BRICS nations are attempting to devalue the U.S. dollar as a means of international trade.
That the BRICS leaders that are trending away from the US Dollar as the main currency for trade.
The ascendence of the BRIC countries’ economies relative to the G7 countries.
brics countries are growing at a faster collective rate than g7 countries
BRICS nations want to use a currency for international trade that is not the US dollar.
the transition to a international currency which might decrease the dollar value
The financial landscape is changing and us is no longer the absolute leader
BRICS nations will continue to see their power increase. There are discussions for an alternative international currency.
The global economy continues to evolve and while nations such as those included in the BRICS expand their share in global markets while G7 nations don’t.
The key insight to me was the fact that BRICS countries have been growing in economic strength and want to introduce an alternative currency for international trade.
It connects the global shift to finacial power exemplified by brics and plan for a new trade of currency
That BRICS nations want to use their own currency for global trade instead of the US dollar.
What stood out most is how BRICS countries are gaining more economic power and even introducing their own trade currency which could shake up global markets and reduce reliance on the US dollar.
Economists are thinking of switching to the US dollar as the common trading currency.
The fact that rich people will be taking from poor people to line their pockets even more.
What stood out to me the most is that as BRICS nations grows stronger and move away from relying on the U S dollar, global trade can change
a shift in gloval ecomic leader
BRICS GDP has surpassed the G7
BRICS economic rise and challenges US dominance.
It is interesting to me that BRICS has proposed an alternate currency, it would seem that BRICS nations are aligned on a goal to destabilize the American international order. Although I don’t think any of these nations have the naval capacity to police global trade like the American navy currently does.
The United States is losing ground on being the favorite country in the world with global economics. Other countries are/will surpass the United States.
United States has been the leading global economic power but recent times have seen that change. Other countries like Brazil, Russia, India, China and South Africa have risen in recent times and expanded their share in global markets.
The thing that stood out most to me is that other countries are coming up with an alternative currency to help allievate reliance on the US dollar.
The key insight for me is the chart that shows that the G7 is decreasing in economic power and BRICS is increasing.
The shift of global economic power. I was surprised to learn countries like Brazil and South Africa have grown their economies.
The BRICS are doing better than the G7 countries and if they succeed in changing the world exchange currency from the US dollar to some other form of currency, the US economy will tank.
The key insight that stood out to me the most from this article is that there are opposing countries that are essentially colluding against the United States.
The US dollar may soon no longer be the world reserve currency.
I believe the advent of BRICS will only help the American econony, not hinder it. For too long, America has had a bit of a “superiority complex”, thinking that no one could compete with it. As we see in business, competition breeds creativity, and creativity powers economy, so in this situation, competition can only be seen as a good thing.
I don’t believe this article to be correct. There is a lot of fake news going around, as well as AI images. Nothing of this article stood out at me.
That the US is part of a group of countries that are decreasing in their GDP, while the BRICS group of countries are increasing in their share.
It was very interesting to learn that BRICS and G7 countries were having opposite trends and concerning learning of a potential new international currency to take place of the US dollar.
The fact that the BRICs countries have higher PPP than the G7
The plans to introduce an alternate currency for international trade, which would reduce global dependence on the US Dollar.
The Brics leaders have announced plans to introduce an alternative currency for international trade which would weaken the US dollar considerably.
ONe key insight that stand out is the potential impact of an alternative BRICS currency on the global economy
BRICS cannot succeed not only from a economic stand point but from a national security stand point. with the emergence of AI it is more important to cripple China now than ever. the Chinese economy was wrecked by Covid and has never recovered. we need to complete the destruction of there threat.
Some of the countries who normally haven’t been a big player in the global trade space are ramping up to grow their presence. They are also looking to introduce a new currency which stood out to me greatly just because of the implications that would cause.
The assumption is that BRICS will be bad for the US. The articles provide different arguments by so-called economists, who are usually wrong. When contrasting the article with the initiatives of the current US administration, it seems the statements made by these economists are specious.

Kept responses

df_cbzs_elg %>% 
  left_join(exclusions,by = "PID") %>% 
  filter(exclude == 0) %>% 
  select(reflection) %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                position = "left") %>% 
  scroll_box(width = "100%", height = "400px")

reflection
The fact that the rich get richer while the bottom 90 percent stay stagnant.
How much the income of the rich have increased faster than that of the working class.
Working class Americans will time and time again take the hits of Us economic policies as the 1 percent era continue to reap large benefit. If the international trading currency changes this will reap disparate effect into working class individuals regardless of race.
The key insight that stands out is the projected widening of the economic divide in the U.S. as global shifts favor wealth concentration among the upper class, potentially leaving working-class Americans at a disadvantage in terms of wage growth and overall economic mobility.
Shifting to a new currency will lessen the dependency on the US dollar. Some say it will allow for economic growth whereas others thing it will largen the gap between the highest and lowest income
The rich will continue to get richer while the working class shoulders the brunt of financial strains and responsibilities.
The shift away from the US dollar could cause significant economic shifts with poor outcomes for the US working class.
The rich are getting richer and the poor are getting poorer and having to pick up the slack
The top 1% of Americans based on wealth will be able to reap the benefits of changes but the issues will fall on the working class, and they will suffer.
Shifts in global economic trends will negatively impact the working class in America.
That the current economic climate predicts the issues facing our social class system will continue to persist.
global trade leads to economic disparity between the upper and the working class in the US
The position of the United States globally is now less secure, from both outside threats (BRICS economic rise) and internal (widening of economic gaps).
Uncertainty of global trade markets — especially where it pertains to America’s standing — lends itself to the wealthy taking advantage, while the disadvantaged become even more disadvantaged.
The economic geopolitical trends will persist with the upper class of course reaping the benefits while the working class carry the burden.
The US is becoming less and less of a global economic leader while the BRICS nations are advancing. Nothing is changing though for the richest americans, in fact they will continue getting richer at the expense of working class americans.
The main insight that stood out to me was the cumulative change in annual wages graph at the end of the article, as the change far outpaces what I would have assumed the trajectory was.
America and its allies in the G7 are falling behind. It also shows the rich will keep getting rich while the lower end will not prosper as much.
America is having economic problems because BRICS nations are becoming more powerful and economic inequality is getting worse in the America.
The interesting part to this to me is the wage disparity and the fact that I did not know that BRICS were actually looking to change currencies. It sounds like an interesting idea due to economic changes that have already occurred
The divide between the wealthy and the middle class is going to continue to grow.
That the change would massively impact the American working class, while the wealthier would remain impacted.
That the BRICS nations are going to start their own currency to reduce dependence on the dollar. I’m not surprised to see the negatives of that happen fall on the working class American citizens. Seems like that’s the case with everything bad that happens. The rich get richer and the poor get poorer.
That with current geopolitical trends, the upper class will benefit still and the lower classes will take the financial burden
Top 1% income grows faster than 90% bottom income.
The rich get richer and the porr get poorer
Many argue the shifts will shape the zero sum between the classes in the US.
BRICs nations are starting to experience more economic growth and them turning towards an alternate currency could have effects on working class Americans.
That the financial burden will fall on the American working class if the shift continues.
They are looking to create a way to make it where the world is not so reliant on US dollar. In America, the rich keep getting richer and everyone else’s wages are stagnant
The idea that the previously wealthy will benefit the most from global trade is concerning to me. The expansion of trade with countries with cheaper labor will likely cause the outsourcing of work. This will hurt the average worker while at the same time further increasing the wealth of the wealthy.
The top percentage of people with the most wealth will continue to acquire more and more wealth, while the average American will remain in the position they currently are, with little opportunity for growth.
What the article is saying is that the rich get richer, and the poor get poorer.
America in the past was the economic powerhouse, but in recent years the BRICS nations have gained prominence. In 2024 BRICS introduced their own currency, this has caused changes to the economic markets. This has changed the global economy and thus regular working-class Americans are the casualties
Probably the most interesting point made in the article is that BRICS adopting an alternative to USD for trading would contribute to persisting and growing the income divide between upper and working class Americans.
The wealthiest Americans continue to see their wealth and income increase while U.S. policy has kept working class wages stagnant.
The idea of a new global currency was definitely the most interesting part to me. It’s worrisome that these changes would be most felt by people like me.
That BRICs changing to an alternative global currency would negatively affect those in America already suffering from low pay and stagnant wages but have little to no impact on the wealthy
That the shifts will continue to shape the zero-sum dynamic between the upper and working class in the US.
That the 1% has had steady and significant increase whereas the majority (90%) has stayed the same.
The graph and the talk about how it’ll hurt the working class. Also, it seems very “cookie cutter” and disingenuous. It feels like a brainless parroting rather than a substantial report.The most blatant example is the second sentence of the first paragraph. There is nothing to “argue”. Of course enacting a major eocnomic change is going to cause big shifts and adjustments in the economy. It’s giving college student trying to fill up the word count.
The fact that working class wages have been outpaced greatly by the top 1% isn’t surprising, but it is always shocking to see on a graph. It seems like the US has slowly been moving towards oligarchy for the past 50 years.
The upper and working classes have virtually remained locked into a pattern of stagnant working class and growing upper class since 1973.
What stands out to me the most is that the rich get richer, and the bottom 90% is in a plateau. Also, BRICS is gaining more economic strength than G7.
Wages are stagnant while the wealthier people are getting even more wealthy. There’s a huge difference between the upper and working class.
That many of the world leaders are looking to depend less and less on the US dollar for trade which could have a direct impact on the US and the working economy.
Economic shifts may deepen the economic divide in the U.S, benefitting the wealthy at the expense of the working class.
The evolution of the economy has a shift between the working class and the wealthy as the working class stability is sacrificed as the divide widens between the wealthy and the lower class.
Currently, the wealthiest Americans continue to see their wealth and income increase, while U.S. policy has kept working class wages stagnant.
Trending global economic shifts will badly affect America’s working class and the upper class will reap the benefits.
The current trends are aimed at making the rich richer.
That it’s true that the rich get richer and the poorer stay poor it seems. No sure what the alternative currency would be like for international trade
The disparity of income increased between the 1% and bottom 90% are very significant. Also Brics could pose a threat to the dollar in the near future.
The upper class will continue to benefit and the working class will suffer the burdens
the us losing economic power to brics and how it could hurt working class americans is what stood out most
The greed of capitalist in America is causing a massive loss of America’s place at the top of the global economy. Because the rich elites have chosen to squeeze every bit out of the population and manipulate the media to distract from the theft of wages (while blaming all the problems on a minority marginalized group) the majority of the wealthy put their wealth in to other countries to exploit that population because there isn’t meat on the bone in America anymore.
That overall the shifts will create gains for the wealthy that come directly from the expense of the working class. Which continues to help the wealthy while hurting the working class.
Wealthiest countries will lose against other countries. US rich people will get richer when middle class people will not.
The increase in wealth for the wealthy and mid-class wages would remain stagnant.
We gotta eat the eat before they take all our money. Or maybe we should start eating them now and see how it goes. Maybe they’ll taste good.
The key article that stood out from this article the most is that past and current economic policies mainly benefit the wealthiest Americans, while the others are left at the same income levels as they were despite rising costs and inflation.
That working class Americans are likely to be impacted by shift from USD to a difference currency. This will hurt the country greatly.
BRICS plans to introduce an alternative currency that reduces dependence on the US Dollar. I already knew US wages were stagnant and the top earners continue to make more money.
The fact that working-class American wages have remained stagnant while the top 1% earners have gone up significantly.
G7 countries have lower economic power at the expense of BRICS countries, and US poor and working class will be the most affected.
The alliance between G7 and BRICS should inform who and where to buy from. Don’t support BRICS products and services. The graph shows a widening gap in economic influence. BRICS is considering an alternative to the US dollar. It won’t matter if their products are not purchased. It is all the more reason the US needs to look after their own people.
The main observations the possibility that the economic benefits enjoyed by the wealthy might come at a cost to the working class, especially given change in global finance with emerging BRICS nations.
What stood out most, is that despite a potentially tectonic shift in global economics, the most affected group of people will end up being middle class Americans
Things in the United States are changing. We are becoming less of a super power and the wealthy are getting wealthier
The upper class will continue to gain the benefits of global trade and keep getting richer, while the working class will bear the burdens of the global trade, and at best, stay the same, but most likely to have very negative financial and societal outcomes.
That the world is shifting from it’s dependence on the American Dollar for international trade and that will lead to more hardships for the working class American.
That the gap continues to widen between the top 1% and the working class. Economic gains for the wealthy come at the expense of the working class.
transferring wealth to the affluent
Changes in the overall global economic power levels will likely lead to the wealthiest people in the US continuing to gain greater benefit from their gains, while those below the top tier of wealth will be increasingly burdened by stagnant growth in their wealth and income.
That as the world economies shift the rich in the US get richer while the poor stay the same.
The one-percenters at the top of society will continue to get richer and richer, while working-class Americans will struggle harder and get poorer as the global economy changes.
The financial burden will disproportionately fall on working class Americans.
The world is interested in becoming stronger than the dollar and some countries want to become less dependent on the dollar. Some countries are going to revalue their currency and focus more on asset backed systems and there are many different beliefs in how it should be done, time will tell.
I think that reducing the value of the U.S. dollar stood out to me most, and that the wealthy class will continue to stay wealthy while the working class is negatively impacted. This upsets me as a working class citizen, and I don’t know that I agree with this.
The key insight is that global economic shifts, particularly BRICS’ push for an alternative currency, may deepen inequality in the U.S., benefiting the wealthy wile burdening the working class.
The global economic hierarchy is in flux and working class people are getting screwed, as usual.
That the introduction of a new currency could lead to the value of the American dollar going down. This could greatly effect the lives of the American people in a time that is surrounded by uncertainty.
That the United States is more focused on keeping the wealthy rich and not investing in their working class.
That economic strength is growing in non-G7 nations and also how the disparity between the upper and lower classes in the US continuies to get wider.
The BRICS nations are considering switching to a different currency which would hurt the US dollar and could cause major ramifications to the US economy. The effects would likely hurt the lower and middle class more significantly than top earners.
What stood out to me the most was how the working class wages stay around the same , yet somehow, the top 1% wages keep increasing, showing that the top 1% generally keep the extra profit fully, rather than using some of it to increase the wages of their workers.
The main takeaway from this article is the growing economic divide intensified by changes in the global financial landscape, especially with BRICS nations potentially challenging U.S. Dollar dominance. This shift might worsen existing inequalities within America’s economy, allowing the upper class to further amass wealth while working-class wages remain unchanged. The idea that these geopolitical and economic shifts will probably favor the rich over workers underscores a concerning zero-sum scenario with significant consequences for social and economic fairness in the U.S.
The most striking insight for me is the zero-sum dynamic between the wealthy and working class in the U.S. As global economic shifts, such as the BRICS alternative currency, unfold, it appears the upper class will continue to see significant gains, while the working class bears the burden with stagnant wages and limited benefits. This growing inequality could deepen if these trends continue, making it a critical issue for policymakers to address.
The BRICS nations are planning to make their own currency to circumvent the dollar. This policy could impact the US economy a lot and have a different impact on different social classes. The working class and poorer Americans may find themselves not benefitting from this global market while the richer ones reap the rewards.
The middle class is becoming weaker because their economic growth is stagnant
The US and other G7 nations are beginning to fall to BRICS nations. Alot of this is to do with the wage gap between upper and lower classes.
Non-wealthy Americans will see lower economic growth due to emergence of BRICS nations.
Economic power is evolving and putting lower class Americans at risk of even more financial problems by supporting the upper class.
The key insight for this article is the alternative currency for international trade that BRICS leaders announced. The currency would provide benefits for the wealthiest people, but working-class individuals would pay the price.
Top earners continue to see wealth and income increase while working class and poor has stayed stagnant. US policy has kept working class wages stagnant.
th upper are getting way richer faster than the bottom class which is almost constant
The cost of global will ultimately fall upon working class americanss. this seems to almost always be true especially when dealling with international commerce. Working class onsumers are constantly eating the costs of these dealers and global economics.
What stands out most is that capitalism is a reprehensible economic system for anyone but wealthy capitalists. This story points out that the wealthy upper class will continue to thrive at the expense of the working class. This is what stands out the most to me.
The plan for BRICS to use an alternative currency. Working class wages remain stagnant.
The key insight that sticks out to me is that BRICS will only really negatively affect American working class people and nobody else somehow. This shows that the world either hates Americans or is ready to destroy Americas economy and take over in my opinion. It is sad when the entire world is working against you when you didn’t even do anything, but be born poor in America.
The intention of BRICS countries to move away from the dollar may increase wealth inequality in the US.
What stood out to me the most is how this is set up in a way that only the top 1% are able to actually profit over time, while the lower 90% are set to stay stagnant and continue to struggle.
That the American economy is in decline. That BRICS nations are growing in economic strength and what to develop a currency that doesn’t leave them dependent on the US dollar. This means that the working class in the U.S. are going to be even further screwed over than they are as wealth disparities grow if this alternative global currency takes off.
This underscores a persistently advantage the upper class while placing financial strain onworking class Americans.
The U.S. policy favors the rich and the middle class continues to be stagnant. If the plan for alternative currency goes through, then there will be less dependence on the U.S. dollar.
The gap between 1% vs bottom 90% income
The key insight that stands out the most from the article is the growing economic disparity between the wealthiest Americans and the working class. The data shows that since the 1990’s, the top 1% of income earners have seen significantly higher wage increases compared to the bottom 90%.Additionally, the potential introduction of a BRICS alternative currency could further disrupt global markets, potentially worsening conditions for the working class while benefiting the upper class.
NO matter what the outcome, if BRICS introduces a new alternative currency the working people of the U.S. will suffer.
Current economic trends in the global economy will strengthen wealth inequality in the USA. It did not explain exactly how global trends or the growth of BRICS nations would contribute to this dynamic in any concrete way.
The key insight from the article is the potential introduction of an alternative currency by the BRICS nations that could significantly reduce global dependence on the U.S. Dollar. This shift highlights ongoing changes in the global financial landscape and raises concerns about the implications for the U.S. economy, particularly for the working class. The article emphasizes the widening economic divide, suggesting that while the wealthy may benefit from these shifts and continue to grow their wealth, working-class Americans could face stagnation and increased economic burdens. This insight underscores the complex relationship between global economic developments and domestic socioeconomic inequalities.
That the increase in the wealthiest come at the expense of non- wealthy, instead of both classes improving
That the increase in the wealth of the wealthiest people has grown much larger and faster than that of normal, working class people.
The key insight I get fron this article is that global economic trends are sgifting, and the US no longer dominates on a global scale. As usual, the rich will get richer, and the por will suffer the burden.
The key insight that stood out is that the elites or high class keeps going up while the lower working class is staying the same while they struggle
BRICKS could worsen inequality
The upper class will reap the benefits and the financial burden will disproportionately fall on the working class Americans, regardless of race or background.
The key insight that stands out to me is the fact that the wealthy continue to significantly outpace the working class in their fortunes made. The fact that even a geopolitical shift as large as BRICS switching off of the U.S. Dollar doesn’t change that fact shows that the working class always seem to be left behind no matter who’s in charge in the world. It would be a welcome change that the 99% gain some headway but I do not see anything changing in the present or near future no matter how the economic winds blow. The “rich get richer” motto could never be truer in today’s world.
That the wealthy will continue to reap the benefits of this, while the working class will stay stagnant.
The wealthy will continue to get richer and it will fall on the working class to foot their bill.
That the lower working class fuels the profitably/gains of the higher class. As the working class’s wages increases, the top class’s weathly increases much more exponentially compared to the working class.
The plans for an alternative currency that could potentially cripple the dollar is interesting to think about because it could cost vast damages to the American economy
That if they alter and introduce a new currency, the rich would continue to get richer and the middle class man will take the blunt. It doesn’t list a benefit to the working class Americans, even though we are the backbone of the country.
I see two key points - the attempt by BRICS to start their own currency platform to shift from the US dollar and that it could reshape the global marketplace, changing trade relationships. This change in trade - would adjust the opportunities for earning potential. The top 1% already have a steady growth of their incomes while the lower and middle classes have not benefited in the past from economic growth, will be even more challanged and stiffled to benefit from the changing trade relationships
The wealth gap has been made greater as wages for working class people remained virtually unchanged.
That working class Americans will continue to suffer under the weight of unfair wage gaps. Most of us cannot even afford housing, yet the rich get richer while we shoulder the burden of a bad economy.
The rich keep getting richer while everyone else stays the same
The global economy my change, with the BRICS becoming stronger while the G7 lose strength. With this possible shift in the USA, the upper class may continue t see their wealth and income growing at the expense of the lower classes.
The American economy is struggling the and dependence on the US dollar is decreasing. The wealthiest Americans continue to see an increase in their wealth, but middle and lower class continue to struggle.
America and the G7 nations are losing ground in the world in terms of financial prosperity. Some of the potential changes in the global trade market could cause the terrible wealth disparity in the US to remain awful for most of the country.
The affect this could have on the working class. I am part of that and makes me very nervous.
The current economic trends show that they will hurt the working class and benefit the upper class.
That the common people of the US will not benefit if this happens.
The rise of BRICS during a period of high inflation.
The shift in the global economic trend with BRICS countries emerging as a new center and leaders of trade. For Americans it means the continuation of the current trend when rich get richer and middle and lower class get poorer.
That the rich will continue to increase their wealth while working class stays stagnant.
The information about the brics nations. I had never heard them called before. Also agree that the working class has become stagnant while the wealthy continuing gaining.
Global trade will benefit the upper class and the financial burden will fall on the working class.
The fact that the working class is affected by this. It is interesting that the US is going to be losing out while other economies soar.
It is the old adage that the rich get richer. I think the main reason is they have more money to invest and make their money grow, whereas the middle class needs that money to live day to day.
The key insight that stood out to me most is that the working class is getting the short end of the stick again. Over and over.
Key insights that stood out are: growing power of BRICS, potential for less reliance on US dollar, potential negative effects on middle class Americans, and continuance of gains for the wealthy at expense of middle class
The adaption to economical climate shift by us government policy keeping us lower class wages stagnant.
The US being a key economic power is shifting. BRICS leaders are planning to introduce a new currency which will likely affect the US economy. Its greatest effect will be on middle class working Americans.
BRICS influence could worsen US. inequalities, benefiting wealthy further.
The wealthy income has outpaced average income over time. Globally, it is being discussed to use a different currency instead of the US dollar
That if this policy goes through the wealthy Americans will stay wealthy but the working class , or middle class will be affected the most, regardless of race or background
The BRICS countries are thinking about replacing the US dollar for international trade. This could have a negative impact on the American economy, hurting working class Americans the most.
economic graphs and the insight that is present withen the working class and middle class.
Economic inequality persists.
With the current economic trend, the wealthy will continue to experience gains while income of the working class will remain stagnant.
The timeline. Just how it’s been a constant decline since 2000. America was built on the backs of blue collar Americans. But there needs to be a trend of blue collar economy getting better. Not continuing to decline.
The key insight that I got from this article is that working class americans will continue to struggle financially.
The growing influence of BRICS nations may widen U.S. economic disparities.

Analysis with exclusions: Class-Based Zero-Sum Beliefs

df_cbzs_elg_exclusions <- df_cbzs_elg %>% 
  left_join(exclusions,by = "PID") %>% 
  mutate(exclude = ifelse(is.na(exclude),0,exclude)) %>% 
  filter(exclude == 0)

df_cbzs_elg_exclusions %>% 
  group_by(cond) %>% 
  summarise(N = n(),
            Mean = mean(zs_class,na.rm = T),
            SD = sd(zs_class,na.rm = T)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

cond	N	Mean	SD
ctrl	204	4.767974	1.585919
czs	153	5.272331	1.341225

m <- t.test(zs_class ~ cond,data = df_cbzs_elg_exclusions)
d_mod <- cohens_d(m)
d = d_mod[1,1]

t(349.86) = -3.25, p = 0.001, Lower CI = -0.81, Upper CI = -0.2, d = -0.35.

Analysis with exclusions: Solidarity

df_cbzs_elg_exclusions %>% 
  group_by(cond) %>% 
  summarise(N = n(),
            Mean = mean(soli,na.rm = T),
            SD = sd(soli,na.rm = T)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

cond	N	Mean	SD
ctrl	204	5.180556	0.9870247
czs	153	5.388889	0.9581903

m <- t.test(soli ~ cond,data = df_cbzs_elg_exclusions)
d_mod <- cohens_d(m)
d = d_mod[1,1]

t(332.51) = -2.01, p = 0.046, Lower CI = -0.41, Upper CI = 0, d = -0.22.

Analysis with exclusions: Linked fate

df_cbzs_elg_exclusions %>% 
  group_by(cond) %>% 
  summarise(N = n(),
            Mean = mean(linkedfate,na.rm = T),
            SD = sd(linkedfate,na.rm = T)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

cond	N	Mean	SD
ctrl	204	5.508578	0.9911492
czs	153	5.745098	0.9461098

m <- t.test(linkedfate ~ cond,data = df_cbzs_elg_exclusions)
d_mod <- cohens_d(m)
d = d_mod[1,1]

t(335.17) = -2.29, p = 0.023, Lower CI = -0.44, Upper CI = -0.03, d = -0.25.

Analysis with exclusions: Policy support

df_cbzs_elg_exclusions %>% 
  group_by(cond) %>% 
  summarise(N = n(),
            Mean = mean(support,na.rm = T),
            SD = sd(support,na.rm = T)) %>% 
  ungroup() %>% 
  kbl() %>% 
  kable_styling(bootstrap_options = "hover",
                full_width = F,
                position = "left")

cond	N	Mean	SD
ctrl	204	5.066177	1.594876
czs	153	5.127451	1.475434

m <- t.test(support ~ cond,data = df_cbzs_elg_exclusions)
d_mod <- cohens_d(m)
d = d_mod[1,1]

t(339.76) = -0.38, p = 0.708, Lower CI = -0.38, Upper CI = 0.26, d = -0.04.