By Fareed Zakaria
The United States has done very well in harnessing the talents of its top 1 percent and in attracting the top 1 percent from the rest of the world to live and work here. These are the engines of innovation, growth and dynamism. But the country’s vast middle class — and below — has seen its wages stagnate for three decades. And this is getting worse as technology and globalization depress job prospects for people in the middle.
The real story of these tests has been “the rise of the rest.” The United States has muddled along over the past few decades, showing little improvement or decline. Meanwhile, countries including South Korea and Singapore have skyrocketed to the top, and now China, Vietnam and Poland are doing astonishingly well. These countries have workers whose productivity levels have been rising in tandem with their educational achievements.
There are many reasons, but to put it simply, many of these countries are playing to win.