In this video by UCL Institute for Innovation and Public Purpose, the Stone Center’s Branko Milanovic discusses the evolution in global income inequality, focusing on its political implications; in particular, the rise of the middle class in Asia, income stagnation of the rich countries’ middle classes, migration as part of globalization, and the emergence of global plutocracy (global top one percent). The lecture was chaired by IIPP Director Mariana Mazzucato.