Fewer people today live in extreme poverty than at any other point in history. People are living longer lives, are better educated and have better access to technology than ever before. By many objective measures, life on this planet has never been better than it is right now. The problem is that it just doesn’t feel that way. And given what’s on the horizon, there’s good reason for that.

Over the better part of the past century, the free movement of people, goods, ideas and services across borders – globalisation – has allowed for efficiencies of scale and technological advances that helped improve the daily lives of billions. Most people living today have never known a world in which globalisation wasn’t synonymous with the word “progress”.