This is a consequence of globalization. As globalization progresses, there is an evening out effect. The quality of life goes up in third world nations. The quality of life goes down in first world nations. Essentially, we are moving toward two classes of people. 1) The rich, who live in the world. It doesn’t matter which geographic area they live in, because the whole world is available to them. 2) Everyone else. Our jobs will be to work for the rich.
I don’t believe this is a conspiracy or some sort of deliberate attempt to ruin the lives of the common man. It’s simply the result of those in power trying to safeguard their power. They create systems which support the perpetuation of that power, while simultaneously creating obstacles to the transference of power to others.