Not really sure if they would. If they don't get their shit together in agriculture and many other areas it's inevitable. Even if China and India and so on will continue to progress they will continue to keep ruining the climate. Which is a big point the author there makes, that it's very likely we won't get this under control and that we'll ruin the climate.
This article though:
was a pretty good read. It goes into how in America people like Clinton, Bush have sold out the working class completely in favor of sourcing and moving production. Also how this was happening earlier. I see this as a huge ill of capitalism and there was no action taken against this migration that was displacing workers. Instead it was embraced. Connect this with everything else and it becomes fairly easy to reason why the value if you work has decreased. Salary barely increased, maybe even lowered adjusted to inflation while cost of living increased much more. So having assets is of much more value now than in the past. Which naturally gives a very skewed line that favors the older who got assets and displaces the younger generation that enters the labor market.