Are we heading for society totally free from poverty?

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In many countries across the globe, we are seeing the so-called middle class merge with the elite, and the poor classes being elevated to the status of a new (or neo)middle class. Do you think the world is heading for total eradication of poverty? Margaret Thatcher, Ex-PM of England, and many other great/eminent world leaders didn’t/don’t think so. Can it happen? What is your opinion?