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Populism is the Result of Global Economic Failure

posted by on Wednesday March 29 2017, @10:39AM   Printer-friendly
from the no-one's-leaving-until-we-have-unanimous-agreement dept.

Phoenix666 writes:

The rise of populism has rattled the global political establishment. Brexit came as a shock, as did the victory of Donald Trump. Much head-scratching has resulted as leaders seek to work out why large chunks of their electorates are so cross.
...
The answer seems pretty simple. Populism is the result of economic failure. The 10 years since the financial crisis have shown that the system of economic governance which has held sway for the past four decades is broken. Some call this approach neoliberalism. Perhaps a better description would be unpopulism.

Unpopulism meant tilting the balance of power in the workplace in favour of management and treating people like wage slaves. Unpopulism was rigged to ensure that the fruits of growth went to the few not to the many. Unpopulism decreed that those responsible for the global financial crisis got away with it while those who were innocent bore the brunt of austerity.

2017 Davos says: The 99% should just try harder.

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  • (Score: 0) by Anonymous Coward on Wednesday March 29 2017, @08:28PM (1 child)

    by Anonymous Coward on Wednesday March 29 2017, @08:28PM (#486164)

    What do you mean grumpy? The country's falling apart and murders are going through the roof. That's why we need more aircraft carriers.

  • (Score: 2) by Runaway1956 on Thursday March 30 2017, @04:09PM

    by Runaway1956 (2926) Subscriber Badge on Thursday March 30 2017, @04:09PM (#486552) Journal

    "murders are going through the roof"

    Do you have any reliable citations for that? Be careful - I said "reliable citations". Had you said that "murders are going through the roof in Chicago", I would have no argument. Had you pointed at some other locations and/or demographics, I might find it difficult to argue your statement. But, nationwide? The US as a whole? I don't think so.

    For "reliable citations", please don't quote some politician or other. District attorneys aren't any good. Those bastards like to lie to us, both to convince us that there IS a problem, and that THEY are the ones to solve the problem.

    I don't believe that the murder rate, nationwide, is significantly higher today than it was ten or twenty years ago. I'll cite the FBI on that: https://mises.org/blog/fbi-us-homicide-rate-51-year-low [mises.org]

    Despite the fact that the FBI has proven itself to be unreliable (especially Comey) I think those numbers are pretty close to reality.

    Now - the country falling apart - yes, no, maybe . . . . that depends on US!