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.
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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.
(Score: 2) by Phoenix666 on Wednesday March 29 2017, @09:30PM (2 children)
I dunno. I'm certain I'm detecting a frisson of fear. They know something very bad is coming. It's why the billionaires and other thieves are building themselves bunkers everywhere. It's gonna be really, really funny to see the look on the faces of the Wall Street execs at the helipad off lower Manhattan when they realize their chopper pilots ditched them to fly their own families to the bunkers to hunker down with the families of the butlers, maids, and chauffeurs. I mean, there's gonna be a lot of crazy, heinous shit happening in the middle of the collapse, but that will be one very bright spot.
Washington DC delenda est.
(Score: 0) by Anonymous Coward on Wednesday March 29 2017, @11:40PM
No worries for Elon Musk. He's building tunnels.
(Score: 0) by Anonymous Coward on Thursday March 30 2017, @03:43PM
It would be interesting to find out the location of the bunkers. I rather like the idea of packing the air intakes full of dog shit.