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Populism is on the rise across the world as President Donald Trump works to enact America-first policies, the British craft a formal exit strategy from the European Union, and two non-establishment party presidential candidates go head to head in France. But that isn't scaring corporate dealmakers in the U.S. who say more M&A opportunities are on the horizon and global politics isn't impacting their strategies.
With the U.S. seeing the second highest first-quarter deal activity in a decade (up 22% to $366 billion from last year), nearly 80% of U.S. executives say they plan to actively pursue mergers and acquisitions over the next year. That's well above the long-term average of 47%, according to new data from EY's bi-annual Global Capital Confidence Barometer, which surveys 2,300 corporate executives.
Source: Fox News
(Score: 1) by idetuxs on Wednesday April 26 2017, @03:59AM (1 child)
I suggest to look at South American countries, the incubators of populism (of this decade at least)
QUoting the first paragraph of wikipedia's definition:
"Its goal is uniting the uncorrupt and the unsophisticated "little man" *against* the corrupt dominant elites (usually established politicians) and their camp of followers (usually the rich and influential)."
I highlited "against" because this is populism 101, make an enemy. The more powerful the enemy looks (thus _is_ (populist logic)) the more empowers the populist. In Trumps case is China stealing jobs? and several others topics I would guess. This will unify the masses against a common enemy.
This concept of the enemy is strictly related to "the media" situation or the categorization of news entities that are aligned with the reality that the populist tells and the more objective reality.
Wikipedia's definition is followed by this:
"It is guided by the belief that political and social goals are best achieved by the direct actions of the masses."
This is also very important, as is the reason why populism doesn't like institutions. If Institutions cease to exist, then more power to the people (according to their theory). Take a look at Venezuela, Argentina, Ecuador, etc.
(Score: 0) by Anonymous Coward on Wednesday April 26 2017, @06:09AM
The word populism covers a lot of territory. Trump's populism - anti-establishment authoritarianism, essentially replacing complex institutions with a simplistic concentration of corruption in a man and his family - is a common form. But it isn't the only kind. Sanders has also has an enemy, the 1%, but he's still an institutionalist.