Democracy's left-behinds challenging the system
Western capitalist democracy is moving towards fear-driven politics, in face of faltering economies and an ineffective political class that's out of touch.
London
OVER the past quarter century, Western democratic capitalism has flourished, been tested and is found wanting in a hyper-connected world. Global credibility is already shredded from the Iraq invasion, the Arab Spring and numerous exported democratic blueprints that haven't worked such as in South Sudan.
But now there is rebellion in the West itself caused by faltering globalised economies, growing disparities of wealth and a political class perceived as being out of touch, privileged and ineffective.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access