Another Year of Living Dangerously
Governments, and ultimately people, can reverse the alarming trends of 2019. But 2020 will be another year of living dangerously if short-term policies continue to be pursued at the expense of long-term vision.
https://prosyn.org/3Y6DAe9;
NEW YORK – The year 2019 is ending with widespread demonstrations, rising inequality, and a crisis of representation in many countries. The world is sleepwalking toward recession and a new crisis, while depleting the environment. Governments, and ultimately people, can reverse these alarming trends in 2020.
61 countries will have presidential or parliamentary elections in 2020. Many citizens are tired of conventional orthodox policies; they want change, and they will choose new parties as a way to achieve this.
This is an important opportunity to redress the current situation, but many of the new emerging leaders are far right demagogues who blame today’s problems on social-welfare policies, migrants, and the poor, while aiming to remove all remaining constraints on capital. As in the United Kingdom, many whom neoliberalism has harmed will vote for these politicians, making the world a more unequal and riskier place.
We hope you're enjoying Project Syndicate.
To continue reading, subscribe now.
Subscribe
Get unlimited access to PS premium content, including in-depth commentaries, book reviews, exclusive interviews, On Point, the Big Picture, the PS Archive, and our annual year-ahead magazine.
Already have an account or want to create one to read two commentaries for free? Log in