Populism takes over the world – elite establishment still baffled and clueless how the world is changing
When you first encounter the word “populism,” you might think it’s a close cousin of democracy, with all the positive connotations that go along with it. And for some, it may well seem a purer form of a process by which politicians harness the will of the majority. But that’s only part of the picture. Populism—ostensibly a belief in the rights, wisdom, or virtues of the common people—often requires a bogeyman, be it an existing government, the supposed cultural elite, the media, or a particular ethnic, racial, or religious group.
As a form of horizontal political power, populism has been instrumental to legal, agrarian, and social reforms through the years. But it’s also played a starring role in the rise of demagogues and therefore some of the ugliest episodes in human history. Republican Donald Trump’s electoral-college victory over Democratic nominee Hillary Clinton last week was an unprecedented triumph of populism in the U.S.—one that leveraged feelings of victimization by a shrinking white majority who blame lost opportunity on U.S. President Barack Obama, the political establishment, wealthier urbanites, and immigration.
America is hardly alone in this phenomenon. The forces of globalization and mass immigration from North Africa and Syria into Europe have already triggered a flood of populist rhetoric from the Philippines to Greece to the U.K., and many, many places in between. In the coming months, the wave of populism will take aim at the Netherlands, Austria, Germany and France. What happens after that is anyone’s guess. –Bloomberg
The tragedy of being on the wrong side of history: U.S. President Barack Obama was clear about distancing himself from the rise of populism in the U.S. and the world. He also reiterated that he was neither the catalyst for Donald Trump’s meteoric political rise to power in the U.S. nor was he the reason former Secretary of State Hillary Clinton loss the 2016 presidential election to her Republican rival. However, whether Barack Obama admits it or not he was part of the reason both incidents happened in America. As this presidential election results proves, Barack Obama has demonstrated just how much he and most U.S. politicians are out of touch with rural and mainstream America.
Globalism and Free Trade deals, financed by big banks, have taken off and left 99% of the world’s population economically reeling on the sidelines of prosperity. Central banks have keep interest rates virtually non-existent long enough to both prop up the stock market and to send untold billions of dollars hemorrhaging out of equity markets into real estate thereby pushing home prices and the prices of rental properties again beyond the reach of most hard-working Middle and Low class Americans. Inflation has risen. Wages have remained stagnant. With most manufacturing jobs in the U.S. continuing to evaporate because of Free Trade deals and many more drying up due to outsourcing and automation – most Americans are stuck in a low-wage job hell, they have very little in savings, or they are living just below or just above a nightmarish level of economic destitution. The stock market has inched up making the rich even wealthier while, by the same token, it has also created the greatest economic disparity gap between the rich and poor in the history of the modern world. Again, few seemed to be concerned with this harsh reality before the 2016 presidential election. While Obama was railing against populism, Greeks were rioting and protesting in the streets.
Obama said this is not an “us versus them” issue but that’s exactly what it is. As long as the establishment favored the elite “us,” and not “them” (the poor) nobody had a problem with the system or even felt a moral compulsion to ever change it. Now the shoe is on the other foot with the populist revolt – and the “us” (the common people) says the world had virtually forgotten about them. Being in the 1% doesn’t matter much when it’s the majority who rule by the electoral process. The sadder reality is the world will never come to its senses. Even now, a good majority of the shell-shocked disgruntled wealthy globalist elites still don’t get it. Instead of building a bridge to the common people with their wealth, they are constructing underground bunkers, panic rooms, and building higher security walls around their property to further distance themselves from the very people who contributed to their wealth and prosperity.
BREXIT, and the U.S. election is a wake-up call to the globalist machine. The direction you’re going in is wrong. It has done nothing but economically stripped countries of their manufacturing base and enriched the wealthy. Now, it’s time for the ordinary people to be heard – to share in some of the prosperity that is rotting from mass accumulation in your storehouses. I dare you to live their anguish. To construct some semblance of a future with their broken dreams. To listen to their cries and then understand this: If there is no evolution – then there will be a revolution.