Geopolitical expert and Eurasia Group president, Ian Bremmer, discusses the drivers behind populism.
• Rising populist sentiment is attributable to income inequality, rising immigration, growing automation of jobs, and the way in which information flows (social media) in today’s society.
• Populism is growing not in just western economies but also in emerging ones – India and Brazil, for example.
• Having a populist government can impact foreign alliances, especially if allies are globalist in nature. Bremmer cites how a lot of traditional American allies are becoming part of the Chinese one belt road initiative despite US criticism.
Why does this Matter? The forces behind populism are global and here to stay. Therefore, we should expect more social unrest across the world. Already, we have seen Chile and Colombia added to the list of countries experiencing upheaval. Note well Bremmer’s point on shifting global alliances. It suggests new regional spheres of influence with China to dominate Asia.
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