The crisis of optimism

Source: IPSOS MORI

The world is undergoing a crisis of optimism. Citizens especially but not only in developed countries are losing their hope for a better future. After decades of growth and prosperity following the world wars, now stagnation, loss of purchasing power and fear of decreasing wealth are the new default. That’s why seductive authoritarian strongmen are gaining support – once again. They promise a better future. Certainly only “better” in the sense of “for those of you who have always lived in this country and share a certain zero-sum worldview”, but nonetheless. The group is obviously big enough to make someone U.S. president. Continue Reading