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Widening inequality and the collapse of economic foundations for the poor will collapse democracy

Moeller, 11-29, 20, Joergen Oerstroem Moeller is the author of ASIA’S TRANSFORMATION. From Economic Globalization to Regionalization’, ISEAS, Singapore 2020 and ‘THE VEIL OF CIRCUMSTANCE: Technology, Values, Dehumanization and the Future of Economics and Politics’, ISEAS, Singapore, 2016, Dysfunction and Inequality Are Putting Democracy Under Threat, https://nationalinterest.org/feature/dysfunction-and-inequality-are-putting-democracy-under-threat-173304

The cocktail of capitalism-globalization-technology worked wonders until a decade or two ago but has now turned toxic.  It is too soon to offer a thorough analysis of the impact over the long term. But it is not too early to point at a couple of seminal and decisive changes breaking up the political and economic architecture governing the world since the end of World War II.  The elite has pocketed the overwhelming pa

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