Thursday, November 26, 2009


Popular Backlash

There is, of course, only so far elites can go. But they will keep testing the limit until unrest and anger erupt and overflow. In “15 Signs American Society Is Coming Apart at the Seams,” the author cites 15 indicators of how elites are pushing the envelope, and speculates that a “heavily armed populace” (recall that US sales of guns and ammunition are spiking) will soon reach the end of its rope. In another recent news item, the managing-director of the International Monetary Fund, Dominique Strauss-Kahn, warned a gathering of business leaders that if the financial sector were to seek yet another tax-money bailout, the “man in the street” would not stand for it. A business media article, “Employee Discontent Expected to Reach Crisis Level Next Year,” reports the results of a survey showing that North American workers are fed up with their lot. Couple that with growing industrial unrest and farmers’ protests around the world, and we have an explosive cocktail that could blow up in the faces of elites at any time. “Disgruntled” is not quite sufficient to describe the increasingly ugly mood prevailing across the globe. And wherever popular backlashes erupt, they will add to growing worldwide chaos.

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