Sputnik — Globalization in Crisis: World Economy Creating 'Few Winners, Lot of Losers'

There are relatively few winners and "a lot of losers" in the world's current form of globalization, anti-globalization activist and analyst Juergen Maier told Sputnik Deutschland.…

Maier said that increasing protectionism, enthusiasm for border controls and nationalism, as demonstrated by the election of Trump and the UK's Brexit vote, is leading to the success of right-wing parties and the failure of progressive parties to adjust to the new reality.

"They often act as if they are also against this sort of globalization, but whenever they are in power – like Mr. Tsipras in Greece or the Red-Green governments of Sweden and Luxembourg – they suddenly agree to everything. I think that above all, a lot of people are quite rightly angry. Social Democrats really have to ask themselves why the working class is voting so strongly for right-wing populism, which has to do with the policy failures of social democracy."

Sputnik International — business
Globalization in Crisis: World Economy Creating 'Few Winners, Lot of Losers'