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Rich fear growing anger

This article is over 12 years, 10 months old
"Popular anger around the world is growing as a result of rising unemployment, pay cuts and freezes, bailouts for banks, and falls in house prices and the value of savings and pension funds."
Issue 2144

“Popular anger around the world is growing as a result of rising unemployment, pay cuts and freezes, bailouts for banks, and falls in house prices and the value of savings and pension funds.”

A quote from last week’s Socialist Worker? No.

It is the conclusion of the Economist Intelligence Unit’s (EIU) latest report entitled Manning The Barricades, which warns of a “global pandemic of unrest”.

People’s power has already toppled governments in Iceland and Latvia. The report warns that more are likely to follow.

The EIU ranks states in order of potential political instability. Britain, at 132, is listed as being a “moderate” risk, but the report warns that mass unemployment and a long recession threaten a rise in “popular discontent and anger” and the growth of “populist sentiments.”

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