democracy

  On April 18, Spanish Prime Minister Pedro Sanchez convened a summit of so-called “progressive” leaders from around the world, bringing together roughly 6,000 participants. Among those in attendance were Brazilian President Luiz Inacio Lula da Silva, Mexican President Claudia Sheinbaum, Colombian President Gustavo Petro, South African President Cyril Ramaphosa, German Vice Chancellor Lars Klingbeil […]

  Global debt has reached staggering figures, totaling more than $300 trillion in 2024. Most of this debt is concentrated in the older, industrialized democracies, as well as China. It comprises public sector (sovereign) debt, corporate borrowings and household liabilities. Collectively, it represents roughly 300 percent of the world’s gross domestic product. In 2024, the total […]

  In Berlin, the Social Democratic Party, which took a drubbing in recent elections, dominates the governing program of the coming four years. Policies that were rejected by the majority of voters will continue with some lukewarm adjustments. Likewise, in Paris, President Emmanuel Macron, having lost center and left voters in the last French national […]

  The most significant challenge to Europe’s global competitiveness and individual freedom is oversized government, excessive spending, and the ballooning debt that results. The continent is trapped in a vicious circle. Overreaching regulations and institutions are eating away at Europe’s economy and freedoms like a metastasizing cancer. The essential roles of the state are to […]

  While democracy is an established modern political standard in the developed world, the recent trends toward populism (both from the right and left) have caused concerns. Populism usually comes with demands for increasing various protection from the government supposedly desired by the people. Populism has gained so much traction that these days it wins, […]