Review of 2018

We’ve come to that time of year when we reflect on the year that has just passed and look forward to what 2019 might bring. For most, I suspect, 2018 has not been a very positive year, with Trump, Brexit, Syria, Yemen, the Ukraine, the refugee crisis, terrorist attacks and natural disasters putting a damper on feelings.

The global economy has continued to grow, but most of the benefits still go to the already rich. Employment and wages growth has been anemic and the gilet jaune protests have highlighted the difficulties which people in even relatively rich countries like France are having in maintaining a reasonable standard of living.

Brexit has highlighted the effectiveness of divide and conquer political tactics in scapegoating immigrants, refugees, and the already marginalised for the problems which ordinary people are experiencing. Hungary and Poland have managed to compromise a free media and judicial independence and Greece is left to suffer enormous deprivation with little EU solidarity and support.

Great uncertainty leading to market volatility and political instability has been reducing investment, growth, consumer confidence, and political ambition. Most people seem to be expecting things to get worse before they can get better, and some doubt whether they will get better at all, with climate warming worsening and threatening to accelerate out of control.

So I would ask readers here take some time out from the end of year festivities to share their experiences of 2018 and hopes for 2019. Is it as bad as I have painted above, or am I missing some green shoots of a more healthy model of politics and economics taking hold? Will DiEM25 usher in a new era of transnational politics in 2019 or will hard right nationalist parties continue to make gains? Will governments start addressing economic, regional, and inter-generational inequality more effectively or are our children destined to be much worse off than we were?

Your thoughts, please.

Author: Frank Schnittger

I resist categorization and prefer evidenced based and reasoned debate to the received wisdom of any political position. My home page and diary index is here.