Students set up Gaza Solidarity Encampments at Columbia University. Pro-Palestine protesters burned an American flag in Manhattan. Buses rolled into cities waving flags "Free Palestine."
There was a slew of articles, academic papers and pundits that shouted America was dissatisfied; that democracies were becoming less democratic; that capitalism and the economy was failing.
Books such as What Went Wrong with Capitalism argued that government had created a system of "socialized risk." Lottocracy proposed that elections should be replaced, and adult citizens should be selected randomly to serve as political representatives.
On October 14th, the Nobel Prize in Economics was awarded to three economists, Daron Acemoglu, Simon Johnson, and James Robinson. The Conversation writes:
"At a time when democracy appears to be losing support, the Nobel committee has rewarded work that demonstrates that, on average, democratic countries governed by the rule of law have wealthier citizens."
On November 6, Donald Trump won the 2024 Presidential election. Reuters reported: "Stocks surge to record highs as Trump returns to presidency."
Long live democracy.
Sources:
Gaza Solidarity Encampments, Columbia University:
https://www.columbiaspectator.com/news/2024/05/02/timeline-the-gaza-solidarity-encampment/
Pro-Palestine protesters burn American flag in NYC:
https://nypost.com/2024/07/04/us-news/anti-israel-protesters-burn-us-flag-on-july-4th-in-nyc/
What Went Wrong with Capitalism:
https://www.simonandschuster.com/books/What-Went-Wrong-with-Capitalism/Ruchir-Sharma/9781668008263
Lottocracy:
2024 Winners, Noble Prize in Economics:
https://www.nobelprize.org/prizes/economic-sciences/2024/press-release/
The Conversation article:
Reuters article:

