delegitimized

Updated: May 21, 2025

Geopolitical instability, resurgent trade protectionism, dysfunctional global capital markets and banks can all reverse the course of a successful transition to market economies. Still, the more pernicious threats are from the inside: venal, delegitimized politicians, brain drain, crumbling infrastructure, cheap foreign competition, or inter-ethnic tensions.

Samuel Vaknin - The Belgian Curtain: Europe after Communism