What the Millennial Prime Minister of Nepal Teaches Us About Inequality
Speakers
Summary
- Gen Z-led protests in Nepal, organized via social media, successfully ousted the government and led to the election of 30-something technocratic centrist Balendra Shah as Prime Minister.
- The uprising was sparked by viral videos exposing extreme wealth inequality and "nepo babies," highlighting a severe lack of economic mobility for the youth.
- A global wave of similar "Gen Z protests" is occurring across emerging markets (Kenya, Indonesia, Peru, Morocco) driven by anti-corruption sentiment, economic grievances, and demands for better governance.
- A major kinetic "war in Iran" is currently underway, featuring unprecedented violence against citizens, adding severe geopolitical instability and conflict to the Middle East.
