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Conflict Insight ·  Middle East

The Lebanese Situation – The Economic Models of the World Do Not Work

How to cite this journal: Author, Date of the post, WMO Conflict Insight, Title of the post, ISSN: 2628 6998, https://worldmediation.org/journal/ ABSTRACT * Writing from an Icelandic perspective, the author examines the Lebanese unrest that began in October 2019 and places it in a global context. The article describes the sectarian power sharing system, the evidence of elite capture assembled by the World Bank, Transparency International and Lebanese researchers, and the banking arrangements that several commentators have characterised as a Ponzi scheme. Wider sections consider the decline of the nation

state, the power of multinational corporations, kleptocracy as a driver of civil unrest, and research on elites, drawing…

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