The Dangerous Effects of Far-Right Populism on Global Peace and Economics

Last week, a New York court charged white supremacist and army veteran, James Jackson, with second-degree murder for fatally stabbing a black man, Timothy Caughman, to death. Jackson later revealed that his frequent usage of neo-Nazi website, The Daily Stormer, informed his hate views confirming the violent rise in far-right activities.

Like other hate-fueled crimes committed in the last few months across Europe and the U.S., an unrestrained progression in far-right attitudes, especially those ignorantly propagated by political leaders, might trigger more racial intolerance, negatively affect economies and serve a victory for religious extremism and communist states.

Most of these violent opinions have reversed racial and religious tolerance, triggering attacks on minority groups, and, if unchecked, might brook more violence with threat on social diversity. It could also re-institutionalize racism, leaving a negative backdrop on the prolific tourist industry in Europe and the U.S. since one in ten enterprises in the non-financial business economy of European states are linked to tourism.

These over 2.2 million enterprises employ 12 million persons. In fact, Germany and France are top beneficiaries, with an average of over €38 billion in revenue between them. Likewise in the U.S., tourism supports over 7 million jobs and produces an economic output of over $1.6 million.

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