Significant structural changes in the functioning of today’s economies are under way. In the view of strategists at Natixis, these structural changes will lead to an increase in conflict. 

Towards a world with much more conflict

“The new global economic equilibrium (scarcity of labour, energy, commodities; inflation) is much more fertile ground for the emergence of tensions (between countries, between wage earners and companies, between commodity-producing and importing countries, between wage earners and governments, between companies) than the previous economic equilibrium of abundance.” 

“These tensions are already appearing (between countries for access to commodities, between buyers and sellers of oil, between trade unions and companies, etc.) and will increase, as the scarcities are set to last.”