Conservatives have recently turned to more protectionist and interventionist economic policies, calling for a bigger and more intrusive government with active social policies to prevent a further disintegration of civil society and communities. Some have even gone so far as to embrace Bernie Sanders, the openly (“democratic”) socialist democratic presidential candidate.

Deutsche Bank has recently announced its $8.3 billion restructuring plan to decrease its costs by 25% until 2022. The bank has already begun slashing jobs and scrapped the dividends for the next two years. 18,000 people will lose their jobs, in particular those working in the bank’s investment branch.