This essay reports on the analyses of the political consequences of the global economic recession that followed the financial crisis. It does so, first, by examining the macro-level of political systems on a global scale. It looks for regime changes and government turnovers, finding that at this level the effects of the crisis have been relatively limited so far. A different picture emerges when the meso-level of politics is taken into account. At this level, increasing populist social movements and the rise of antidemocratic parties can be noted, especially in the countries that have been most affected by the recession. At the meso-level, some considerable effects also can be observed, for example, in the results of the latest European parliamentary elections. These effects must be analyzed further in a more comprehensive way, drawing on some comparisons with the political consequences of the Great Depression in the 1930s.