More of a testament to the poor political judgement of leading economists. Inequality is straining the health of democracies so a billionaire is elected as president of the United States! Stop
My son is doing the Scholarship history exam this year and the topic is something like “populism in history”. It got me interested and I’ve been reading various books and talking the issue over with my son trying to get straight in my own mind just what “populism” actually is.
It seems like one of those elusive terms where each user means something subtly different, usually – at least when it is quasi-academic usages – things/beliefs/actions the author themselves disagrees with, often almost viscerally. I’m still left unclear that it means anything much different than “things/views which are popular with a significant share of the population, perhaps even a majority, but where those views cut across or defy those held by the contemporary elites of the society in question”. Since there is no particular reason to suppose that contemporary “elite” opinion is any better or closer to being right…
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