Article 2H4B9 Populism is the result of global economic failure

Populism is the result of global economic failure

by
Larry Elliott
from on (#2H4B9)

Political revolts are inevitable in a world where employees are wage slaves and bosses super rich

The rise of populism has rattled the global political establishment. Brexit came as a shock, as did the victory of Donald Trump. Much head-scratching has resulted as leaders seek to work out why large chunks of their electorates are so cross.

Related: What the 21st century can learn from the 1929 crash | Larry Elliott

Those responsible for global financial crisis got away with it while those who were innocent bore the brunt of austerity

Related: Brexit has allowed the banks to get off Britain's naughty step

Related: Wolfgang Streeck: 'Look at London - it's a second Rome. This is what an empire looks like'

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