There is no doubt about the waves of discontent and anger sweeping Western politics. The United Kingdom voted to leave the European Union after four decades of membership, jeopardizing all the intricate trading and political …
Tag Archive for: "globalisation"
Are economists partly responsible for Donald Trump’s shocking victory in the US presidential election? Even if they may not have stopped Trump, economists would have had a greater impact on the public debate had they …
In many Western democracies, this is a year of revolt against elites. The success of the Brexit campaign in Britain, Donald Trump’s unexpected capture of the Republican Party in the United States, and populist parties’ …
Fifteen years ago, I wrote a little book, entitled Globalization and its Discontents, describing growing opposition in the developing world to globalizing reforms. It seemed a mystery: people in developing countries had been told that …
Across the world, populists are attracting votes with their promises to protect ordinary people from the harsh realities of globalisation. The democratic establishment, they assert, cannot be trusted to fulfill this purpose, as it is …