Monday, April 30, 2018

Sophie Hardach — Here are 3 facts you need to know about inequality and populism

Why are democracies around the world failing to curb rising inequality? What explains the ascent of populist parties and politicians? In a recent paper, French economist Thomas Piketty argues not only that inequality and populism are linked – but that both can be explained by dramatic shifts in the traditional two-party system that favour different elites....
  1. The rise of the “Brahmin Left”
  2. The persistence of the “Merchant Right
  3. Where does this leave poor and less educated voters? ...

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