Ocasio-Cortez’s socialist message is not an incidental part of a larger demographic story. And her socialism shouldn’t be treated as a virus opportunistically riding the vector of her Latina form. Socialism is inextricable from Ocasio-Cortez’s success because it’s the secret behind her ability to do what the Democratic party has long failed to do — articulate a holistic progressive vision for America. Socialism is a framework that supports a belief that a country in which everyone can live...
Read More »The end of neoliberalism?
A while ago I promised to return to this topic and discuss Mirowski's reply in the INET debate to my comment on his paper. And yes it's been quite a while since that debate. At any rate, I was at the Political Economy of World Systems (PEWS) conference last weekend, and we had some time to discuss Wallerstein (with him, I'm glad to say), his views on the structural crisis of capitalism. And someone (can recall who did) said something to the effect that the collapse of the economy in 2008...
Read More »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.... The rise of the “Brahmin Left” The persistence of the “Merchant Right Where does this leave poor and less educated voters? ......
Read More »Thomas Piketty — Brahmin Left vs Merchant Right
Abstract Using post-electoral surveys from France, Britain and the US, this paper documents a striking long-run evolution in the structure of political cleavages. In the 1950s-1960s, the vote for left-wing (socialist-labour-democratic) parties was associated with lower education and lower income voters. It has gradually become associated with higher education voters, giving rise to a “multiple-elite” party system in the 2000s-2010s: high-education elites now vote for the “left”, while...
Read More »Reid Wilson — [Pew] Survey: Most say US not living up to its democratic ideals
The comprehensive survey by the Pew Research Center released Thursday found deep partisan divides over whether the country is achieving some of the values critical to maintaining democratic principles. Suggests that populism is on the rise across the population asa whole regardless of the partisan divide and large cohort that self-identifies as independent. This in turn suggests different forms of populism. The Hill Survey: Most say US not living up to its democratic idealsReid Wilson
Read More »Ramanan — Dani Rodrik On The Globalisation Backlash And How The Left Is Missing In Action
Dani Rodrik has a nice interview to ProMarket, the blog of the Stigler Center at the University of Chicago Booth School of Business. Rodrik’s views are dissenting but within the conventional DC wisdom/New Consensus. For example, he said as recently as last year that free trade is fine as long as losers as compensated, which is far from accurate, as free trade leads to loser regions as well. Still he has better views than neoliberals. In this interview Rodrik is asked about the...
Read More »Andrew Batson — Mudde & Kaltwasser on populism
I found Populism: A Very Short Introduction by Cas Mudde and Cristobal Rovira Kaltwasser to be very useful and conceptually clear, a worthy addition to Oxford’s charming Very Short Introductions series.The real contribution of the book is that it provides a definition of populism that is both conceptually clear and empirically useful–no mean feat. Here it is: We define populism as a thin-centered ideology that considers society to be ultimately separated into two homogeneous and...
Read More »Matthew Karnitschnig — Who killed European social democracy?
Collapse of center left risks destabilizing Continent’s politics. Neoliberalism takes over. Center left folds. Populism rises. Outcome unclear. Politico.euWho killed European social democracy?Matthew Karnitschnig
Read More »Nikolas K. Gvosdev — Trump Unveiled These Key Geoeconomic Plans in His State of the Union
Why the globalists — "Davos man" — are so opposed to Donald Trump's vision for domestic and foreign policy. America Fist and Making American Great Agains are Jacksonian nationalism and populism instead of Post WWII liberal globalization.The National InterestTrump Unveiled These Key Geoeconomic Plans in His State of the Union Nikolas K. Gvosdev is the Captain Jerome E. Levy chair of economic geography and national security at the Naval War College. He is also a contributing editor to the...
Read More »Italian Election–Two Months and Counting
By Marc Chandler (originally published at Marc to Market) Germany does not have a government, though the election was more than three months ago. Spain, Portugal, and Ireland have minority government. Austria is the first government since the financial crisis to include the populist right. The EU is trying to press Visegrad group of central European countries to conform to the values of...
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