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Do you like your populism leftish or rightish?

02/15/18 | by david2 [mail] | Categories: General

Link: https://www.nytimes.com/2018/01/30/business/economy/populist-politics-globalization.html

But right-wing populism — like that harnessed in Europe — is provoked by immigration. Its clan consciousness exploits cleavages of race, religion and nationality. On the left, by contrast, the “us versus them” narrative focuses on the economic divide between the capitalists and the working class. Populists of the left mostly take aim at trade.

The United States was ripe for both reflexes. Over the last 50 years, as the nation opened its markets to foreign trade, it never set up a social safety net to help workers dislodged by change, as Europe did. It also experienced large-scale immigration across the southern border. And it was walloped by a financial crisis that proved to typical workers that Wall Street would always get a better deal.

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