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Populism is rooted in politics, not economics

Traditional political elites have failed to manage voter grievances effectively, allowing for the rise of anti-establishment populists.

Canary Wharf in London. In countries like the United States and the United Kingdom, the distribution of income has worsened, and the top 1 per cent are reaping the lion's share of gains from economic growth.


NEARLY 330 million Americans are governed by Donald Trump. Brazil, with 210 million people, has a newly-elected populist government. Nearly 170 million Europeans live under governments with at least one populist in the Cabinet. Add the Philippines, with more than 100 million...

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