Populism and the promise of disruption

The populists have a point. Ten years after the financial crisis, the establishment policies of conventional wisdom found no response for the millions displaced by globalisation and facing an uncertain future.

It was hardly surprising that they found themselves alienated and unable to identify with a political class that had abandoned them. So they threw out the establishment and lost faith in its institutions: a universal refrain from Detroit to Turin, from central Europe to the north of England.

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A version of this article appeared in the print edition of The Straits Times on May 12, 2018, with the headline 'Populism and the promise of disruption'. Print Edition | Subscribe