Job And Cultural Insecurity, More Than Inequality, Fuels Populism – Analysis

Job And Cultural Insecurity, More Than Inequality, Fuels Populism – Analysis

Make America Great Again hat in support of Donald Trump at a rally. Photo by Gage Skidmore, Wikipedia Commons. Populist leaders convince working-class voters that job security, competition from trade and immigration, loss of culture are more treacherous than inequality.

By Pranab Bardhan*

It is now commonplace to blame rising economic inequality for working-class anger and the gravitational pull toward right-wing populism all over the world. But the relation between these two phenomena is actually more complicated.As the recently released World Inequality Report 2018 observes, over the last three decades the richest 1 percent in the world reaped 27 percent of […]

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