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Does Economic Pain Really Explain Populism?
If Donald Trump had heeded the simple injunction – “It's the economy, stupid” – that guided his opponent’s husband to victory in 1992, he might have had a shot at beating her. But, for today’s populist leaders, cultural battles come first – which is why they are losing ground so quickly.
With the menacing prospect of a Donald Trump presidency in the United States fading fast, other problems – both economic and political – are reclaiming the world’s attention. This is no surprise for Project Syndicate’s commentators. Their analysis of populism has rarely been confined to particular examples like Trump, Philippine President Rodrigo Duterte, Hungarian Prime Minister Viktor Orbán, or Britain’s Brexiteers.