Populist temptation economic grievance and political reaction in the modern era
n The Populist Temptation, Barry Eichengreen places this global resurgence of populism in its historical context. Populists have always thrived, he observes, in times of poor economic performance. Populism feeds on rising inequality, which augments the ranks of those left behind and fans dissatisfac...
| Main Author: | Eichengreen, Barry J. |
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| Format: | Books Print Book |
| Language: | English |
| Published: |
[S.l.] :
Oxford Univ. Press,
2020.
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| Subjects: |
| Summary: |
n The Populist Temptation, Barry Eichengreen places this global resurgence of populism in its historical context. Populists have always thrived, he observes, in times of poor economic performance. Populism feeds on rising inequality, which augments the ranks of those left behind and fans dissatisfaction with the economic status quo. It responds to rapid economic change that heightens insecurity. These economic developments, Eichengreen shows, give rise to populist reactions when they highlight the divergent interests of the people and the elite. Banking and financial crises are a case in point: the financiers who are the precipitating agents of such crises are card-carrying members of the elite, and are seen as profiting at the expense of the people. |
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| Physical Description: |
1 volume ; 24 cm |
| ISBN: |
019005882X 9780190058821 |
| Author Notes: |
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