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Tag Archives: populism

The internal contradictions of liberalism and illiberalism

A number of intellectuals have pointed to an internal contradiction within liberalism. Does tolerance for others include tolerating illiberal people? I wonder if there is an analogous contradiction within illiberalism, an ideology that (in the West) is often driven by a dislike of illiberal cultures. The first time I recall reading about xenophobic populism in Europe was when the Dutch politician Pim Fortuyn criticized Muslim immigrants for not sharing the liberal...

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Liberal Democracy and Its Reinventors

Reinventing “liberal democracy” seems a rather popular activity these days. There is a widespread presumption that voters are globally rejecting globalisation and freer markets. Most explanations of the rise of so-called “populism” tend to understand it as a homogeneous phenomenon all through the West, and thus the result of homogenous demands on the part of voters. “Liberal democracy” (or liberalism, or capitalism, all words that in this context are used as a...

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Gratis Is Not Great

Almost every psychologically normal human is delighted to here about products everyone can enjoy free of charge.  “The school are free!”  “Health care is free!”  “Lunch is free!” According to basic welfare economics, however, gratis goods are almost automatically inefficient.  Unless the marginal social cost of the product miraculously happens to be zero, setting a price of zero leads to socially wasteful behavior. So what makes “free” so beloved?  The simplest...

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Could Germany Fracture?

Rising political and social discord that is generally being attributed to “populism” may actually be the re-emergence of ancient geographic and cultural fault lines. An often-overlooked manifestation of this might be the nation-state of Germany, a possibility fleshed out by longtime correspondent Mark G. It’s both convenient and expedient for politicos to blame “populism” for the fracturing of the status quo. Given the unsavory undertones of ethnic/religious bias of...

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The ‘End Of Dreams’ And The Saving Of Appearances

Authord by Alastair Crooke via The Automatic Earth blog, Robert Kagan first called attention to the fact that America would need to awake from its ‘dream’ a decade ago in End of Dreams: The Return of History, and would have to manage the rise of ‘other’ powers, (some greater than others), with adroitness, if it were to avoid a bad road-crash as emerging competitors clashed with the waning dominant power.   This meant that the US no longer would be able to assert its will everywhere, and on...

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The Countries Most (& Least) Satisfied With ‘Democracy’

Across the globe, the spread of right- and left-wing populism and authoritarian politics have shaken the very foundations of democracy. As Statista's Niall McCarthy notes, a new survey from Pew Research has found that people across the globe are generally unhappy with the functionality of their political systems, though levels of satisfaction with democracy vary hugely between countries. As can be seen from the following infographic which shows a selection of countries from the survey,...

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The EU Needs A Three-Child Policy – And China Should Pay For It!

Authored by Andrew Korybko via Oriental Review, The EU’s policy of “replacement migration” is an economic failure and threatens to undermine China’s New Silk Road strategy for Europe by diminishing the continent’s much-needed consumer market potential, which should thereby serve as an impetus for Beijing to consider investing in social programs there as a means of encouraging replacement fertility for the EU’s citizens. The Roots Of “Replacement Migration” The EU’s liberal-progressive...

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The New ‘Scariest Chart In The World’

While "worst since Lehman" has become ubiquitous and central bankers' experimentations have left us with many "all-time" record extremes from asset values to inequality, we suspect the following chart from Deutsche Bank is about to become the new "world's scariest chart." "Worst Since Hitler"... The last time "Populism" surged this fast to this level of extreme, there was only one utterly devastating way out.

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Politics Of The Next 4 Years: Part 2 (Last Chance For The Democrats)

Authored by Mike Krieger via Liberty Blitzkrieg blog, In yesterday’s post, Politics of the Next 4 Years – Part 1 (Rise of the ‘Dirtbag Left’), I discussed the fact that a very potent grassroots movement has emerged to the left of corporate, neoliberal Democrats. This self-described “Dirtbag Left” and its allies have the potential to not just drive the Democratic Party into extinction, but also ultimately challenge Trump on the national stage. Although I’m not a Democrat or a leftist (I’m not...

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Ray Dalio Warns We May Be On A Path To “Dictatorships And Wars”

Ray Dalio's fatalism took another quantum step higher this afternoon. Having made his displeasure with Trump - of whom he initially spoke quite fondly when he predicted it would be "glorious to be rich" - clear, the founder of Bridgewater (for whom James Comey worked before joining the FBI) has repeatedly hinted that the market, one of Trump's preferred indicators of "policy success", will not only crash but the ensuing downturn would have grave and profound social consequences. First, one...

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