Monday, March 27, 2017

Hmm …

… Populism is the result of global economic failure | Business | The Guardian. (Hat tip, Dave Lull.)

Populism is seen as irrational and reprehensible. It is neither. It seems entirely rational for the bottom 90% of the US population to question why they are getting only 2% of income gains. It hardly seems strange that workers in Britain should complain at the weakest decade for real wage growth since the Napoleonic wars.

1 comment:

  1. Indeed. The only thing is, are members of the top 10% seriously invested in change?