The Economist: “Populists differ, but the bedrock for them all is economic and cultural insecurity. Unemployment in Europe and stagnant wages in America hurt a cohort of older working-class white men, whose jobs are threatened by globalization and technology. Beneath them, they complain, are immigrants and scroungers who grab benefits, commit crimes and flout local customs. Above them, overseeing the financial crisis and Europe’s stagnation, are the impotent self-serving elites in Washington and Brussels who never seem to pay for their mistakes.”
“Jihadist terrorism pours petrol on this resentment—and may even extend populism’s appeal. Whenever IS inspires or organizes murderous attacks, the fear of immigrants and foreigners grows. When the terrorists get through, as they sometimes inevitably will, it highlights the ruling elite’s inadequacy.”
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