Wednesday, June 18, 2014

Why nationalism is on the rise

The main causes of these trends [of Nationalism and anti-globalization] are clear. Anaemic economic recovery has provided an opening for populist parties, promoting protectionist policies, to blame foreign trade and foreign workers for the prolonged malaise. 

Add to this the rise in income and wealth inequality in most countries, and it is no wonder that the perception of a winner-take-all economy that benefits only elites and distorts the political system is widespread.