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An intense and even violent nationalist reaction centered among those who lose status, income, and power when what they consider to be their “ordinary life” is disrupted by political devolution and new market arrangements. Among the features of this reaction: suspicion of and opposition to globalization, free trade, “foreign” ownership and penetrat
... See moreJames Dale Davidson, Lord William Rees-Mogg • The Sovereign Individual: Mastering the Transition to the Information Age
It is no wonder that the American voting public—like other publics around the world—has turned more resentful and suspicious in recent years, embracing populist movements on the left and right, bringing socialism and nationalism into the center of political life in a way that once seemed unthinkable, and succumbing to all manner of conspiracy theor
... See moreAnand Giridharadas • Winners Take All: The Elite Charade of Changing the World
During the stagflation phase, thus, economic inequality increases within each social stratum—peasants, minor and middle-rank nobility, and the magnates. Growing inequality creates pressure for social mobility, both upward and downward. Increased social mobility generates friction and destabilizes society. The growing gap between the poor and rich a
... See morePeter Turchin, Sergey A. Nefedov • Secular Cycles
According to the World Values Survey, in the early eighties, 44 percent of Americans thought their fellow citizens could be trusted most of the time, but that percentage fell to the mid-thirties by 2014. This lack of trust is particularly pronounced among partisans: according to Pew, in 1994, 21 percent of Republicans and 17 percent of Democrats ha... See more