News 

Historians Have Long Thought Populism Was a Good Thing. Are They Wrong?

“The roots of the American populist movement go back to the Civil War, when aggressive borrowing and spending to fund the Union war effort catalyzed economic development throughout the North and Northwest” writes Joshua Zeitz for politico.com. Hofstadter lost that debate: Historians generally view Populism as a grassroots movement that fought against steep odds to correct many of the economic injustices associated with the Gilded Age. Source: politico.com Share This:

Read More
News 

The House GOP immigration bill is big business populism

“This will be a game changer, as it will make businesses liable if they undercut American workers by hiring illegal immigrants” writes Ryan Girdusky for washingtonexaminer.com. The plan is a mix of parts of President Trump’s populist agenda with visa expansions to big business and agricultural lobbyists.On Wednesday, Republicans unveiled a House immigration proposal that was endorsed within hours by the White House.Lastly, and perhaps most importantly, the bill ends chain migration, thus reducing legal immigration by 25 percent, only half of what Trump proposed last year.Mass immigration has come…

Read More
News 

Baum: Why Trump’s brand of populism won’t help the little guy

“He gets a lower tax rate, a higher standard deduction and possibly a cap on his 401(k) deductions!” writes Caroline Baum for marketwatch.com. Trump has been a strong supporter of lowering the corporate tax rate to 20% from its current 35%, the highest among developed nations.The word “populism” implies “of the people.” It is an anti-elite movement that calls for tearing down the political establishment.According to him, free trade and voluntary trade agreements are all bad for America: A disaster, in his words. Source: marketwatch.com Share This:

Read More
News 

Populism remains a top concern for investors in Europe

“The populism threat in Europe continues to worry investors despite a string of election results that suggested the movement was in decline, according to the CEO of Chantico Global” writes Silvia Amaro for cnbc.com. The threat of populism, therefore, remains, Gina Sanchez, chief executive officer of Chantico Global, told CNBC Monday.”We thought we were passed (the populist threat) with Macron and with the Dutch elections and the German elections, but it turns out, that populism is still rearing its ugly head.”. At the beginning of the year, possible far-right election…

Read More
News 

Steve Bannon: ‘Hillary Clinton’s not very bright’ for ignoring populism in American politics

“Pundits thought Clinton was “so much smarter than Donald Trump” but she didn’t “really have a grasp” on the importance of populism in American politics to her electoral detriment, Bannon said” writes Naomi Lim for washingtonexaminer.com. “The only question before us: Is it going to be a left-wing populism or a right-wing populism?”.  Source: washingtonexaminer.com Share This:

Read More
Crypto News 

Forget far-right populism – crypto-anarchists are the new masters

“Whether this machine-learning revolution means fewer jobs, more jobs, worse jobs or different jobs is hard to predict” writes Jamie Bartlett for theguardian.com. We are now, however, firmly in a new industrial revolution, characterised by endless choice, digital technology, data, automation and artificial intelligence.Parallel Polis was putting on something called the Hackers Congress; a three-day gathering for Europe’s collection of crypto-anarchists, bitcoin enthusiasts, libertarians and hackers.It’s not a direct path, but digital technology tends to empower the individual at the expense of the state. Source: theguardian.com Share This:

Read More
News 

RAY DALIO: Here’s what we should be paying attention to as populism sweeps the globe

“But before deciphering what these developments might lead to in the future, markets could benefit from understanding what populism actually is and how previous examples of populist movements have played out over the course of history” writes Elena Holodny for businessinsider.com.au. You can watch the full interview here. “First of all, there’s a part of the population that the system isn’t working for. Source: businessinsider.com.au Share This:

Read More