Liam Byrne has a good line on populism:

'Populism today is not simply a movement of grievance. It is a venture, with investors and revenue models. It thrives on the same forces that have reshaped global finance: speed, scale, opacity and the monetising of volatility....

[And] they are incentivised to keep countries in a permanent state of agitation. When volatility becomes the product, calm becomes the enemy'!

Populism is essentially disaster capitalism

#Populism #politics
h/t FT