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

p.s. Yes that's the same Liam Byrne who left the infamous 'I'm afraid there's no money' note used by the coalition to stables a narrative justifying austerity.... but on this, at least, he's saying something more sensible!

#politics

That was a silly own goal by Liam which fed directly into the Tory narrative that brought us austerity.

I won't forgive him for that.

@ChrisMayLA6

@clinfoot

Which is why I include the ps. Not sure I can either... however insightful his analysis of populism might be

@ChrisMayLA6 @clinfoot "His analysis"? Fact not in evidence. Who wrote his script?

@Axomamma @clinfoot

Well, the bit I pulled was from a longer opinion piece in the FT which was pretty OK I thought... if someone else is doing his thinking for him, I cannot say

@ChrisMayLA6 "Analysis attributed to him" would be more accurate then.

@Axomamma

Well, you could say that of anyone who signs an article or publication.... in the same way I might say post attributed to @Axomamma - unless you have proof of him not writing his own work then we're disappearing down a rabbit hole... how do we even know this is me typing this (perhaps my posts should carry the tagline: analysis attributed to Chris May). I think when something appears in the press & is signed we may suspect its ghost written but without proof we can just take it?

@ChrisMayLA6
Oh, that one's easy, the typos are the giveaway (not a criticism, I try to catch my own but still manage to release too many into the wild 🤣🤣)
@Axomamma