David Rovella reports in Bloomberg.com on the resurgence of populist movements across the globe, including most recently in the United States.
Republican Donald Trump’s electoral-college victory over Democratic nominee Hillary Clinton last week was an unprecedented triumph of populism in the U.S.—one that leveraged feelings of victimization by a shrinking white majority who blame lost opportunity on U.S. President Barack Obama, the political establishment, wealthier urbanites, and immigration.
America is hardly alone in this phenomenon. The forces of globalization and mass immigration from North Africa and Syria into Europe have already triggered a flood of populist rhetoric from the Philippines to Greece to the U.K., and many, many places in between.
In the coming months, the wave of populism will take aim at the Netherlands, Austria, Germany and France. What happens after that is anyone’s guess.
Read the rest here.