Populism §

• What is populism:
  • five ingredients that lead to populism:
    1. a rise in immigration
    2. an increase in inequality
    3. the perception of corruption
    4. a major financial crisis
    5. the demagogue: politicians who appeal to the people’s displeasures and prejudices rather than rational argument
• Populism was explained to only be popular in poor countries
  • Irrelevant Explanation: uneducated, poor, gullible to charismatics instead of good policy
  • now: developed countries also led by populism presidents (ex: Trump)