Populism is a predictable response to market consolidation beyond politics.

Evidence

This view is captured succinctly by Gonzalez-Vicente and Carroll (2017), who argue that “the emergent forms of populism and nationalism evident are predictable responses to the consolidation of the world market and the formation of an elite consensus around market-oriented policy as being beyond politics” (993). — Aris Komporozos-Athanasiou, Speculative Communities, 485

Categorization

  • SEED: Directly feeds the reader’s thesis that financialized populism is rational betting rather than irrational backlash.
  • XREF: connects to: Political populists and financiers both profit from political uncertainty. — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 379