A populist sentiment sweeping the world is taking aim at the global economic order set by the United States in the decades following World War II.
Rising inequality, political polarization, and a growing belief that governments serve the monied elite are destroying the trust and cohesion that healthy societies are built on.
Far right parties have found a foothold in Europe, while far left parties continue to prosper in Latin America. They differ in views but take aim at the elite and their globalization agenda.
In the United States, angry and cynical voters are increasingly looking to elect a protectionist government that would raise tariffs and abandon trade deals, unwinding decades of trade liberalization.
We could see a backward movement in the global economy, and the global economy is already on shaky footing.
, Institute of Political Economy, Carleton University
