Beware a new wave of populism, born out of coronavirus-induced economic inequity | Nick Cohen

Big businesses and governments are fast making themselves inviolable. There could be a backlash Big businesses and governments are fast making themselves inviolable. There could be a backlash A global wave of injustice could follow the global pandemic. Pre-existing tendencies towards monopoly, Chinese dominance and predatory capitalism will explode unless governments take measures to contain them. I accept that it is hard to imagine public fury at a rigged economy when voters are rallying to their leaders and lockdowns are enjoying overwhelming support. Solidarity cannot last, however, as the crisis accentuates the division between insiders and outsiders. Continue reading...