Opinion by Fareed Zakaria: Populism thrives in opposition. Like the Republican Party, populists around the world are flailing. Look at Britain, where Brexit — perhaps the ultimate 21st-century populist cause — has caused havoc among conservatives.
, and the even more extreme United Australia and One Nation Parties did poorly as well. The new Labor prime minister enjoys an extraordinarily high approval rating.Why is this happening? Populism thrives as an opposition movement. It denounces the establishment, encourages fears and conspiracy theories about nefarious ruling elites, and promises emotional responses rather than actual programs .
Look at the United States, where President Biden’s moderate style, serious demeanor and practical policymaking have given him large legislative accomplishments without triggering a massive electoral backlash. Now, he does benefit by being an old, White man. Had Barack Obama enacted the same policies, I have a feeling we would be hearing much more talk of Obama’s dangerous socialism and un-American policies, complete with racial innuendos.
The poster child for populism has always been Argentina. Juan Perón and his even more charismatic wife, Eva, built a powerful mass movement that attacked the elites and promised to become the voice of the people. In fact, they destroyed Argentina’s economy. What had once been one of the world’s wealthiest countries in the 1910s was, only a few decades later, an economic basket case.
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