Today's daily post is going to be more of a theme post, largely because the news flow warrants it. I have at least three articles in mind, which were published over the last 24 hours that touch on the theme of a building illegitimacy in western democracies. So what I want to do here is throw them together into a more cohesive all-encompassing overview.
There are three separate themes from the posts:
First is the idea that a minority of the populace or an elite is controlling the political agenda. And they are doing so to the detriment of everyone else, making their governance seem illegitimate to wide swathes of the population.
Second is the concept that parties have lost their way and no longer represent their base of supporters. Instead, they are loyal to special interests or ideolog...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.