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Comment by pdkl95

Mark Blyth has been trying to explain this situation ever since his warning about economic policy leading to a rise of populism, "Austerity: The History of a Dangerous Idea"[1]. For a very good overview of the problem - and some suggestions on how to fix it - see this[2] recent talk.

Briefly, the political situation can be fixed quickly if-and-only-if the actual needs of the working classes are actually addressed. That means e.g. some type of single payer healthcare and paying off the student loan burden.

[1] http://markblyth.com/books/austerity-the-history-of-a-danger...

[2] https://www.youtube.com/watch?v=BsqGITb0W4A

parent pdkl95 8 years ago

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