My man Hanson:
The spark that ignites populist movements is not so much disparities in wealth and status (they are not always French Revolution or Bolshevik-like class-driven attempts to grab power) as rank hypocrisies: Elites condescendingly prescribe nostrums to hoi polloi, but always on the dual premise that those who are dictating will be immune from the ramifications of their own sometimes burdensome edicts, and those who are dictated to are supposedly too dense to know what is good for them. (Think Steven Chu, the former energy secretary, who either did not commute by car or had a short drive to work, while he hoped that gas prices for the nation’s clueless drivers might climb to European levels of $9–$10 a gallon.)
We’ve already seen Trump’s anti-doctrinaire approach to jobs, trade, and the economy: his notion that the free-market in reality can often became a rhetorical construct, not a two-way street when it comes to trading blocs. Free-market purists might see the outsourcing of jobs and unbridled importation of foreign subsidized products as a way to toughen up the competitiveness of American companies and trim off their fat; but people who take this view are usually the ones who benefit from globalism and who are in little danger of having their own job downsized, eliminated, or shipped overseas. Few of us often ask whether full professors are very productive, whether op-ed writers are industrious and cogent, whether Hollywood actors are worth millions per picture, whether politicians are improving the nation’s lot, or whether journalists are disinterested and competent. Instead, we assume that because they all have well-compensated jobs, they are qualified, essential, and invaluable to the economy.
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