Jean-Michel Paul
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The Economics of Discontent: From Failing Elites to The Rise of Populism
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“The traditional left-right debate over distribution versus efficiency is increasingly replaced by a nationalist versus internationalist paradigm. The latter school is best represented by French President Emmanuel Macron, who described himself as “ni de droite, ni de gauche” (neither conservative nor liberal). It wants to maintain the internationalist status quo while acknowledging its excesses and reforming it from within.”
― The Economics of Discontent: From Failing Elites to The Rise of Populism
― The Economics of Discontent: From Failing Elites to The Rise of Populism
“Since the end of the ’70s, the percentage of GDP allocated to philanthropy has remained relatively constant in the Western world, reaching at most about 2% of GDP in the U.S., even as wealth concentration has dramatically increased. In other words, the contribution of the wealthiest to legitimizing their social claim to wealth via philanthropy has remained stagnant while their relative wealth has been growing (Philanthropy”
― The Economics of Discontent: From Failing Elites to The Rise of Populism
― The Economics of Discontent: From Failing Elites to The Rise of Populism
“Western societies have to make a painful moral choice. They can continue to provide an internal safety net for all inhabitants by rejecting low skill migrants and enforcing deportation. Or they can accept there will be two classes of citizens that will be treated very differently and fundamentally renounce the universality of social protection and basic public services.”
― The Economics of Discontent: From Failing Elites to The Rise of Populism
― The Economics of Discontent: From Failing Elites to The Rise of Populism
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