I find insider-outsider classification more useful than, let us say, establishment versus anti-establishment, or liberalism versus populism.
I do not believe that populism will endure. But the rules-based multilateral order is crumbling for reasons that have nothing to do with populism.
Many traditional power centres of our democracies — centrist political parties, the mainstream media, some industries — are oligopolies under siege for a reason.
After 17 years, this will be my final column for this newspaper.
Wolfgang Münchau FT 27 September 2020
You know where to find me.
The author is director of www.eurointelligence.com