{"id":28688,"date":"2017-12-09T10:03:42","date_gmt":"2017-12-09T15:03:42","guid":{"rendered":"http:\/\/olduvai.ca\/?p=28688"},"modified":"2017-12-09T10:03:42","modified_gmt":"2017-12-09T15:03:42","slug":"the-high-cost-of-denying-class-war","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=28688","title":{"rendered":"The High Cost of Denying Class War"},"content":{"rendered":"<h3 class=\"small-12 medium-10 medium-offset-1 large-8 large-offset-2 xlarge-7 columns article__title article__title--main u-mb-se\" dir=\"ltr\"><picture class=\"fbg-image__element\" style=\"background-color: #f5f2f0; color: #333333; font-size: 16px;\"><img decoding=\"async\" class=\" lazyunload lazyloaded\" src=\"https:\/\/webapi.project-syndicate.org\/library\/0706414a4d701a1233c7265ccb8fb349.png\" alt=\"Visitors and volunteer at the Salvation Army\" data-src=\"https:\/\/webapi.project-syndicate.org\/library\/0706414a4d701a1233c7265ccb8fb349.png\" \/><\/picture><span class=\"image__copyright\" style=\"background-color: #f5f2f0; color: #333333; font-size: 16px;\">Matt Cards\/Getty Images<\/span><\/h3>\n<div class=\"row fbg-image article__container\" data-sticky-target=\"interaction-article\" data-page-area=\"article-top\" data-sticky-offset=\"20%\">\n<div class=\"small-12 medium-10 medium-offset-1 large-8 large-offset-2 xlarge-7 columns article__interaction fbg-image__inlay\">\n<p>&nbsp;<\/p>\n<\/div>\n<h3 class=\"small-12 medium-10 medium-offset-1 large-8 large-offset-2 xlarge-7 columns article__title article__title--main u-mb-se\" dir=\"ltr\"><a href=\"https:\/\/www.project-syndicate.org\/commentary\/class-warfare-fuels-trump-and-brexit-by-yanis-varoufakis-2017-12\">The High Cost of Denying Class War<\/a><\/h3>\n<div class=\"small-12 medium-10 medium-offset-1 large-8 large-offset-2 xlarge-6 xlarge-offset-3 columns\">\n<section class=\"article__abs u-mt-se\" dir=\"ltr\">The rise of populism on both sides of the Atlantic is being investigated psychoanalytically, culturally, anthropologically, aesthetically, and of course in terms of identity politics. The only angle left unexplored is the one that holds the key to understanding what is going on: the unceasing class war waged against the poor since the late 1970s.<\/p>\n<\/section>\n<section class=\"article__body article__body--commentary english\" dir=\"ltr\" data-page-area=\"article-body\">\n<p data-line-id=\"c2c9cbd68c0c49a78d167e9defd08c84\">ATHENS \u2013 The Anglosphere\u2019s political atmosphere is thick with bourgeois outrage. In the United States, the so-called liberal establishment is convinced it was robbed by an insurgency of \u201cdeplorables\u201d weaponized by Vladimir Putin\u2019s hackers and Facebook\u2019s sinister inner workings. In Britain, too, an incensed bourgeoisie are pinching themselves that support for leaving the European Union in favor of an inglorious isolation remains undented, despite a process that can only be described as a dog\u2019s Brexit.<\/p>\n<p data-line-id=\"c56fe1e63c6c43f09293f229a13a51c9\">The range of analysis is staggering. The rise of militant parochialism on both sides of the Atlantic is being investigated from every angle imaginable: psychoanalytically, culturally, anthropologically, aesthetically, and of course in terms of identity politics. The only angle that is left largely unexplored is the one that holds the key to understanding what is going on: the unceasing class war unleashed upon the poor since the late 1970s.<\/p>\n<p data-line-id=\"619d3dd8584c447d973cfe5840656495\">In 2016, the year of both Brexit and Trump, two pieces of data, dutifully neglected by the shrewdest of establishment analysts, told the story. In the United States, more than half of American families did not qualify, according to Federal Reserve data, to take out a loan that would allow them to buy the cheapest car for sale (the Nissan Versa sedan, priced at $12,825). Meanwhile, in the United Kingdom, over 40% of families relied on either credit or food banks to feed themselves and cover basic needs.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/section>\n<\/div>\n<\/div>\n<h3 class=\"small-12 medium-10 medium-offset-1 large-8 large-offset-2 xlarge-7 columns article__title article__title--main u-mb-se\" dir=\"ltr\"><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Matt Cards\/Getty Images &nbsp; The High Cost of Denying Class War The rise of populism on both sides of the Atlantic is being investigated psychoanalytically, culturally, anthropologically, aesthetically, and of course in terms of identity politics. The only angle left unexplored is the one that holds the key to understanding what is going on: the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1465,13781,8402,2921],"class_list":["post-28688","post","type-post","status-publish","format-standard","hentry","category-economics","tag-class-warfare","tag-populism","tag-project-syndicate","tag-yanis-varoufakis"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/28688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28688"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/28688\/revisions"}],"predecessor-version":[{"id":28689,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/28688\/revisions\/28689"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}