Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

The Progressive Moment That Defined Global Politics for Two Decades Is Over

Mint Chennai

|

December 30, 2024

Weak economic growth, record immigration and growing rejection of traditional parties are driving gains by the right, especially populists

- Bertrand Benoit, David Luhnow & Vipal Monga

The progressive moment is over—at least for now. This past year showed that the progressive politics that dominated most industrialized countries over the past two decades or more is shifting to the right, fueled by working-class anxieties over the economy and immigration, and growing fatigue with issues from climate change to identity politics.

The return of Donald Trump to the White House is the most dramatic and important example—but it is far from the only one.

Across Europe, where economic growth has largely stalled, conservatives and populist right-wing parties are making unprecedented gains. Three-quarters of governments in the European Union are either led by a right-of-center party or are ruled by a coalition that includes at least one.

The shift is set to continue. Canada appears poised to kick out a deeply unpopular progressive prime minister and Germany is expected to dump its center-left government. Polls show the top two parties in Germany represent the center-right and the far-right.

Part of the shift is the normal pendulum of politics swinging back and forth between established parties on the left and right. The difference this time is a strong strain of populism and a growing rejection of traditional parties.

In country after country, many working-class voters—especially those outside the biggest cities—are signaling the same thing: They mistrust the establishment—from academics to bankers to traditional politicians—and feel these elites are out of touch and don’t care about people like them.

Years of increased migration and trade, coupled with low economic growth, have led to a backlash and a rise in nationalism, where people want more of a sense of control, political analysts say. The rise of social media has exacerbated divisions and led to an upsurge in anti-establishment parties.

MÁS HISTORIAS DE Mint Chennai

Mint Chennai

Mint Chennai

Is America’s economy turning into a casino? Both yes and no

Americans are taking too many bad risks and too few good ones

time to read

3 mins

November 20, 2025

Mint Chennai

Mint Chennai

Global reset done, TVS supply chain unit eyes margin boost

TVS Supply Chain Solutions (SCS), whose wafer-thin margins and weak post-IPO performance have dampened investor sentiment since its 2023 debut, is looking to reset expectations after a major overhaul of its overseas operations.

time to read

2 mins

November 20, 2025

Mint Chennai

Mint Chennai

A fresh perspective on abstraction in art

A new exhibition in Mumbai showcases different approaches to abstraction by artists like Zarina, Seher Shah and Mehlli Gobhai

time to read

3 mins

November 20, 2025

Mint Chennai

A Gustav Klimt portrait shatters art records

Portrait of Elisabeth Lederer was sold at Sotheby's for $236.4 million

time to read

2 mins

November 20, 2025

Mint Chennai

Exide's dual bet: Can lithium-ion offset a weakening core?

Exide Industries Ltd is struggling to fuel its core lead-acid business while simultaneously turning its capex-heavy lithium-ion venture into a viable second growth engine.

time to read

1 mins

November 20, 2025

Mint Chennai

Mint Chennai

The crypto trades that amplified gains are now turbocharging losses

The rally in crypto prices this year was boosted by a large heap of debt, with traders using leverage to amplify their gains.

time to read

3 mins

November 20, 2025

Mint Chennai

Sebi mulls easing FPI trade settlement

The move would reduce costs for FPIs, says Sebi chairperson Tuhin Kanta Pandey.

time to read

1 min

November 20, 2025

Mint Chennai

Samsung India logs double-digit growth

Samsung India Electronics said it has clocked a double digit growth in its revenue from operations of over 11% to ₹1.11 trillion in the financial year ended March 2025.

time to read

1 min

November 20, 2025

Mint Chennai

Mint Chennai

BSNL dials vendors for a fix as regulator flags weak signal

State-owned Bharat Sanchar Nigam Ltd (BSNL) has flagged weak transmission signals at thousands of its new 4G towers—an issue behind call drops and slower data speeds—at a time when the operator is attempting a long-awaited turnaround backed by the government's successive revival packages.

time to read

1 mins

November 20, 2025

Mint Chennai

Mint Chennai

RP-Sanjiv Goenka enters luxe fashion with FSP stake buy

PSG Ventures Ltd, part of the RP-Sanjiv Goenka Group, on Wednesday approved the acquisition of a 40% stake in FSP Design Pvt. Ltd, the company behind the luxury fashion label Falguni Shane Peacock (FSP), is marking its formal entry into India’s luxury apparel and lifestyle market.

time to read

1 mins

November 20, 2025

Listen

Translate

Share

-
+

Change font size