But there is little appetite for radical change
. It also comes in the wake of one of the deadliest pandemics in history and as China retreats from closer global integration.
This might, of course, be just an unusually synchronised swing of the pendulum, rather than the start of a broader shift. Thein the Italian general election of late 2022 is a reminder of the importance of national exceptions. Still, there are reasons for thinking that something more profound may be going on than just bashing whoever happens to be power. It is something that cuts across national borders.
Anti-corporate sentiment is only a start. Half or more of respondents in America, Britain, France and Germany told Pew that their economies needed major change or a complete overhaul. The majority of those demanding greater reform described themselves as on the left. The public’s desire for sweeping changes may be underpinned by climate-change worries and a belief that not enough is being done about them.
Whether all this translates into a significant change of direction for democratic politics, however, is a different matter. For that to happen, public opinion or economic shifts are not enough. The turning points of the past were made possible not just because political parties espoused new beliefs but also because they were able to make the compromises needed to put ideas into practice. It is far from clear that political parties have the mandates, power or will to do that now.
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