"The people's anger is a reaction to diminishing returns in the paradigm in place. Today the fragile rationality of the proponents of the status quo and an impetus of heterodox views are fighting: they represent an opportunity for renewal while posing a colossal risk [...] Because if populism is rising, it is not because it is right or because its adversaries are wrong - it is simply that the established paradigm has entered a phase of diminishing returns. The economy, politics, medicine are still functioning, but every unity of additional expenditure does not generate anymore the same social effect: the system is capped. Yet, the price it requires to continue to function is rising inexorably."
We finish Hilary term 2019 with a great piece of work, written by Eschaton for the Groupe d'Études Géopolitiques's online review.
Come and debate with us on the 6th of March, from 7 to 8 pm, in St John's College, Oxford (in the NEW SEMINAR ROOM, Canterbury Quad)