The years following the 2008 financial crisis produced a surge of political discontent with populism, conspiracism, and Far Right extremism rising across the world. Despite this timing, many of these movements coalesced around cultural issues rather than economic grievances. But if culture, and not economics, is the primary driver of political discontent, why did these developments emerge after a financial collapse, a pattern that repeats throughout the history of the democratic world? Using the framework of 'Affective Political Economy', The Age of Discontent demonstrates that emotions borne of economic crises produce cultural discontent, thus enflaming conflicts over values and identities. The book uses this framework to explain the rise of populism and the radical right in the US, UK, Spain, and Brazil, and the social uprising in Chile. It argues that states must fulfill their roles as providers of social insurance and channels for citizen voices if they wish to turn back the tide of political discontent.

This book challenges the conventional wisdom that policy performance is the most important determinant of regime support. It does so by focusing on two countries where performance and support do not match. Chile is the economic envy of every country in Latin America, yet support has been surprisingly anemic. By contrast, Venezuela managed to maintain extremely high levels of support during the reign of Hugo Chavez despite severe failures of governance. Resolution of these paradoxes requires turning away from policy decisions and focusing instead on how those decisions are made. Taking inspiration from democratic theory and social psychology, this book argues that extensive opportunities for direct participation in the political process engenders in citizens strong feelings of efficacy - a sense of control over the course of politics. Rhodes-Purdy uses a mixed-methods approach to test this theory, including qualitative case studies, analysis of survey data, and experimental methods.

This book challenges the conventional wisdom that policy performance is the most important determinant of regime support. It does so by focusing on two countries where performance and support do not match. Chile is the economic envy of every country in Latin America, yet support has been surprisingly anemic. By contrast, Venezuela managed to maintain extremely high levels of support during the reign of Hugo Chavez despite severe failures of governance. Resolution of these paradoxes requires turning away from policy decisions and focusing instead on how those decisions are made. Taking inspiration from democratic theory and social psychology, this book argues that extensive opportunities for direct participation in the political process engenders in citizens strong feelings of efficacy - a sense of control over the course of politics. Rhodes-Purdy uses a mixed-methods approach to test this theory, including qualitative case studies, analysis of survey data, and experimental methods.