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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.
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