Posts Tagged ‘High-Education Elite’

Left-wing parties win college grads, lose workers

October 10, 2018

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Left-wing parties in the UK and France, as well as the USA, are gaining support of the educated classes while losing support of blue-collar workers.

The French economist Thomas Piketty said politics in these three countries is a conflict between the “Merchant Right” and the “Brahmin Left,” a high-incom elite vs. a high-education elite.

I don’t know about the specific situation in France, but it’s clear to me that the leaders of Democratic Party in the USA and the Labour Party in the UK care more about the material interests of a professional class than they do about the material interests of workers.

LINKS

Brahmin Left vs. Merchant Right: Rising Inequality and the Changing Structure of Political Conflict by Thomas Piketty.

How the left stopped being a party of the working class by Simon Wren-Lewis for his Mainly Macro blog.