polysemous
The idea that populism works when regarded as a certain kind of rhetoric, applied in different ways in different situations, is appealing—but in truth, merely registers its polysemy and returns it to sender.
The idea that populism works when regarded as a certain kind of rhetoric, applied in different ways in different situations, is appealing—but in truth, merely registers its polysemy and returns it to sender.
they should oppose the many other forms of 'rentier' income derived solely from possession of assets
A libertarian might regard that quasi-Darwinian prospect with equanimity; the rest of us might not.
on the likely result of 'helicopter money': the swift and the strong get most of it
The idea of giving money directly to people to boost growth was put forward in a famous 1969 article by Milton Friedman, who used the parable of scattering dollar bills from a helicopter for the public to pick up. 'Helicopter money'--printing money to distribute to the public--has been proposed by American bond investor Bill Gross and by the economics journalist Martin Wolf, among others.
In the relative sense, the precariat almost certainly loses from growth, because the gains from the sort of growth that is occurring go disproportionately if not entirely to the plutocracy, elite and salariat.