Explaining the Rise of Anti-System Parties: Inequality, Debt, and the Crisis
This chapter analyzes the electoral successes of anti-system forces, looking at how differences in the social, economic, and political institutions in rich democracies determine the extent and nature of anti-system support. Anti-system politics is stronger in countries that are structurally prone to run trade deficits, have weak or badly designed welfare states, and have electoral rules that artificially suppress the range of political options voters can choose from. The chapter also shows that the ways in which welfare systems distribute exposure to economic risks predict whether anti-system politics takes a predominantly left-wing or right-wing direction. Right-wing anti-system politics is successful in creditor countries with very inclusive welfare states. Meanwhile, left-wing anti-system politics is stronger in debtor countries with “dualistic” welfare states.