As always, interesting observations, particularly the correlation between declining confidence in business and increased populalism. Equally interesting if different case is Trump admin efforts to straddle the tech bros and their base.
I think the U.S. case right now is actually pretty consistent with "anti-business populism" ... from tariffs (who cares what the CEOs think?) to RFK and "big phrama" or "big food" (MAHA) ... even the tech bros, who of course are business elites themselves, nonetheless are going after conventional business leaders.
Are there any additional data points which provide some indication as to why these changes have occurred? You speculate that it is because of the Great Recession. However, I can see some arguing that Conservatives lowered confidence could be a reaction to culture wars rhetoric about businesses taking on social causes. Or that a recent uptick in NDP confidence might reflect the party’s shift away from being largely union supported to being more progressive/elite focussed.
There are many possible hypotheses - the survey data isn't good for nailing down which is correct. I doubt it is the culture wars rhetoric because of the timing of the change (after 2009 ... how much were we into the culture wars then?) and the fact that the drop occurred across the political spectrum. But that's just my take.
As always, interesting observations, particularly the correlation between declining confidence in business and increased populalism. Equally interesting if different case is Trump admin efforts to straddle the tech bros and their base.
I think the U.S. case right now is actually pretty consistent with "anti-business populism" ... from tariffs (who cares what the CEOs think?) to RFK and "big phrama" or "big food" (MAHA) ... even the tech bros, who of course are business elites themselves, nonetheless are going after conventional business leaders.
Are there any additional data points which provide some indication as to why these changes have occurred? You speculate that it is because of the Great Recession. However, I can see some arguing that Conservatives lowered confidence could be a reaction to culture wars rhetoric about businesses taking on social causes. Or that a recent uptick in NDP confidence might reflect the party’s shift away from being largely union supported to being more progressive/elite focussed.
There are many possible hypotheses - the survey data isn't good for nailing down which is correct. I doubt it is the culture wars rhetoric because of the timing of the change (after 2009 ... how much were we into the culture wars then?) and the fact that the drop occurred across the political spectrum. But that's just my take.