Thoughts on populism and post-Italian elections

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Credit: The Financial Times

Despite the election of Emmanuel Macron at the helm of France less than a year ago, the populist wave has maintained a strong footprint and influence over European politics. The outcomes of the recent legislative election in Italy confirm that a core EU member state and Eurozone’s third largest economy has chosen a populist movement, the Five Star Movement (M5S), and an extreme right party, Northern League, to lead Italian politics for the upcoming years.

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The story behind the results of the Italian election of March 4, 2018 is shaped by a series of factors: migration (influx of over 750,000 migrants since 2011 from Sub-Saharan Africa), frustrations towards the EU and Eurozone governance, ethno-nationalism (especially for Northern Italy), stagnating economy and increase of poverty (11.1% unemployment rate and 37.8% youth unemployment rate), and disillusionment with Italian political establishment. In addition, the results highlight the division between several Italies: in the North, the Northern League gained the most voices; in the South, M5S was the big winner; and in the middle, a faction of center left.

In the upcoming weeks, party leaders will be working on building a coalition in order to gain a majority. It was projected to see a coalition between Forza Italia and the Northern League, but in recent days Party leader Matteo Salvini expressed openness to join a coalition with M5S and other parties, at the exception of the Democratic Party. “The choice of speakers for the lower house of parliament and the Senate, due after March 23,” writes Giada Zampano of Politico “will provide the first hint as to possible alliances before parties consult with President Sergio Mattarella about forming a new government.” Mathematically, no future government can be formed without either M5S and/or the Northern League.

Here is my discussion with eTBS This Morning‘s host, Alex Jensen, on the populist wave over Europe in light of the Italian election, and the transatlantic link between European and American populist movements: audio file here or on iTunes here.

(COPYRIGHT 2018 BY POLITIPOND. ALL RIGHTS RESERVED. THIS MATERIAL MAY NOT BE PUBLISHED, BROADCAST, REWRITTEN OR REDISTRIBUTED WITHOUT PERMISSION).
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