A Comment on Albena Azmanova’s “Precarity for All”
Arjun Appadurai
The turn to the populist right, and the implicit rejection of liberal democracy, are a form of doubling down on precarity. Counter to the widespread opinion that the growth of right-wing populism is caused by rising inequality or, alternatively, the need for security and stability in uncertain times, it should be viewed as an expression of a new found popular appetite for risk, transferred from the economy to politics. Right-wing risk-taking is a by-product of financialization and the revolution of rising expectations that it inflames.