Populism Has Always Needed a Scapegoat. History Names It.
At the Milken Institute Global Conference in Beverly Hills this week, the concern animating many Jewish executives and philanthropists was not a panel topic — it was the hallway conversation, Jewish Insider reports.
Said TD Bank Vice Chair Jeffrey Solomon: "Antisemitism is a manifestation of extremism and populism. Extremism on the left and extremism on the right, neither one of those is good for us as Jews, but it's not good for a lot of people."
He added: "The policies that have gotten us to this place have not been inclusive enough for enough people."
The pattern Solomon is describing is not new. It is one of the most reliably recurring sequences in the history of democratic societies under economic stress — and American history is no exception.