Inflation: Friend or Foe of the Left?

By: Jared Abbott

Across the world, inflation doesn’t necessarily stop the Left from winning elections, but it severely limits what leftists can do once in office.

A store clerk smiles at a sign supporting government price controls during World War II, 1942. Anthony Potter Collection / Getty Images

When the Left talks about inflation, we tend to focus on how it’s used as a cudgel to undermine progressive reforms. Or on corporate executives exploiting inflation to profit off of suffering workers. Comparatively little attention is paid to what rising prices mean for our political prospects. While countless analysts have concluded, following John Kenneth […]

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When the Left talks about inflation, we tend to focus on how it’s used as a cudgel to undermine progressive reforms. Or on corporate executives exploiting inflation to profit off of suffering workers. Comparatively little attention is paid to what rising prices mean for our political prospects. While countless analysts have concluded, following John Kenneth […]

Medium

When the Left talks about inflation, we tend to focus on how it’s used as a cudgel to undermine progressive reforms. Or on corporate executives exploiting inflation to profit off of suffering workers. Comparatively little attention is paid to what rising prices mean for our political prospects. While countless analysts have concluded, following John Kenneth […]

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When the Left talks about inflation, we tend to focus on how it’s used as a cudgel to undermine progressive reforms. Or on corporate executives exploiting inflation to profit off of suffering workers. Comparatively little attention is paid to what rising prices mean for our political prospects. While countless analysts have concluded, following John Kenneth […]