With the current political turmoil in the UK, I have been trying to understand the concept of populism. While the definition of populism leads you to believe that it can’t really be a bad idea, it’s how it begins gaining roots is why it has become a bad thing in the modern world.
Separatist politics aside, consider this example – you rent an apartment in a building managed by a homeowners’ association.
First some ground facts. The building has an even distribution of residents that rent and those that own their apartments. The owners (and only the owners) meet fairly regularly to discuss the maintenance priorities and the current concerns of the residents. Every month, every resident contributes to the pot of money that is used by the association to provide maintenance and repairs to the building as well as things like the water heating systems. This contribution generally passes on to the renters as well in the form of a higher rent.