This is the best summary I could come up with:

But even more ominously, in almost every part of Europe including Britain, these factions are forcing the hand of the traditional centre-right parties – which, one by one, are capitulating to ever more extreme anti-immigration, anti-trade and anti-environment positions.

While the US economy roars forward – even if the average American voter does not feel the full benefits – Europe, and especially its industrial engine-room, Germany, continues to suffer from near-zero growth and stagnation in terms of living standards.

And having lived through a decade of consistently low growth, the continent is now divided between an optimistic but declining minority, who still hold to the expectation that a rising tide lifts all boats, and the growing and more pessimistic majority who now see life as a zero-sum game.

Once people convince themselves that the state of their economy is so weak that they can only improve their lot at someone else’s expense, they vote for parties that specialise in targeting those they think are holding them back – immigrants, foreigners and minorities.

The problem Europe now faces is that the very measures it must adopt to escape this doom loop – new investment in technology, clean energy and medical advances – are being rendered impossible by its policy of fiscal retrenchment.

But soon many realised that free-for-all neoliberal economics would mean rising inequality and low living standards for the mass of people, and so a new slogan soon rang out: “There is no solidarity in freedom.” If progressives want to prevent an election campaign dominated by anti-immigrant propaganda, they will have to stand up to protectionism and xenophobia by showing the benefits of cooperation.

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