Title: The Party of Davos is the biggest loser in Britain’s election | The Economist
Headings: The Party of Davos is the biggest loser in Britain’s election
Bagehot
The Party of Davos is the biggest loser in Britain’s election
The long climb back

Content: The average IQ of the political class is deteriorating. When Mr Clegg lost his seat in Sheffield Hallam in 2015, he was replaced by Jared O’Mara, a local bar owner who once called for Jamie Cullum, a jazz musician, to be “sodomised with his own piano”. The quality of governance is collapsing. Brexit has distracted attention from urgent problems such as the obesity epidemic and the dismal state of vocational education. The Davosites may have made a bad job of running the country, but the populists on both the left and the right look as if they are going to make an even worse one. The long climb back
The Party of Davos needs to apply Oakeshott’s principle of scrutiny to itself if it is to have any chance of regaining its place at the summit of British politics. The Davosites must learn to see themselves as others see them. Appearing on the slopes to make the case for a second referendum, as Mr Rudd once did, or tweeting that Aspen is a great place to hold a discussion on refugees, like David Miliband, a Blairite ex-minister, guarantees political oblivion. They need to recognise that they are the beneficiaries of all sorts of hidden privileges. Davosites have relentlessly championed creative destruction without recognising that the costs of such policies fall disproportionately on people other than themselves.