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: They engaged in a pattern of self-dealing that destroyed the bond of trust between the political elites and the masses. Since the financial crisis the likes of Messrs Blair and Osborne have grown “stinking rich” by selling their advice to global companies, while ordinary British workers have seen their wages stagnate. And they failed to learn the lessons of history. Too many Davosites think they need only make corporations a bit more woke and all will be forgiven. But even when all that is conceded, British politics is paying a heavy price for the collapse of the Party of Davos. 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.