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: Whoever wins the election, the Party of Davos will lose. This is nothing less than a revolution in British politics. Listen to this story
Your browser does not support the <audio> element. Enjoy more audio and podcasts on iOS or Android. The Party of Davos refers to the 3,000 or so people who attend the World Economic Forum in Switzerland each year, and their more numerous ideological bag-carriers. ( This columnist admits to attending the forum on several occasions and to carrying a good deal of ideological baggage.) Davosites are defined by their adamantine belief in economic and social liberalism and their position at the top of various global organisations. They support globalisation and multilateral institutions and disdain parochialism and nationalism. They idealise business and loathe nimbyism and restraints on trade. Michael Oakeshott, a philosopher, said that political rationalists place no value on the tried-and-true, and believe that “nothing is to be left standing for want of scrutiny”.