populism in the EU

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Podemos or Spanish radical’s economics

MADRID | By JP Marín ArreseThe radicalism of Podemos (we can) has won widespread popular support in Spain, scoring an astonishing result in the latest European Parliament election. It now runs a bitter neck-and-neck race alongside the two mainstream political parties. Its charismatic leader, Pablo Iglesias, has delivered devastating blows to  opponents across the board, mercilessly portraying them as a corrupt “caste” all too eager to preserve their petty privileges, while bending to   wealthy establishment’ interests. Yet, in an open bid for power, Podemos has undertaken a sweeping U-turn, transforming itself into a conventional party. Its leader has taken over as General Secretary and immediately launched discussions for setting up an economic manifesto.