"Their entreaties were spurned by voters who rejected not just their arguments but the value of 'experts' in general. Large chunks of the British electorate that have borne the brunt of public-spending cuts and have failed to share in Britain’s prosperity are now in thrall to an angry populism."
Say the editors of The Economist.
People are stopping taking instruction from the elite. The elite are terrified — at least for themselves and their own power — and they must struggle to find a way to convey that terror to the common people, who seem to be coming to believe that it's all been a big con. The main argument the elite have for the people is: If you don't stick with us, you're doing populism — you're in thrall to angry populism — and populism is bad and wrong.