The privilege policy trap—and why Carney must avoid it to succeed

The privilege policy trap—and why Carney must avoid it to succeed COMMENTARY 17 JULY 2026 i ARTICLE SUMMARY KEY STATS The Left has been undone, across the democratic world, by a category of policy it cannot bring itself to question. Call them privilege policies: measures whose benefits flow to the wealthy who own capital and credentials, and whose costs fall on the working class. Mass immigration, soft-on-crime experiments, rules that make housing impossible to build, open trade with China, climate policies priced onto the working class—each confer status and profit on a comfortable elite whi…