They don't just destroy the local economy. They also destroy trust in politics - always fragile at best - and hugely increase the odds of a racist/fascist government.
We've already seen this in the UK, where a drum beat of race hate aimed at immigrants and refugees has been used to misdirect the population away from neoliberal austerity and "low tax, small government" (big profit) policies.
Which - not coincidentally - include a huge amount of literal rent seeking and property profiteering.
We've already seen this in the UK, where a drum beat of race hate aimed at immigrants and refugees has been used to misdirect the population away from neoliberal austerity and "low tax, small government" (big profit) policies.
Which - not coincidentally - include a huge amount of literal rent seeking and property profiteering.