“Paranoia strikes deep in the heartland, but I think it’s all overdone. Exaggerating this, exaggerating that, they don’t have no fun.”

That’s a verse from Have a Good Time on Paul Simon’s 1975 album Still Crazy After All These Years. Simon may have had in mind a famous essay by Columbia University historian Richard Hofstadter, “The paranoid style in American politics”, published 11 years earlier in Harper’s magazine but ringing no less true today.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.