The intellectual elites in much of the Western world are still shell-shocked by Donald Trump’s election victory in November. However, instead of squawking nervously about every tweet, astute political observers should focus on the underlying political dynamics in the coming months and years.The elites would do well to remember that populism is often based on a core of truth. Rather than ostracize populists, establishment parties are often better off welcoming them and working with them. The government I led in Denmark between 2001 and 2009 was based on a successful coalition of so-called populists and established center-right parties. We didn’t agree on every issue, but together we were able to reform the welfare state, improve our immigration laws, and back the U.S.-led coalitions in Afghanistan and Iraq. Most importantly, we dealt a cultural blow to political correctness and bureaucratic elitism.