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Saturday, August 18, 2018

The rise of neo-fascism: Martin Wolf : How we lost America to greed and envy : "Mr Trump is the logical outcome of a po...



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The rise of neo-fascism: Martin Wolf : How we lost America to greed and envy : "Mr Trump is the logical outcome of a po... // Grasping Reality with Both Hands: The Semi-Daily Journal Economist Brad DeLong
http://www.bradford-delong.com/2018/07/the-rise-of-neo-fascism-martin-wolf-_how-we-lost-america-to-greed-and-envy-financial-timeshttpswwwftcomconte.html

The rise of neo-fascism: Martin Wolf: How we lost America to greed and envy: "Mr Trump is the logical outcome of a politics that serves the interests of the plutocracy...

...He gives the rich what they desire, while offering the nationalism and protectionism wanted by the Republican base. It is a brilliant (albeit unplanned) combination, embodied in a charismatic personality that offers validation to his most passionate supporters. Will Trump's protectionism do many in his base any good? No. But, in their eyes, he is a real leader, at last. Who lost "our" America? The American elite, especially the Republican elite. Mr Trump is the price of tax cuts for billionaires. They sowed the wind; the world is reaping the whirlwind. Should we expect the old America back? Not until someone finds a more politically successful way of meeting the needs and anxieties of ordinary people.

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