U.S. perspectives: a very short summary
"[I]f Trump himself has fallen short of Hayekian ideals of economic reason, the appointment of yet another Goldman Sachs alumnus to the Treasury ensures that neoliberalism will continue where it counts.
Trump’s hyper-reactionary neoliberalism does not constitute a new hegemonic bloc, however. It is, on the contrary, chaotic, unstable, and fragile. That is partly due to the peculiar personal psychology of its standard-bearer and partly due to his dysfunctional codependency with the Republican Party establishment, which has tried and failed to reassert its control and is now biding its time while searching for an exit strategy.
On the other hand to "reinstate progressive neoliberalism*, on any basis, is to recreate—indeed, to exacerbate—the very conditions that created Trump. And that means preparing the ground for future Trumps—ever more vicious and dangerous." — Nancy Fraser
*An alliance of mainstream liberal currents of new social movements (feminism, anti-racism, multiculturalism, environmentalism, and LGBTQ with financial sectors of the U.S. economy (Wall Street, Silicon Valley, and Hollywood).
"[I]f Trump himself has fallen short of Hayekian ideals of economic reason, the appointment of yet another Goldman Sachs alumnus to the Treasury ensures that neoliberalism will continue where it counts.
Trump’s hyper-reactionary neoliberalism does not constitute a new hegemonic bloc, however. It is, on the contrary, chaotic, unstable, and fragile. That is partly due to the peculiar personal psychology of its standard-bearer and partly due to his dysfunctional codependency with the Republican Party establishment, which has tried and failed to reassert its control and is now biding its time while searching for an exit strategy.
On the other hand to "reinstate progressive neoliberalism*, on any basis, is to recreate—indeed, to exacerbate—the very conditions that created Trump. And that means preparing the ground for future Trumps—ever more vicious and dangerous." — Nancy Fraser
*An alliance of mainstream liberal currents of new social movements (feminism, anti-racism, multiculturalism, environmentalism, and LGBTQ with financial sectors of the U.S. economy (Wall Street, Silicon Valley, and Hollywood).
Comments