Thursday, April 20, 2017

Trumponomics: Neocon-Neoliberalism Camouflaged with Anti-Globalization Circus

By Thomas Palley

A key element of Trump’s political success has been his masquerade of being pro-worker, which includes posturing as anti-globalization. However, his true economic interest is the exact opposite. That creates conflict between Trump’s political and economic interests. Understanding the calculus of that conflict is critical for understanding and predicting Trump’s economic policy, especially his international economic policy

As part of maintaining his pro-worker masquerade, Trump will engage in an anti-globalization circus, but the bark will be worse than the bite because neoliberal globalization has increased corporate profits, in line with his economic interests.

Read rest here.

1 comment:

  1. The anthropologist, Clifford Geertz, once said that Marxist sociology is too muscular and its psychology too anemic. Not sure whether this is right, but I'm pretty sure that you can't understand Trump's behavior without attending to his craving for approval, his need to win, his striving for dominance, etc., etc.


Policies for Prosperity

The webinar on Policies for Prosperity organized by LP Rochon, and with Tom Ferguson, Mario Seccareccia, and Anna Maria Variato. There w...