Francis Fukuyama: Donald Trump not only wants to roll back neoliberalism and woke liberalism, but is a major threat to classical liberalism itself.

The blowout victory of Donald Trump and the Republican party on Tuesday night will lead to major changes in important policy areas, from immigration to Ukraine. But the significance of the election extends way beyond these specific issues, and represents a decisive rejection by American voters of liberalism and the particular way that the understanding of a “free society” has evolved since the 1980s.

When Trump was first elected in 2016, it was easy to believe that this event was an aberration. He was running against a weak opponent who didn’t take him seriously, and in any case Trump didn’t win the popular vote. When Biden won the White House four years later, it seemed as if things had snapped back to normal after a disastrous one-term presidency.

Following Tuesday’s vote, it now seems that it was the Biden presidency that was the anomaly, and that Trump is inaugurating a new era in US politics and perhaps for the world as a whole. Americans were voting with full knowledge of who Trump was and what he represented. Not only did he win a majority of votes and is projected to take every single swing state, but the Republicans retook the Senate and look like holding on to the House of Representatives. Given their existing dominance of the Supreme Court, they are now set to hold all the major branches of government.

The rise of these distorted understandings of liberalism drove a major shift in the social basis of political power. The working class felt that leftwing political parties were no longer defending their interests, and began voting for parties of the right. Thus the Democrats lost touch with their working-class base and became a party dominated by educated urban professionals. The former chose to vote Republican. In #Europe, Communist party voters in #France and Italy defected to Marine #LePen and #GiorgiaMeloni.

All of these groups were unhappy with a free-trade system that eliminated their livelihoods even as it created a new class of super-rich, and were unhappy as well with progressive parties that seemingly cared more for foreigners and the environment than their own condition.

Donald #Trump not only wants to roll back #neoliberalism and woke #liberalism, but is a major threat to classical liberalism itself. This threat is visible across any number of policy issues; a new Trump presidency will not look anything like his first term. The real question at this point is not the malignity of his intentions, but rather his ability to actually carry out what he threatens.
#Politics #Economy #US #USpol #USElection #DiasterCapitalism #ExtremeRight #Fascism #DiasterCapitalism
🔗 https://archive.ph/sEyn9

3