Source: Liberal Currents
by Samantha Hancox-Li
“Today’s right wing authoritarian movements are based on a coalition between plutocrats and populists. From Donald Trump’s MAGA to Victor Orban’s Fidesz to Vladimir Putin’s Vladimir-Putinism, ultrarich billionaires make common cause with blood-mad nationalists and nativists to pursue antidemocratic government and illiberal social policies. This is a matter of course in today’s world, but it is also a puzzle, one that has long bedeviled political commentators. The plutocrats are robbing the populists blind! All they care about is corruption, extraction, low taxes and low services — all of which exact serious costs from the mass movement of the populists. Meanwhile, the populists insist on actions that are disastrous for business, including mass deportations, thousand percent tariffs, and bloody wars of conquest.” (10/29/24)
https://www.liberalcurrents.com/the-plutocrat-populist-axis/