Can you argue that people like Donald Trump supporters have helped shaped the successful?

I've heard many arguments that the American capitalist system works or that the successful are successful mainly because these rednecks have supported policies that benefit the rich and/or helped to build a infrastructure (or the nation) that supports it. Thoughts?

 
community:
I've heard many arguments that the American capitalist system works or that the successful are successful mainly because these rednecks have supported policies that benefit the rich and/or helped to build a infrastructure (or the nation) that supports it. Thoughts?

Reeks of Platonic bias, seeing the world as a simplified system that adheres to some mythical immortal conceptual form. Where's the nuance? If you meet a Buddha on the road like this sort of proposition, surely you must kill him?

Those who can, do. Those who can't, post threads about how to do it on WSO.
 
Best Response

Quite frankly, if you buy into the media narrative regarding Trump you're an idiot who doesn't understand the connection between macro-economic cycles and political trends.

Let me put it this way: There's a good reason why multiple separatist votes have/will come out of Europe. There's a good reason why the leading candidates in the US election are an anti-establishment Republican and an anti-establishment Democrat and far right candidates are popular in numerous European nations. There is, again, a reason there have been anti-government riots in multiple Asian nations, and why there's a massive backlash against the open borders movement throughout Europe.

The reason is more or less the same in every instance. Even Dick Fuld has experienced first hand according to his previous posts, and it's the same reason why his firm died while others who should have been the ones to fold were allowed to continue.

Since my previous career and some of my extended family put me in touch with a number of successful blue collar types, I like to think I've got a pulse on what this trend is better than most.

I get the feeling that most "pundits" haven't stepped outside NYC/LA/DC during the last decade. If they had it would be immediately obvious why Trump and Sanders are popular.

Also, needless to say it's got nothing to do with your hypothesis. It DOES have a lot to do with a global trend collequially referred to as "Brazilification".

 
Bigass_Spider:
It DOES have a lot to do with a global trend collequially referred to as "Brazilification".
Those who can, do. Those who can't, post threads about how to do it on WSO.
 
  1. Trump will never, ever be prez. You have to be center to get there. Donald has pissed off too many to have a realistic chance. It's a media circus right now, sure, but he'll never get to the top.

  2. Reagan set up the game for private enterprise to thrive (aka. the rich that you're referring to), this happened over 30 years ago.

 

Better paper on the topic, published by a former IMF official. "Former" is important because it gives them more power to speak freely:

http://www.theatlantic.com/magazine/archive/2009/05/the-quiet-coup/3073…

Keep in mind that this was written in 2009. It's been remarkably prescient:

The second scenario begins more bleakly, and might end that way too. But it does provide at least some hope that we’ll be shaken out of our torpor. It goes like this: the global economy continues to deteriorate, the banking system in east-central Europe collapses, and—because eastern Europe’s banks are mostly owned by western European banks—justifiable fears of government insolvency spread throughout the Continent. Creditors take further hits and confidence falls further. The Asian economies that export manufactured goods are devastated, and the commodity producers in Latin America and Africa are not much better off. A dramatic worsening of the global environment forces the U.S. economy, already staggering, down onto both knees. The baseline growth rates used in the administration’s current budget are increasingly seen as unrealistic, and the rosy “stress scenario” that the U.S. Treasury is currently using to evaluate banks’ balance sheets becomes a source of great embarrassment.
 

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