Trumpism and the crisis of neoliberalism
Explaining History
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Post-Neoliberal Political Landscape
This chapter examines the decline of the neoliberal order and the emergence of new political leaders like Donald Trump and Viktor Orban, reflecting a growing backlash against globalization and economic dislocation. It critiques the trust in political and financial institutions amidst rising oligarchies and the failures of organized labor since the 1970s. Additionally, the chapter discusses the detrimental impact of neoliberal policies on working-class prosperity and the nostalgic decline of the American suburbia, linking these issues to broader socio-political changes.
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