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Populist Right's Neoliberal Roots
- The populist right emerges from a split within neoliberalism, not as its outright opponent.
- They reject certain neoliberal orthodoxies but uphold core neoliberal ideas on economic freedom and competition.
Sectoral Capital Drives Politics
- Sectors of capital have different interests, which shapes political movements like Brexit and Trump.
- Understanding these sectoral battles clarifies the complexity beyond simple elites versus people narratives.
Hayek's Evolutionary Market Theory
- Hayek's "Savannah story" explains humans evolved in tribal groups, trusting only kin, limiting market trust.
- He later saw populations with cultural traits adapting unevenly to markets, blending neoliberalism with social Darwinism.