Chicago Booth Review Podcast
Trump 2025 vs. Trump 2016
Jan 15, 2025
Luigi Zingales, a Chicago Booth professor and expert on corporate governance, joins Amir Sufi, who studies financial crises and inequality. They explore the enduring factors behind Trump's appeal, highlighting the parallels between past and present electoral dynamics. Discussing economic anxieties, they reveal how inflation and globalization fears shaped voter sentiment. The rise of the far-right globally is also scrutinized, illustrating how systemic inequality and political disenchantment have fueled support for extreme movements, echoing earlier trends.
30:23
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Quick takeaways
- Trump's appeal in both 2016 and 2025 is driven by economic anxieties and widespread disillusionment with traditional political institutions.
- The rise of populist leaders like Trump echoes broader societal frustrations, revealing deep-rooted issues related to economic inequities and globalization.
Deep dives
Continuity in Trump's Appeal
The factors contributing to Donald Trump's appeal in his presidency show remarkable continuity from 2015, with economic concerns and disillusionment with political institutions being prominent themes. Many voters are driven by their experiences with inflation and the impacts of globalization, which resonate with sentiments noted a decade earlier. This dissatisfaction reflects a broader trend of disenchantment that has fueled Trump's base, as evidenced by the persistence of economic anxieties in the electorate. The conversation underscores that Trump's re-election did not emerge from a vacuum, suggesting deeper societal forces at play.
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