Downstream: Elon Musk Wants to Be Napoleon w/ Will Davies
Feb 10, 2025
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In this discussion, Professor Will Davies, an expert in political economy and author of 'The Happiness Industry', shares his insights on the chaotic political landscape shaped by Trump's ambitions. They delve into 'libertarian authoritarianism' and the erosion of democratic norms, especially among youth disillusioned with political systems. Topics like the shifting perceptions of immigration in Britain and Silicon Valley's influence on politics underscore the intertwining of societal anxieties with economic realities. The duo also critiques environmental elitism amidst climate discussions.
The podcast discusses a significant societal shift from neoliberalism toward a paradigm influenced by populist sentiment and authority figures like Trump and Musk.
It highlights the decline of globalization driven by new U.S. trade policies, indicating a possible end to America's role as a global market leader.
Concerns about younger generations' political disillusionment are raised, stressing the urgency for parties to reconnect with them amid evolving democratic sentiments.
Deep dives
Historic Vibe Shift
The current political landscape suggests a significant shift in societal attitudes, prompting discussions about whether neoliberalism is giving way to a new paradigm. This transition appears tied to a 'vibe shift,' where public perception is increasingly shaped by sentiment and data rather than established facts. Events like 9/11, the financial crisis of 2008, and subsequent political upheavals have defined this evolving perspective. The ongoing dynamics, particularly with figures such as Trump and Musk, indicate we're navigating unprecedented territory influenced by both authority and populist sentiment.
End of Globalization?
The recent imposition of tariffs on goods imported from Canada, Mexico, and China raises questions about the future of globalization. This shift signals a departure from America's traditional role as the global market leader, further amplified by the Biden administration's efforts to reduce reliance on Chinese imports. A trend toward onshoring and friendshoring indicates a systematic realignment of trade policies, suggesting an end to an era characterized by untrammeled globalization. The erratic nature of current policies reflects a departure from previous diplomatic norms, positioning the U.S. more aggressively in international relations.
The Logic of Power and Revenge
The behavior of political figures like Trump and Musk raises concerns about the erosion of established governance norms in favor of a power-driven logic. By prioritizing loyalty and retribution, current leadership styles challenge traditional frameworks where administrative institutions operate independently of political dynamics. This shift risks creating an environment where governance resembles a form of authoritarianism, marking a departure from democratic principles. The implications for institutions like the Department of Justice highlight the potential for a future governed by personal vendettas rather than rule of law.
Disenchantment with Democracy
Recent polling suggests a significant portion of younger generations are disenchanted with democratic processes, leading to concerns about political engagement. This sentiment can be seen as a response to years of economic struggle, where young people grapple with financial insecurity and lack of opportunity. As political parties vie for the support of disillusioned youths, the challenge lies in reconnecting with these voters while navigating shifting attitudes towards democracy. The emergence of new political movements reflecting the frustrations of younger populations signals a potential for change in traditional political alignments.
The Future of Capitalism
The contemporary era is characterized by an evolving understanding of capitalism, particularly the rise of an 'asset economy' where access to assets, rather than labor, dictates social stratification. This trend raises questions about the promises capitalism makes regarding economic security and dignity, especially as traditional pathways to success become less accessible. As anxiety emerges as a dominant mental health issue, particularly among younger demographics, the influence of societal pressures and financial speculation reinforces feelings of disempowerment. The interplay between economic structures and emotional landscapes shapes a complex modern reality that challenges existing narratives about work and reward.
It’s official – we’re in the middle of an unprecedented vibe shift. Donald Trump’s second term in the White House tips the political balance across the world. So, what happens next? And what defines the era that we’re living in? Ash Sarkar is joined by Professor Will Davies, author of The Happiness Industry and Nervous States, to talk about ‘libertarian authoritarianism’, the end of experts, and the death of globalisation.
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