http://www.ordines.it/le-ragioni-sociali-ed-economiche-dellascesa-di-trump-di-john-komlos-e-salvatore-perri/
DI JOHN KOMLOS E SALVATORE PERRI
Abstract – All five US administration since Ronald
Reagan became president in 1981 accept policies based on low taxes that
included an enormous windfall for millionaires. In addition, their
“supply-side” policies were based on market liberalization,
hyperglobalization, and propping up the financial sector through the
bailouts of 2008. However, these policies failed. The consequence was
the “hollowing out” of the middle class that included a growth of
indebtedness and the swelling of impoverished and depressed people
leading to a substantial rise of “deaths of despair” that includes
suicides and opioid overdose. The rich have become powerful enough to
influence the dominant ideology and to support further tax reduction
adding to the public debt which is now above 100% of GDP. Democrats also
neglected the suffering of the people in the Rust Belt. Consequently,
the victory of Donald Trump has deep social and economic causes, it is
an illogic response to a real problem.
Keywords – Socio-Economic dynamics, Voting behaviour, Economic policies, US, Donald Trump.
