venerdì 28 febbraio 2020

Le ragioni sociali ed economiche dell’ascesa di Trump

Su Ordines in Italiano: 
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.

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