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.

Italy on the Way to Trumpism

The last number of IJPE is out, with my piece about "salvinomics". Nell'ultimo numero dell'International Journal of Political Economy, la mia analisi sulle caratteristiche del Salvinismo Economico.

https://www.tandfonline.com/doi/abs/10.1080/08911916.2019.1655951?fbclid=IwAR3c-SOMOd24Pd3krm8TLTeO_xwA8qIf9OnSI3JQchhn2sfN3VsLJuTHt-c&journalCode=mijp20

Abstract

The aim of this article is to analyze the possible effects of implementing the economic program of Matteo Salvini on the Italian economy and the whole society. Salvini has co-opted most of the electoral strategies and economic program from Donald Trump’s campaign. We have used analytical concepts involved in the relationships among economic aspects that determine political consequences and vice versa. To do that, we have studied the evolution of the program of Salvini’s party, his communication strategy, and the composition of his electoral block. From this analysis the fact emerges that the full application of Salvinomics could have a dangerous effect for Italy in terms of inequalities, economic growth, the sustainability of debt and public finance, international relationships, and, in general, for the role of Italy in the globalized world. Also, the effects of some institutional reforms jointly with the economic measures could make his electoral base unstable and conflictual.

Keywords: voting behavior, economic policies, Italy, salvinism 

JEL Classifications: D72, E63, E65, N12