The economy matters, but the likes of Trump succeed by offering voters revenge for problems both real and imagined, says author and Salvage founder Richard Seymour
Summary
Far-right leaders are gaining globally, with Trump’s victory in the US presidential election echoing trends in Hungary, India, and other countries.
Donald Trump’s 2024 victory marks a historic first where he won the U.S. popular vote, supported by diverse groups including young, Black, and Latino voters, as well as the working class—a reversal from previous elections.
This win aligns with global far-right gains, reflecting voter frustration with economic hardships and liberal policies.
Analysts argue that the far right’s appeal lies in its “politics of existential revenge,” which vilifies minority groups and offers imaginary disasters as scapegoats.
The lefts populism is best for 99% of the people, but worse for the wealthiest 1%, and that's why it'll never happen.
The plutocracy would prefer the lies and mental illness of right wing populism. A fascist dictatorship and boogeymen to keep the people in line, is better than the risk of being marginally less wealthy.
Ring wing "populism" isn't really populist, it's masking politics beneficial to the wealthy elite in a way that is palatable to enough people just long enough to gain power and put into effect laws that are highly unfavourable to your average person. The antidote to that is making changes that are actually favourable to your average person. Placing those two different concepts under the singular label "populism" is, frankly, disingenuous.