Coastal liberals held all four forms of capital by Obama’s presidency.

Evidence

By the Obama years, wealthy coastal liberals controlled the status quadfecta—economic, social, cultural, and political capital. For Trump and his supporters, the campaign promised a rebalancing, a revenge on the elites who dominated modern American life. — W. David Marx, Blank Space, 433

Categorization

  • XREF: Directly engages Marx’s four-capital framework — economic, social, cultural, political capital — the book’s analytical spine.