Right-wing populism’s anti-finance rhetoric masks its deep integration with financial elites

Evidence

As is now known, where right-wing populists came to power and their ideology became policy, the veneer of rhetorical conflict between ethno-nationalism and financial markets quickly dissolved. Few commentators were surprised, for instance, in February 2017 by the announcement of President Trump’s first cabinet, which included four prominent Goldman Sachs figures in center-stage positions. Some months later, when the president made a string of racist statements in response to the August 2017 Charlottesville protests, some of the most powerful market leaders (including the chief executives of JPMorgan Chase and Blackstone and the founder of Bridgewater Capital) came out with a strong public statement of support for Trump. — Aris Komporozos-Athanasiou, Speculative Communities, 250

Categorization

• XREF: connects to: European elites deployed the word populist to discredit antiausterity movements — Arthur Borriello and Anton Jäger, The Populist Moment: The Left After the…, 84; Populism targets oligarchic corruption, not capitalism or democracy itself — Arthur Borriello and Anton Jäger, The Populist Moment: The Left After the…, 75; Right-wing populism is an intra-elite struggle, not a revolt of ordinary citizens — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 2040 (+11 more)
• yield-rescued: below the book’s yield-target cutoff, included anyway for connecting to: European elites deployed the word populist to discredit antiausterity movements — Arthur Borriello and Anton Jäger, The Populist Moment: The Left After the…, 84; Populism targets oligarchic corruption, not capitalism or democracy itself — Arthur Borriello and Anton Jäger, The Populist Moment: The Left After the…, 75; Right-wing populism is an intra-elite struggle, not a revolt of ordinary citizens — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 2040 (+11 more)

Broader Connections

• The perceived war between finance and nationalist populism is a false binary #corroborates (0.93)
• Financialization and national populism form a false binary, not opposing forces #corroborates (0.92) — Aris Komporozos-Athanasiou, Speculative Communities, 390