The aggressive social agenda and economic policy implemented by Donald Trump since his return to the presidency has baffled many, seeking to dismantle progress and empower a plutocracy. Understanding the driving forces behind Donald Trump’s actions remains a complex puzzle.
While driven by self-interest and contempt for democratic institutions, his political analysis demands a deeper look beyond surface explanations. A prominent feminist economist, Nancy Folbre, offers a unique lens, focusing on the fundamental question: “who benefits?”
Folbre’s analysis reveals that Trump’s policies have undeniably delivered substantial benefits to the top one percent, including himself and his family. This immediate enrichment aligns with a self-serving approach to governance.
However, many of Trump’s policies, particularly his tariff wars, diverge from traditional capitalism critique and typical capitalist interests. They primarily serve to protect existing wealth and offer speculative opportunities, rather than fostering the profitable investments traditionally associated with capital accumulation.
Trump’s personal gratification stems from portraying himself as an unrivaled leader, achieved by forging an unusual political coalition. This coalition diverts voters’ attention towards perceived gains from targeting those below them, rather than confronting established power structures, effectively leveraging societal resentments.
A significant factor fueling this dynamic, according to Folbre, is the resentment towards the economic and cultural privileges linked to “human capital”—educational credentials that provide access to higher-paying positions. This social agenda taps into deep-seated grievances within segments of the population.
Furthermore, the aggressive immigration crackdown, while appearing rooted in racism, serves a more profound purpose for Donald Trump: to divide and conquer political opposition. This strategic use of false flags prioritizes political gain over genuine national interest, appealing to fears of losing even minor privileges.
Perhaps the most primal energy source behind Trump’s political coalition is patriarchal backlash. His leadership celebrates and invokes masculine power, attracting those who admire a “bully” archetype and view women primarily in terms of their service to powerful men.
Ultimately, this political analysis suggests a need for a clearer explanation of how current economic policy will harm the majority of Americans. More importantly, it underscores the imperative to develop new policies that genuinely safeguard the common good, moving beyond the self-serving and divisive tactics observed.