Trump has no intention of limiting the abuses of capitalism, having innovatively engaged in extending and intensifying them. This leaves only one apparent way to maintain neoliberalism with all its destructive excesses: by restricting democracy. The superficially more respectable Republican politicians laid the ground for authoritarian rule by nullifying the protections of voter rights at the national, state and local levels.
Fulfilment of the neoliberal transformation to unregulated capitalism is incompatible with electoral democracy. A polity can have one or the other, but not both. The dark genius of Donald Trump lies in following this incompatibility to its logical conclusion — if his brand of capitalism and electoral democracy conflict, it is democracy that will be undermined.So capitalism and democracy are antithetical. Now where have I heard that before. (For new readers, I have been saying this for some time.)
Trump's victory represents the fulfilment of neoliberalism, not its failure
John Weeks | Professor Emeritus, School of Oriental & African Studies, University of London, and author of Economics of the 1%: How mainstream economics serves the rich, obscures reality and distorts policy.