Making America Great Again

Making America Great Again
Bichler, Shimshon and Nitzan, Jonathan. (2019). Real-World Economics Review. No. 90. 9 December. pp. 2-12. (Article - Journal; English).

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Alternative Locations

http://www.paecon.net/PAEReview/issue90/BichlerNitzan90.pdf, https://www.academia.edu/41241095/Making_America_Great_Again, http://hdl.handle.net/10419/208387, http://www.capitalaspower.com/2019/12/bichler-and-nitzan-making-america-great-again/

Abstract or Brief Description

Trump has promised to Make America Great Again. As a self-proclaimed expert on everything of import, he knows exactly how to increase domestic investment and consumption, boost exports, reduce the country’s trade deficit, expand employment and bolster wages. And as America’s leader-and-policymaker-in-chief, he has taken the necessary steps to achieve every one of these goals. He has lowered taxes on corporations and the rich to induce greater investment, relaxed environmental standards and de-socialized medical care to cut red tape and eliminate waste, curtailed civilian government spending and raised military expenditures to make government lean and mean, warned corporations and individuals to remain economically patriotic and undermined the Fed’s “independence” to prevent interest rates from rising and the stock market from tanking. And if that wasn’t enough, he has also launched a so-called trade war to prevent America from being ripped off by other countries, especially China.

Capitalists and pundits follow him like imprinted ducks. His tweets rattle markets, his announcements are dissected by academics and his utterances are analysed to exhaustion by various media. A visiting alien might infer that he actually runs the world.

And the alien wouldn’t be alone. The earthly population too, conditioned by ivory-tower academics and popular opinion makers, tends to think of political figureheads as “leaders” and “policymakers”. Situated at the “commanding heights” of their respective nation states and international organizations, these “leaders” supposedly set the rules, make policies, steer their societies and determine the course of history. Or at least that’s the common belief.

The reality, though, is quite different.

Language

English

Publication Type

Article - Journal

Keywords

America's decline capitalist mode of power economic policy Donald Trump

Subject

BN International & Global
BN Macro
BN Power
BN Policy
BN Region - North America
BN State & Government
BN Trade
BN Business Enterprise
BN Capital & Accumulation
BN Class
BN Comparative
BN Conflict & Violence
BN Crisis
BN Distribution
BN Ideology

Depositing User

Jonathan Nitzan

Date Deposited

09 Dec 2019 20:48

Last Modified

17 Dec 2019 01:08

URL:

https://bnarchives.net/id/eprint/630

Available Versions of this Item

• Making America Great Again. (deposited 25 Sep 2019 02:21)
  • Making America Great Again. (deposited 09 Dec 2019 20:48) [Currently Displayed]

Commentary/Response Threads

• Bichler, Shimshon and Nitzan, Jonathan Making America Great Again. (deposited 09 Dec 2019 20:48) [Currently Displayed]
  • Bichler, Shimshon and Nitzan, Jonathan Making America Great Again, 2024. (deposited 11 Nov 2024 17:26)

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