Why a Biden Presidency Will Not Solve the Global Crisis of Democracy and Capitalism

By Joshua Lew McDermott

70 million Americans voted for the re-election of Donald Trump. Racist and misogynistic sentiment, both implicit and overt, undoubtedly explain part of why so many Americans are willing to embrace Trumpism. Yet, liberal analysts parroting the claim that Trump voters, including a shockingly large number of minority voters, are solely or primarily motivated by racism are blinded by their own refusal to acknowledge the failure of the neoliberal politics of the past three decades that have paved the way for Trumpism, and other authoritarian far-right leaders, taking power around the world over the past decade.

Far-right strong men such as Trump, Erdogan, and Bolsonaro are inherently at odds with the working class. They promote the further enrichment of the historically mega-wealthy with regressive tax policies and enable corruption among the elite by gutting regulation. They slash social spending and dampen consumer, worker, and environmental protections.

Like the fascist movements of the 1920s and 1930s, the middle and upper classes remain the classes most supportive of, and critical to manufacturing, reactionary politics. And the reasons for middle class support of Trumpism is perhaps unsurprising: material benefits in the form of tax breaks are one obvious example. 

But it is ignorant to assume that the new wave of far-right leaders lack mass support among the working class. Take Trump’s success, relative to other Republican candidates, in drawing the Latino vote this year. The major question we must ask is: despite anti-poor and working-class policies, why do Trumpist figures retain so much support among working people?

First, the failure of mainstream neoliberalism has led to a mass rejection of the establishment policies and institutions which have dominated the world since the shift away from Keynesianism and social democracy starting in the 1970s, institutions such as the World Trade Organization, the International Monetary Fund, and the United Nations itself. The 2008 crash represented a major crisis of legitimacy for the neoliberal world order. The breakdown of traditional cultural and social bonds and identities, and the continued rise in inequality has ignited a backlash against the system and the values it is assumed to embody.  

As has always been the case when the capitalist system faces crisis, illiberal politics and nefarious nationalism offer an alternative for alienated and disenfranchised workers. The re-birth of the far-right is the outcome of the failure of the neoliberalism of the late 20th century.

Second, the liberal left, unlike the authoritarian right, has failed to offer a real and viable alternative to the neoliberal crisis that got us to this point. There is a reason both Hillary Clinton and Joe Biden underperformed at the ballot box. Both candidates promised, essentially, a continuation (or, in Biden’s case, a return) of the status quo. Indeed, Trump’s most successful populist appeals, despite being largely symbolic in nature (he still largely embraced neoliberal economic policies) have been the ones attacking the hallmarks of neoliberalism, such as the repeal of the North American Free Trade Agreement (NAFTA) (only to essentially replace it with an identical agreement). 

Liberals’ failure to engage with class politics will continue to undermine their ability to win elections, successfully govern, or, most crucially, combat the systemic crises facing the capitalist system. Writing off Trump voters as merely ignorant or racist is not only self-defeating, but also disconnected from the reality.

Lastly, the right, leveraged by hugely successful propaganda efforts and buoyed by the wallets of billionaires such as the Koch Brothers, has succeeded to an unbelievable extent in convincing workers that Trump and conservative capitalists, despite all indications to the contrary, care about and empower workers. So long as American workers continue to believe the lie, originated by neoliberal ideological warriors from Bill Clinton to George W. Bush, and emboldened by major propaganda outlets such as libertarian think tanks or Prager U, that tax cuts for the rich will ultimately benefit the working class, the left has lost the messaging war. No amount of appeals to decency and liberal values can combat what workers view as their concrete material interests.

Indeed, the appeal of racism, patriarchy, and nationalism has always been material prosperity and dignity (at the expense of the mistreatment of vulnerable populations). Trump and the far-right have succeeded in convincing many workers that the problem is not capitalism nor the economic policies of neoliberalism, but the liberal pillars of equality, cosmopolitanism, and secularism. As has always been the case in history, appeals to religious fundamentalism, racism, and nationalism have been forwarded as the solution to what are, in reality, the failures of capitalist globalization. This was the primary appeal of fascism in the 1920s. It remains the primary appeal of the right-wing authoritarian neoliberalism pedaled by Trump today. Just as Hitler provided the illusion of economic sustainability and empowerment to German workers via imperialist expansion and war, Trump and the far-right provide the illusion of providing for workers via imperialist plunder and unsustainable economic growth driven by tax breaks and a booming rogue financial sector which has little connection to the actual economy.

This is why, unless Biden is able to structurally alter not only the American political and economic landscape, but also the dynamics of underdevelopment and crises – of inequality, of ecology, of democracy – around the world, the conditions which have driven so many workers into the arms of the far right will persist and likely worsen. Unfortunately, it seems unlikely a Biden administration will have the necessary will nor power to right the sinking ship. So long as liberals continue to hail the capitalist market as the paramount foundation for global society, people will continue to search for alternatives and worldviews that can explain why they lack healthcare, why their forests are on fire, why their jobs don’t pay enough for them to survive with dignity. So far, the right has done better than the left at offering that alternative vision.