
Decades of Growing Inequality Powered MAGA’s Rise
The collapse of the GOP and Democratic establishments, and the rise of Donald Trump, have been driven by popular disillusionment with an economy that has for decades failed millions of people.
Servaas Storm is a senior lecturer at Delft University of Technology and the author, with C. W. M. Naastepad, of Macroeconomics Beyond the NAIRU.

The collapse of the GOP and Democratic establishments, and the rise of Donald Trump, have been driven by popular disillusionment with an economy that has for decades failed millions of people.

European leaders have been looking for ways to loosen budgetary rules so they can increase military budgets. But the new policy regime won’t create more room for the social and ecological investment Europe desperately needs after years of austerity.