Trump, Brexit and the return to nationalism

Following the Brexit vote in June, I wrote in our month end letter, Necessary Disruption:

“Since the referendum, accusations of xenophobia have been rampant. While racist zealots abide in extreme pockets of all nations, this is far too simplistic an assessment of the majority vote last week. The reality is that a record number of the population voted to ‘Brexit’ amid intensifying financial stress on working people. This has compounded since the 2008 crisis, increasing strain on domestic social programs as they struggle with austerity cut backs, while inundated with the added crush of global migrants needing resources (an estimated 60 million refugees are displaced in the world today). The most significant impact of the UK referendum is not its actual outcome, but rather the reminder it serves to other EU members and the world that geopolitical unions are never static, but always evolving.”

Following the Trump win, there is a similar movement to discount the result as just sexist or bigotry and intolerance.  But there were legitimate reasons to question Hillary Clinton’s ability to lead necessary change in America–and they were nothing to do with her sex.  Trying to blame her loss on sexism is as simple-minded as trying to Blame Trump’s win on xenophobia.  There are real concerns that are driving the masses to search for new ideas and systems today.   Charles Gave in President Trump and the fall of Davos Man, explains the turning point away from super-national ideals this way:

“So these men of Davos were not only intent on destroying our nations, they were also destroying our standard of living. Presumably this was because their attempts to destroy local sovereignty were not succeeding in creating faster growth. Apparently they reasoned that if destroying sovereignty does not work, then destroying the financial expression of that sovereignty – national currencies – would have more success. Inevitably under such stewardship, the world economy has gone from bad to worse.

The consequence is the “surprising” – at least to the men of Davos – election of Donald Trump as president of the United States, a result which has momentous implications not just for the US, but for the grand projects pursued by Davos man everywhere around the world.

“We the people” are in the process of taking back their sovereignties, and are serving notice to the technocrats that they are fired. First Brexit, now Trump, next Italy, probably to be followed in due course by the Netherlands and France.

This discussion on The National this week, further enlightens on the ‘every person’ challenges that are driving the masses to retrench and look for local and national solutions to current strains and stagnant incomes.

The pent-up rage against both parties, mostly over the issue of immigration, is the reason why Trump won, says author of Adios America.  Here is a direct video link.

Ironically, spreading environmental hardship due to climate change is also a huge factor driving refugees and immigration across the world today. And yet, conservative interests are so far still doubling down on the very policies and industries which are causing the problems globally. Fortunately, the business of clean tech and energy is already exploding in the next growth boom for the world economy. Consumers and business already clearly see the enormous prosperity that this innovation offers through profits, jobs, cost savings and health benefits.  So we are past the point where misguided government policies can stop it, even if they foolishly decide to resist it for a while longer in preference for allegiance to old tech sectors and donors.

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