09 Nov 2024

Trump Defeated the American Elite

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David Samuels postmortems the election from his own interesting, certainly not completely wrong, perspective.

The Clintons’ embrace of Wall Street and of international trade treaties was the window through which America’s old elites — rooted both in the Northeast as well as in San Francisco — climbed back into history. The China trade flourished, as did Democratic Party’s new Wall Street clients — at the expense of the Party’s traditional working-and-middle class constituencies. Obama brought Silicon Valley’s formerly libertarian-oriented founders on board the gravy train by promising them protection from populists like Bernie Sanders and from his own crew of high-end Chicago shakedown artists. In return, they would pay taxes to the party through campaign and NGO contributions and DEI hiring. Through this new political wiring, Obama completed the transformation of FDR’s Democrats into Gilded Age Republicans.

It will be hard for Donald Trump to top that. But maybe he will. Maybe Elon Musk will entirely revamp the Federal government. Maybe he will actually colonise Mars. Meanwhile, if Trump understands one thing, it’s that America is not Europe, or Asia, or Iraq, or Brazil. American elites come and go, while the capacity for sudden, radical, wide-eyed self-invention and leaps of innovation remain the country’s defining trait.

What outsiders tend to miss is that America was never meant to be stable. It is and has always been an inferno, the epitome of the Austrian economist Joseph Schumpeter’s idea of creative destruction. The wonder and freedom and heartbreak of American life is that, sooner or later, everything is consumed in the furnace. For all his wealth and success, Elon Musk’s children may worship other gods. His grandchildren may end up in a trailer park, smoking meth. McKinsey consultants with Harvard degrees may wind up unemployed or selling bottled war. Robert F. Kennedy Jr, the country’s most eminent environmental lawyer and the closest thing the Democratic Party has to royalty, may become an antivaccine heretic, be broadly mocked and humiliated by the elite and by the less imaginative members of his own family, run for President, endorse Donald Trump, take on the Big Pharma and Big Ag, and Make America Healthy Again. Or not. All anyone can say for sure is that attempts to game the American system are doomed to failure.

The bigger lesson being that America is just too big — and too wild, and too destructive, and rooted in the idea of individual freedom — for any self-styled “elite” to ride the horse for very long, without being thrown off.

HT: Frank Dobbs.

RTWT

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