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Donald Trump takes office on January 20

  • 20 January 2025
  • Philippe Waechter
  • Donald Trump
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Post-World War II institutions created rules for the functioning of global society in order to generate a form of coherence in the face of complex situations. The half-century that had just passed had been dramatic, a consequence of a lack of dialogue and the ability to intervene.
The new group was fairly homogeneous within developed countries, but beyond this perimeter attitudes could diverge. After the fall of the Berlin Wall, the collective feeling was that this break would allow the rules established to be respected.
This illusion did not last. China, Russia or even India did not fall into line. They did not become democratic for those who were not. The economic game worked well but without political translation. It was necessary to be able to seize economic opportunities, transform them into wealth without this resulting in the establishment of a democracy.

What changes with Donald Trump in the White House comes from the risk of seeing the United States move away from this respect for the rules and tend towards a political regime comparable to that of China, Russia or even Turkey or Hungary.
This political framework was put forward by Pierre Yves Hénin and Ahmet İnsel under the name of National-Authoritarian Capitalism or NaCA.
This framework found in the countries mentioned could apply to Trump’s USA.

There are several conditions that allow us to characterize these countries well.
1- Countervailing powers are unable to contradict. We see this in the countries mentioned, we may see it in the USA where Trump threatens the press and those who were in power under Biden.
2- A strong dose of nationalism. In the United States, the illustration is the choice to exclude immigrants from the country to solve America’s problems.
3- Power is very personalized and very strong. Erdogan, Modi and the others are identified with strong power. Trump would not depart from this caste.
4- Power is indifferent to the truth. The latter is the one that suits power. The official story of Tian’anmen Square in 1989 or the outbreak of the war in Ukraine are constructed by the power in place
5- The existence of a powerful oligarchy converted into support for the leader. Those in the United States are the kings of tech for example. But in such situations, corruption is never far away.

The 5 points seem to be applicable to Trump’s America. Democracy would no longer be considered an asset or a collective conquest. Internationally, multilateralism would be flouted. The NaCA is gaining ground and suggests an increase in the perimeters of confrontation since the rules are no longer made to be respected. Is a new international balance then possible?

Source Alternatives Economiques Pierre-Yves Hénin Ahmet İNSEL Link https://bit.ly/3PG6nrp

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