Let's talk about why Trump’s economy can’t be ignored, Kings, and bargains....

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Belle of the Ranch 4 min 1 speaker 6 chapters transcribed 1 month ago

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Why can’t we ignore Trump’s economy in today’s political discussion?

Belle of the Ranch 0:01

Well, howdy there internet people it spell again. So today we're going to talk about why Trump's economy can't be ignored. Bargains and a misunderstanding of power. I got a pretty interesting question that bears discussing, because it calls into question whether the economic coverage is important. And whether a daily recap of Trump's moves would be a better use of time. Quote. Bell, I've watched the channel for years and years, and even followed before the channel. Long enough to have been in the crowd with you in DC.

How does the rise of authoritarianism relate to economic anxiety?

Belle of the Ranch 0:41

This channel has long opposed all kinds of authoritarianism in every country on the planet. It seems like now would be a time to be talking about it a lot. But almost all of your videos are about the economy. Look, it's important. I get it. But I feel like we should be focusing more on how people in the US and other places are falling more and more into the habit of liking authoritarianism. I know people are scared economically. But the focus has to be creeping authoritarianism.

What is the “authoritarian bargain” and how do dictators maintain power?

Belle of the Ranch 1:16

It's not the middle class that is truly at risk. I'm just going to accept this question at face value, a genuine worry about authoritarianism. When you ask people how kings, dictators, and authoritarians in general stay in power. The normal answer is force of some kind. But that isn't actually true. There's a bargain that gets made. An abstract from a seminar on authoritarianism from the Center for Global Development in the pre-Trump days of two thousand six says quote. The social contract in dictatorships is commonly explained as an authoritarian bargain.

Why were historical grievances like “no taxation without representation” important for authoritarian shifts?

Belle of the Ranch 2:01

Between rulers and citizens, by which citizens relinquish political rights for economic security. A paper over at the Stockholm School of Economics in two thousand seven says quote. Dictatorships do not survive by repression alone. Rather, dictatorial rule is often explained as an authoritarian bargain, by which citizens relinquish political rights for economic security. Over on Brookings in two thousand nine. An article says quote Dictatorial regimes are therefore said to rely on an authoritarian bargain. Or an implicit arrangement between ruling elites and citizens, whereby citizens relinquish political influence in exchange for public spending.

In what ways is Trump’s economy described as a façade or mirage?

Belle of the Ranch 2:55

People think this is a modern thought, a modern analysis of today's people and But is it though? We like to cast our own revolution as one that fought for the purest of intentions against authoritarianism. But find a founding document that doesn't mention taxes, commerce, the cost of paying for or quartering troops, and so on. No taxation without representation. The lack of representation wasn't the new part. The economic strain growing intolerable was. Trump's economy is not good, it's a facade, a mirage based on sleight of hand and unsustainable valuations.

How do current polls on the economy influence public trust in Republicans and Democrats?

Belle of the Ranch 3:41

If you're worried about creeping authoritarianism from any political leader anywhere The state of the economy is part of that conversation. In a modern Western country, it should probably be a big part because In the US, where money is the primary motivator, it should probably be at the forefront. The Democratic Party has a hard time getting its economic messaging out. Right now there's a government shutdown. All polling shows that people know it's the fault of Republicans, normally by about ten points. But those same polls with the same respondents say they trust Republicans more on the economy. I'm going to suggest that economic education is incredibly important right now. Anyway, it's just a thought.

Belle of the Ranch 4:33

Y'all have a good day.

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