We are in the same propaganda territory relied upon by the Financial Times, of The Rebellion Against The Elites, in Mr. Rachman’s latest essay:
Headline: The crisis in Anglo-American democracy
Sub-headline: Trump of the Republicans and Corbyn of the Labour party are recycling some bad old ideas
Except that Mr. Rachman relies on an invidious comparison between Donald Trump and Jeremy Corbyn. How can two men be so different in career choice, and the exercise of judgement political and personal? Mr. Corbyn has spent most of his life in Labour politics and Trump has never before run for political office. Mr. Corbyn represents Labour before Tony Blair’s invention of New Labour, amounting to Thatcher Lite. Mr. Trump, in sum , is a grifter working his con on network television, as exemplar of the Entrepreneur ,the New Man made possible by the Market, as the sine qua non of Knowledge.
No matter the inaptness, myopia or just the ideological opportunism of the comparison, Mr. Rachman has the bit between his teeth, and proceeds at full gallop tilting at the windmills of his own construction, creaky though they may be. Don Quixote offered the pathos and comedy of an old man lost in his need to re-enact the deeds of a chivalric age, now made ‘real’ in his imagination. In an age without such heroes: nostalgia for the glories of a re-imagined past, refracted through the mind of a man in thrall to his self-created world: among others, the tales of Amadís de Gaula fueled his romantic delusion. Mr. Rachman has as his ‘guides’ the now thoroughly bankrupt writings of Hayek, Mises and Friedman, that had fueled the Thatcher and Reagan ‘Revolutions’,that then led to the Collapse/Depression of 2008, it’s successor Austerity, and protracted decay of the political present. If your searching for the why of The Rebellion Against The Elites, begin with the codification of Free Market ideas, and it’s various apologists !