- liberal imperialism followed the 1840s revolutions;
- Keynesianism followed the Great Depression of the 1930s;
- and Thatcher-Reagan market fundamentalism followed the Great Inflation of the 1970s.
- Could Trumpism – understood as a lagged response to the 2008 crisis – herald the emergence of a new capitalist regime?
Donald Trump’s inauguration as the 45th president of the United States is widely seen as the beginning of the end of the post-1945 capitalist order that became globally dominant after the Cold War’s end. But is it possible that Trumpism is actually the end of the beginning? Could Trump’s victory mark the end of a period of post-crisis confusion, when the economic model that failed in 2008 was finally recognized as irretrievably broken, and the start of a new phase of global capitalism, when a new approach to economic management gradually evolves?