This video is over a year old, but it’s a good description of the neoliberal vs. populist division that is growing on the US right, just like there is a growing division between neoliberals and social democrats on the US left. The consequences of the Reagan-Bush-Clinton-Bush-Obama neoliberal paradigm are now obvious enough and have been since at least 2008, which is why populist-reformist movements have developed since then, e.g. Tea Party, Occupy, Sandernistas, Trumpians, AOC’s social democracy, Carlson’s “national conservatism,” etc. Regrettably, none of these movements have been able to get past the fixation on electoralism, reformism, statism, the capitalism/socialism false dichotomy, and culture war tribalism.
Some commentators, like the folks at Rising, keep calling for a realignment pitting left/right populists against left/right neoliberals, but that ain’t happening. Too much cultural tribal conflict is in the way. Instead, as the Democratic neoliberals and Republican neoliberals continue to try to out-scumbag each other, and left/right populists continue to fail, more extreme movements from the left and right will likely develop (for which creepy groups like the Antifa and Proud Boys are prototypes). I don’t think it will become a Weimar-like scenario with the liberal-capitalist center being threatened with outright communism from the left and fascism from the right. It will probably be more like Latin America or South Asia where the entrenched oligarchy holds its position against the impoverished masses, with left and right extremists engaging in terrorism on the margins. In other words, the US is becoming less of a modern post-scarcity middle-class oriented bourgeois society (as Sanders and Carlson are constantly lamenting), and more of a traditional society with a traditional class hierarchy in terms of wealth distribution. The good news is that it will largely be the end of the US international empire in the long run as multipolarity continues to develop.