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http://dx.doi.org/10.59704/4129a99b4b129d07 https://verfassungsblog.de/trump-and-the-folklore-of-capitalism/ Trump and the Folklore of Capitalism Scheuerman, William E. eng 2025-01-22 electronic resource text/html ddc:342 Capitalism Democratic Backsliding EU Europarecht Gewaltenteilung Rule of Law Trump Donald | 1946- | Geschäftsmann Unternehmer Politiker Verfassungsrecht democracy EU Europarecht Gewaltenteilung Trump Donald | 1946- | Geschäftsmann Unternehmer Politiker Verfassungsrecht Verfassungsblog Verfassungsblog--2366-7044 CC BY-SA 4.0 How can we make sense of the return of Donald Trump, who again convinced enough US voters of his populist bonafides? Populist authoritarianism has made inroads around the world. Only Trump’s version, however, probably brings together so much wealth and power, with super-rich business executives now at the helm. Here I tap a brilliant but neglected book, The Folklore of Capitalism (1937), by the legal scholar and New Deal trustbuster, Thurman Arnold (1891-1961), to understand this remarkable development. Folklore of Capitalism helps explain Trump’s wide appeal, despite the electorate’s disagreements with many of his policy preferences.