To defeat Trump, voters must understand the process that has made him possible. The overriding factor here is the gutting of the US economy by Wall Street in the context of neoliberal globalization and the offshoring of production, destroying millions of American jobs, lowering the standard of living, and featuring mass foreclosures after the Lehman Brothers subprime derivatives crisis of 2008;
The analysis therefore begins with the devastation wrought by a third of a century of economic globalization and immiseration, with 60,000 factories lost, a decline of 50% in the average standard of living, and millions of foreclosures: a new great depression spread out over three decades!