this post was submitted on 16 May 2025
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The reasons why the wealthy like liberalisation matters, though. The reasom the wralthy want more wealth matters.
Money is power. The wealthy are competing to have the most power. Eventually, that turns to taking control of the state. So, the wealthy will back free trade and deregulation right up until they, personally, are in a position to attempt a coup. After that, regulation and trade barriers work for the particular rich folk who have taken control over the state.
I don’t think history agrees with what you are saying. From what patterns I notice , dictators rise because they become popular with the masses thanks to the exploitation of grievances both real and perceived, and only when it seems inevitable that they will wrest power from the established order do capitalists align with themselves with the fascists in order to protect their interests and their own heads. The wealthy tend to be one of the first targets for any dictator, as they are the ones who have the means to unravel their power.