But if capitalism and its moneyed interests are in charge, those excesses grow to the point where they are able to extinguish democracy and ride roughshod over the common good.

Hence the reason Trump’s neofascism, and the complicity of today’s Republican Party with it, are attracting the backing of some of the richest people in America.

What’s the alternative? A loud pro-democracy movement that fights against concentrated wealth at the top, enormous CEO pay packages, a politically powerful financial sector, and tax cuts for the wealthy and large corporations.

And fights for higher taxes on the top (including a wealth tax) to finance Medicare for all, affordable housing, and accessible child care and elder care.

The willingness to make this a fight — to name the moneyed interests backing neofascism, explain why they’re doing this, and mobilize and energize America against their agenda and in favor of democracy — is critical to winning the 2024 election and preserving and rebuilding American democracy.

Source: The Connection Between Neofascism and Capitalism (and Happy Birthday, Joe!) | The Smirking Chimp