The world will become more illiberal as a result, but we must not overlook the extent to which liberalism had only become selectively embedded in world order to begin with due to its hitherto compatibility with American imperialism. Trump's election may in future be seen as a decisive break with liberalism, but the earlier turn to neoliberalism had already signalled that liberalism and American imperialism had become increasingly incompatible.
At the risk of feeding the collective hysteria that characterises public perceptions (or prejudices) of welfare spending, benefit cuts have not yet been one of the main contributors to the coalition or Conservative governments' austerity agenda.
George Osborne's budget speech was, as usual, a masterclass in combining the rhetoric of change with reality of continuity. Britain has, according to Osborne, left 'the age of irresponsibility' behind. There is very little basis for this claim. Instead, the Budget, Osborne's first without Lib Dem shackles, perpetuates his reckless stewardship of the British economy.
09/07/2015 11:35 BST
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