







One of the classical arguments against democracy concerns its supposed short-termism. Early-modern political thought contrasted the pitfalls of elected authority, whose timebound character was seen to invite inconstancy, instability and plunder, with the merits of indefinite rule on the model of kingship. Such reasoning has seen two revivals in recent years, first in a neo-liberal form as an argument for technocracy (see independent central banking), second in a neo-reactionary form as an argument for an all-powerful executive or ‘monarch’ (see the contemporary international far Right). This article looks at the structure of these political arguments and the work they do. Having reconstructed their historical background, it charts how the neo-monarchist turn marks a radicalisation in democracy-scepticism, guided by a patrimonial logic of authority as property ownership. The article goes on to examine the political-economic factors to which this responds, as well as the contradictions to which neo-monarchism is prone. As the article concludes, temporal arguments for authoritarian politics may be dubious in substance but merit careful observation in a context of widespread disaffection with existing institutions.
Jeremy Gilbert on Twitter / X
Really useful analysis of NR / neo-monarchism/ long-termism as authoritarian responses to the perception that democracy just can't get anything done (cos it's locked in to the short-termism of the popularity / electoral cycle). Free to read here: https://t.co/U4z0qmBReM https://t.co/NG4XIUM6O8— Jeremy Gilbert (@jemgilbert) September 21, 2026
Further Back to the Future: Neo-Royalism, the Trump Administration, and the Emerging International System
With the Liberal International Order (LIO) in decline, scholars have focused increasingly on the possible return to a Westphalian great power system marked by sovereigntist claims and balancing among states. The actions of the Trump administration, however, raise a number of significant puzzles for such accounts—the US seems willing to sign deals with traditional adversaries including Russia and China, while targeting long-standing allies like Canada and Denmark. At the same time, transactional politics often serve narrow personalist interests rather than national objectives. In short, a Westphalian lens focused on states and sovereignty may generate intellectual blinders that misreads the emerging international order. To overcome these limitations, we propose an alternative account, which we label neo-royalism. The neo-royalist order centers on an international system structured by a small group of hyper elites, which we term cliques. Such cliques seek to legitimize their authority through appeals to their exceptionalism in order to generate durable material and status hierarchies based on the extraction of financial and cultural tributes. This short paper lays out the key elements of the neo-royalist order, differentiating it from the Westphalian and Liberal International Orders, and applies its insights to better grapple with the emerging system being promoted by the United States under Donald J. Trump. For policymakers and scholars, the neo-royalist approach clarifies recent events in US foreign policy. Theoretically, the field should take contending ideas of international order seriously, and establish a research agenda beyond a backward looking view to the Westphalian moment.

Neoliberal Fascism as the Endpoint of Casino Capitalism
This article explores neoliberal fascism as a distinctive political formation within the current historical moment. In doing so, it first analyzes neoliberalism as a project that has since the 1970s destroyed all the commanding institutions of democracy while consolidating power in the hands of a financial elite. In addition, it analyzes neoliberalism as a movement, that produces and legitimates massive economic inequality and suffering, privatizes public goods, dismantles essential government agencies, and individualizes all social problems. Under such circumstances, neoliberalism creates the conditions for right wing extremists to mobilize the anger of white disenfranchised working class populations by both appealing to the economic injustices they experience while simultaneously blaming and directing their frustrations towards non-white minority groups such as immigrants, blacks, and Muslims. It is precisely this merging of the social, political, and economic hardships produced by neoliberal capitalism and its appropriation of the discourse of white supremacy to divert attention from its worst excesses and failures that a neoliberal fascism is produced. Â More specifically, I argue that in the face of 40 years of neoliberalism with its production of massive inequality, a frontal attack on the welfare state, and the erosion of civic institutions and culture, there has been a resurgence of fascist discourses and a populist fascist political movement. Neoliberal fascism represents the conjoining of the most extreme elements of casino capitalism with the discourses of racial cleansing, and white nationalism. The article concludes by examining how atomization, fear, and anxiety have become the breeding grounds of fascism and what it means to revive education as a central tenet of politics so as to address the task of not simply resisting oppressive economic structures, but also what it means to engage in the massive challenge of changing individual and collective consciousness as a precondition for collective struggle and the building of new social movements. Author Biography Henry Giroux, McMaster University Chair for Scholarship in the Public Interest The Paulo Freire Distinguished Scholar in Critical Pedagogy
Geeks for Monarchy: The Rise of the Neoreactionaries | TechCrunch
Many of us yearn for a return to one golden age or another. But there's a community of bloggers taking the idea to an extreme: they want to turn the dial way back to the days before the French Revolution. Neoreactionaries believe that all the good stuff from the past few centuries come from technology and capitalism, and that democracy and social progress have actually done more harm than good. They propose a return to old-fashioned gender roles, social order and monarchy.

The Dispersion of Power: A Critical Realist Theory of Democracy
Abstract The Dispersion of Power is an urgent call to rethink centuries of conventional wisdom about what democracy is, why it matters, and how to make it better. Drawing from history, social science, psychology, and critical theory, it explains why elections do not and cannot realize the classic ideal of popular rule, and why prevailing strategies of democratic reform often make things worse. Instead, Bagg argues, we should see democracy as a way of protecting public power from capture—an alternative vision that is at once more realistic and more inspiring. Despite their many shortcomings, real-world elections do prevent the most extreme forms of tyranny, and are therefore indispensable. In dealing with the vast inequalities that remain, however, we cannot rely on standard solutions such as electoral reform, direct democracy, deliberation, and participatory governance. Instead, Bagg shows, protecting and enriching democracy requires addressing underlying inequalities of power directly. In part, this entails substantive policies attacking the advantages of wealthy elites. Even more crucially, deepening democracy requires the organization of oppositional, countervailing power among ordinary people. Neither task is easy, but historical precedents exist in both cases—and if democracy is to survive contemporary crises, leaders and citizens alike must find ways to revive and reinvent these essential democratic practices for the twenty-first century.

Myopic memory: Capitalism's new continuity in the age of AI
This article is a commentary on the relationship between artificial intelligence (AI), capitalism, and memory. The political policies of neoliberalism have reduced the capacity of individuals and groups to reflect on and change the social world, meanwhile applications of AI and algorithmic technologies, rooted in the profit-seeking objectives of global capitalism, deepen this deficit. In these conditions, memory in individuals and across society is at risk of becoming myopic. In this article, I develop the concept of myopic memory with two core claims. Firstly, I argue that AI is a technological development that cannot be divorced from the capitalist conditions from which it comes from and is implemented in service of. To this end, I reveal capitalism and colonialism's historical and contemporary use of surveillance as a way to control the populations it oppresses, imagining their pasts to determine their futures, disempowering them in the process. My second core claim emphasises that this process of disempowerment is undergoing an acute realisation four decades into the period of neoliberalism. Neoliberal policies have restructured society on the basis of being an individual consumer, leaving little time, space, and institutional capacity for citizens to reflect on their impact or challenge their dominance. As a result, with the growing role of AI and algorithmic technologies in shaping our engagement with society along similar lines of individualism, it is my conclusion that the scope of memory is being reduced and constrained within the prism of capitalism, reducing its potential, and rendering it myopic.

(PDF) Authoritarian Neoliberalism from Below: Subjectivity and Platform Capitalism in Argentina and Brazil
PDF | We are witnessing a worldwide resurgence of reactionary ideologies and movements, combined with an escalating assault on democratic institutions... | Find, read and cite all the research you need on ResearchGate

En est-ce fini du (néo)libéralisme ?
Histoire mondiale et grands enjeux de notre temps
Hyperpolitics: Extreme Politicization without Political Consequences
POLITICS AFTER THE END OF THE END OF HISTORYWhat happens when politics is everywhere, yet nothing seems to change? From the abandoned dance floors of Thatcher’s London to the mass mobilizations of Black Lives Matter, Anton Jäger traces how public life has become infused with protest, spectacle, and moral urgency — while the old infrastructure of parties, unions, and civic solidarity has been hollowed out.Hyperpolitics revisits the illusions of the “end of history” and dissects the strange energies that replaced them: viral outrage, endless culture wars, and the digital rush of causes that flare and vanish overnight. Jäger shows how the promises of post–Cold War liberalism gave way to a restless, unsteady public sphere where private passions overflow into politics but rarely build enduring power.Ranging from Guy Debord and Wolfgang Tillmans to Houellebecq’s disenchanted fictions, Hyperpolitics makes sense of a world in which collective action remains fragmented and the social fabric thinner than ever. For anyone trying to grasp why our age feels so charged yet so inconsequential, this book offers a vital map through the new contradictions of our hyperpolitical moment.
Three views on economic power
We investigate the concept of economic power in the three main paradigms of economic thinking in the 20th century: neoclassical, marxist and institutionalist. We propose a reconstruction, based on a new taxonomy, of the various forms of power conceptualized by each of them. In particular, we claim that the neoclassical paradigm contains a consistent although often implicit theory of power. We then show that many controversies between these paradigms were debates on power and that some shifts in mainstream economics in the 1970s and 1980s are a reaction to the criticisms leveled against the neoclassical conceptualization of power.
New Latin American Perspectives on the History of Neoliberalism — History & Political Economy Project
A roundtable discussion with César Castillo-García, Matilde Ciolli, and José Antonio Galindo Domínguez

The Liberalism to Fascism Pipeline (Neoliberalism Explained)
Mercantilisme et capitalisme de la finitude : aux origines de l’Empire Trump | Le Grand Continent
Les seigneurs de la Silicon Valley s'installent dans l'État américain : un nouveau pouvoir disrupte le libéralisme et la démocratie. Vivons-nous un moment inédit ? Il y a quatre cents ans, une start-up de la City – la Compagnie des Indes – se lançait déjà dans une entreprise de conquête mondiale similaire. Pour expliquer Trump et Musk, Arnaud Orain renoue avec les fils de cette histoire, en forgeant un concept : le capitalisme de la finitude.

The Eternal Mystery Of A Rich Man's Politics | Defector
If your politics is just about Opposing Authority, for instance, with no regard for or sense of the structural and material realities of actual power, then remaining true to those politics is just a matter of propping up new authority figures to rage against.

For all talk about how tech fascists want to "destroy democracy", people don't have a concrete idea of what comes after, i.e. "neo-feudalism" "monarchy" "patchworks", "fiefdoms", etc Very simple:
For all talk about how tech fascists want to "destroy democracy", people don't have a concrete idea of what comes after, i.e. "neo-feudalism" "monarchy" "patchworks", "fiefdoms", etc Very simple:— shanley (@shanley) August 5, 2026
It can also be argued that authoritarianism is just politically superior at administering a political economy of broken promises and stagnating or falling standards of living. hup.harvard.edu/books/9780674976788
The Triumph of Broken Promises — Harvard University Press
www.hup.harvard.edu