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After Trump, a fairer world?

At noon on 20 January 2029, Donald Trump will no longer be president of the United States. What happens then?


“Change the government and you change the country,” said Paul Keating, Australia’s outgoing Labor prime minister, in 1996. For a medium-sized place like Australia, that’s true enough. But if you change the American president, you’re likely to change the world.

Electing George W Bush in 2000, rather than Al Gore, set the world up for the destructive but pointless war in Afghanistan and the invasion of Iraq. Where Gore would have prioritised global warming and led the world towards far better control of the climate, Bush backed fossil fuels.

The Democrat disarray and the ego of the clearly unwell and unelectable Joe Biden gave the 2024 election away. This was not a ringing endorsement of Trump; it happened because the Democrats had departed the field.

President or king?

Trump and his (former) acolyte, Steve Bannon, have often flirted with the fantasy of a third presidential term. The problem with this is Article 22 of the constitution: “No person shall be elected to the office of the President more than twice”. That article, proposed in 1947 and ratified in 1951, followed the unprecedented four election victories of Franklin Roosevelt. It was intended to prevent a quasi-imperial presidency.

Trump has often said he would love a third term; maybe (who knows?) a fourth as well. It’s a measure of the magical thinking surrounding this presidency. Changing the constitution requires the support of two-thirds majority of both houses of the congress for a constitutional convention, and then the ratification of two-thirds of the states. It’s a deliberately high bar.

Achieving such support would be near-impossible even for a popular president. Trump is not quite as unpopular as Richard Nixon was in 1974 (he had 24% approval when he resigned) but if the present trend continues, Trump will be at Nixonian levels within about 18 months.

Unfortunately for the Republicans (and, if they can capitalise on it, fortunately for the Democrats) Trump’s hold over his party remains relatively solid. Despite some cavilling by congress members in marginal districts, he still owns the party’s base; and so, he owns the party.

But the Republican MAGA base is not big enough to win a national election. Polling shows between 15% and 20% of all American adults can be regarded as MAGA supporters. And in just six weeks from the time of writing, every seat in the House and 35 of the 100 Senate seats will be up for grabs.

“Historically, the single biggest factor shaping midterm elections has always been a president’s job-approval ratings,” wrote commentator Ed Kilgore in New York magazine. “And Donald Trump’s have been in a yearlong funk punctuated by occasional slides …

“Just as consistent as Trump’s low job-approval numbers has been the nature of his current coalition of support. To a remarkable extent, he’s hanging on to self-identified MAGA-movement members and not much of anyone else.”

When Trump restarted his bombing campaign against Iran, smashing global oil trading and pushing up prices in the US, support for the Democrats in congress jumped. The most recent polling average shows Democrat support at 50% and rising, but the Republicans on 41% and sinking.

All forecasts necessarily rely on what we know at the moment. Much could happen between now and the next elections, but trends appear to be set. Unless there are remarkable new events, it’s hard to see how the Republicans in the US, the Conservatives in Britain or the Liberals in Australia could do well in the elections to come.

Voters throughout the democratic world are hungry for change. In Britain, Labour was elected with a massive majority but the uninspiring Keir Starmer squandered that support. He was incapable of undertaking the difficult but essential reform that the country had voted for. His downfall was as swift as it was inevitable.

The contrast in support between Starmer and Andy Burnham makes the point eloquently. Burnham has the appearance – and so far the reality – of a leader determined to change the country. He has promised to get closer to the European Union (and possibly to reverse the Brexit disaster), to change the unfair electoral system, take back greater public control of water and other utilities, move against slum landlords, expand the welfare state after decades of decay and rein in the explosive growth in the cost of pensions to spend that money on improved personal services, caring for people in their own homes. The last of those promises – reducing pension increases to pay for other things – is high risk. Losers always shout louder than winners.

So far, though, the agenda has been welcomed.

The raw political calculus shows how much the country wanted a leader who is prepared to do things. Burnham embodied the hope that national leadership could change people’s lives for the better and not, as has been more usual, for the worse.

But although these recent results show Labour rising and Farage’s Reform UK Party in retreat, the populist right-winger, despite being dogged by financial scandal, remains on top.

But there’s more to Nigel Farage’s apparent popularity than the polling reveals. That support looks soft: many voters, with the election still three years away, have not made considered judgements about who they will really support. Farage is so closely associated with his party – without him, it would barely exist – that his dire personal approval ratings contradict Reform’s headline result. Could someone this unpopular ever rise to high government office?

In Australia, ditto

The hard-right and populist One Nation has almost replicated the performance of Reform UK, surpassing the centre-right Liberal/National coalition. If these figures were repeated in an election, Labor would retain government with a greatly reduced majority and One Nation would become the official opposition – with all the perks and advantages that position entails.

A multi-level progression analysis by the polling firm DemosAU projects that in the 150-seat House of Representatives Labor would hold 68 seats (down 26), the Liberals and Nationals 13 (down 30), the Greens 3 (up 2), independents 6 (down 6) and One Nation 60 (up 60).

It’s unlikely that this will actually happen: MRP polls are notoriously inaccurate. But it is nevertheless a scary moment for politics in Australia. For the first time in many decades, no party would hold a majority in its own right. The Liberals would have to decide whether to enter a government with Hanson as prime minister, with a high chance, whatever it decided, of the party splitting irrevocably.

But Labor is not in the clear either. The prime minister, Anthony Albanese, should look at Starmer’s fate and consider his own. Although Albanese’s lowest approval rating is about equal to Starmer’s highest, the trend is evident.

The message from these figures is clear: voters are seriously unhappy and want their leaders to do something. Steady-as-she-goes is punished, and Albanese embodies steady-as-she goes.

A rising tide does not lift all boats

Overwhelmingly, voters elected Trump in America and Starmer in Britain because they desperately wanted change. Much of that impulse can be traced to inequalities in income and, particularly, wealth. Economies have continued to grow but not everyone benefits.

This chart is sorted according to the shares of wealth held by the poorest 10% in each nation. Among developed economies, there is relatively little difference: only in a few northern European countries does the bottom decile achieve wealth accumulation above 1,000 international dollars per person. And the further up the scale you go, the more difference there is: of all 13 countries on this list, the richest in the US, Canada, Germany and Australia corner the most wealth, leaving – by definition – less for everyone else.

The long-term trends in three countries tell a much wider, more nuanced, story. In the United States, Britain and Australia, the richest 10% today hold more than half the nation’s wealth. In Britain, that’s still a massive improvement from the extraordinary 86% the top 10% had at the end of the second world war. That egregious inequality fell sharply in the 35 postwar years of Keynesian economics and the welfare state. Then, as neoliberalism hit around 1980, that improvement stopped.

In America, the trend is less dramatic but also tells a story. Generally, the domination by the richest fell until the 1980s and then rose again.

The Australian experience shows it didn’t have to happen this way. The rich still dominated economic life but at a much lower level, with no significant change in 64 years.

The birth and death of the welfare state is dramatically illustrated in the results from Britain. The share of wealth held by the bottom half of society soared from 5% in 1950 to 13% in the 1980s before crashing back down during the Thatcher era. It has never recovered. Australia again remained flat, with no golden era. And there has never been a welfare state in America.

The failure of governments around the developed world to improve the relative position of the bottom half of society is clearly visible in all these charts. Large masses of people feel a strong sense of being left behind, with the fruits of prosperity going everywhere except to them. And they’re right to feel that way. Their view of the world is an accurate one.

But change didn’t happen

Trump in America, Starmer in Britain and Albanese in Australia were all elected with thumping majorities by voters who hoped change would be delivered. None of the three delivered. Starmer has gone, Trump is a dead weight on his own party, and Albanese’s Labor government survives because the opposition is so inept.

But, as we’ve seen above, Pauline Hanson and One Nation – in line with other populist movements in Europe and America – are (according to the polls) within reach of serious political power and, potentially, could form government.

That conclusion, though, disregards Australia’s preferential voting system. Labor, currently in government, would benefit from preferences cast by people whose primary votes go to other parties. When this is analysed (here, by the Roy Morgan polling organisation) there is little chance of a One Nation government or of Pauline Hanson becoming prime minister.

Nevertheless, serious risks are emerging for government (and for a prime minister) widely seen as uninspiring and failing to deliver life-changing reform. But there is a difference between polling results and actual votes.

In Australia, the next election is not due until May 2028. The government is currently sitting on a very large majority with many one-term members who would be unlikely to survive a new election. Labor has a strong incentive to run the clock down as far as it can.

Britain’s Labour government is in a similar situation. Britain’s five-year terms mean the next general election is not due until August 2029. Even with a popular new leader, the government could expect to lose a large number of seats, and probably its majority, if it went to the people now.

 The message is this: electorates around the democratic world are sullen, angry and in search of solutions that no government is able to provide. At the core of such pervasive discontent is an economic and social structure that has evolved over many decades to benefit a few and deprive the rest.

That structure now controls political as well economic life. It is so firmly entrenched that changing direction – however urgent that has now become – will take much more than good intentions.

Trump will soon be gone. The system we all live with will remain. The Iran war, if it lasts that long, will probably be cancelled by his successor: another failure on the dismal list of America’s lost wars. 


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