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“Trump’s speech, replete with vows of a global crusade against “communism and socialism,” reflected growing fears within the US ruling oligarchy—not of the insipid politics of the likes of Bernie Sanders or Alexandria Ocasio-Cortez—but rather of a dangerous challenge from below to their power and wealth. This ruling layer is rattled by a steady growth of strikes, including those breaking out in opposition to the existing unions, as well a widespread radicalization of both workers and youth. Recent polls have increasingly expressed the preference of the younger generation for socialism over capitalism. This fear among America’s billionaires and multimillionaires provides a core constituency for the fascistic agenda being promulgated by Donald Trump.”