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33:49Now PlayingOn this episode of Voternomics, historian Anne Applebaum explains why the Republican nominee might be open to deals with the world’s autocrats.
A network of dictators from China to Venezuela could be the beneficiaries of a welcoming White House should Donald Trump win the US election come November. That’s according to journalist and historian Anne Applebaum, who warns that the self-proclaimed dealmaker and convicted felon’s foreign policy may be more personal and even less predictable in a second term. Applebaum joins Voternomics host Stephanie Flanders to discuss her latest book Autocracy, Inc: The Dictators Who Want to Run The World.
“What Trump has in common with the autocratic world is his transactionalism,” Applebaum says, discussing recent instances of cooperation between ideologically distinct states. From theocratic Iran to Bolivarian socialist Venezuela, and nationalist Russia to communist China, all are aligned by their rejection of Western democracy. “These are regimes not knit together by ideology or values of any kind. Instead, they do deals with one another,” she says. “And this is how Trump thinks.”
Applebaum warns that the Republican’s foreign policy would be motivated by personal gain rather than the US economy—as well as unpredictable and unchallenged by those around him. Not least of whom is Trump’s running mate JD Vance, whose policies Applebaum says may be largely rooted in the interests of the businessmen backing him, including Elon Musk and David Sacks.
“This might be good for people who are on the inside, and it might be really bad for everyone else,” she warns. “I am actually surprised by the degree to which the US business community hasn't fully recognized this.”
Listen to more Voternomics
Stephanie is back with a new podcast series.
This is the year of elections. Around 40 percent of the world has the chance to vote in 2024. And those votes will shape the geo-economic landscape for years to come.
The implications for business and democracy are huge and worth exploring, which is why Stephanie is joining Opinion columnist Adrian Wooldridge and Bloomberg contributor and former government advisor Allegra Stratton for a new series called “Voternomics.”
It’s a weekly look at the way geopolitics - and elections - are upending the longstanding assumptions of policymakers and business people around the world. In short, it’s a series about how elections mean business.
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