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As Trumpism and other authoritarianisms become powerful, their liberal critics engage in a kind of moral blackmail based on a spurious history: “Are you against the ‘liberal order’ which guaranteed peace and stability, and other wonderful things for so long?” The obvious answer is that your much-cherished liberal order was the incubator for Trumpism and other authoritarianisms. It made human beings subordinate to the market, replacing social bonds with market relations and sanctifying greed. It propagated an ethos of individual autonomy and personal responsibility, while the exigencies of the market made it impossible for people to save and plan for the future. It burdened people with chronic debt and turned them into gamblers in the stock market. Liberal capitalism was supposed to foster a universal middle class and encourage bourgeois values of sobriety and prudence and democratic virtues of accountability. It achieved the opposite: the creation of a precariat with no clear long-term prospects, dangerously vulnerable to demagogues promising them the moon. Uncontrolled liberalism, in other words, prepares the grounds for its own demise.

https://lareviewofbooks.org/article/the-liberal-order-is-the-incubator-for-authoritarianism-a-conversation-with-pankaj-mishra/
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