Will Trump go so far as to repeal NAFTA? If he did so he would render a great service to the peoples of Mexico and Canada by freeing them from their status as impotent vassals and encouraging them to engage in new directions based on the autonomy of their popular-sovereign projects. Unfortunately, it is unlikely that the vast majority of Republican and Democratic representatives in the House and
the Senate, all of whom have demonstrated an unconditional support of the interests of the American oligarchies, will allow Trump to go that far.
These oligarchies alone manage the political systems inherited from bourgeois electoral and representative democracy, having succeeded in domesticating the right and left electoral political parties, at the price of eroding the legitimacy of the democratic practice concerned. These oligarchies alone control the propaganda apparatuses, having succeeded in reducing the directors of news
organizations including public broadcasters to the status of media clergy in their exclusive service. None of these aspects of the dictatorship of the oligarchy is challenged by the social and political movements at work in the triad, especially not in the United States.
The debate concerns only some of the problems of society in the United States (anti-feminism and racism in particular). It does not call into question the economic foundations of the system that are the root cause of the degradations of social conditions in important segments of society. The sacredness of private property, including that of monopolies, remains intact; the fact that Trump is
himself a billionaire was an asset and not an obstacle to his election.
The system in place in the countries of the historic imperialist triad (the United States, Western Europe, Japan) is based on the exercise of the absolute power of the national financial oligarchies concerned. They alone manage the whole of the national productive systems, having succeeded in reducing almost all small and medium-sized enterprises in agriculture, industry, and services to the
status of subcontractors for the exclusive benefit of financial capital.
Bernie Sanders' election campaign had given rise to much hope. By daring to introduce a socialist perspective into the debate, Sanders initiated the sound politicization of public opinion, which is no more impossible in the United States than elsewhere. We can only deplore, under these conditions, Sanders' capitulation and his rallying to the support of Clinton.