An interesting article. I found the premise quite plausible. Hugs
By feeding us decades of propaganda against unions and “socialism,” the American rich have broken the legs of the people, and left them to twitch helplessly as more and more indignities are heaped on them. They’ve divided us by race (Trump is not alone in this tactic, only the least subtle), they’ve convinced us to give the super-rich power because they will make us rich too. (How is that working out for you?).
There is now no mainstream political party in Western Europe that is anywhere near as far right as the GOP. The closest analogues to today’s Republican Party in Europe are the far right white supremacist parties, like Marie LePen’s National Front in France or the AfD in Germany.
It appears that a plutocracy produces fascism, since appeals to racialist superiority and playing on fears of a brown and black Other are the only things that can convince people to give up their basic human rights (like a comfortable life in retirement, which they have paid for, or the right to cast a mail in ballot during a pandemic).
These quotes are from the end of the article. There is a lot more information at the link above. I recommend reading it. Hugs