It Didn’t Start With Trump…or Libertarians – Reason
When the Clock Broke: Con Men, Conspiracists, and How America Cracked Up in the Early 1990s, by John Ganz, Farrar, Straus and Giroux, 432 pages, $30
When the Clock Broke, by the progressive essayist John Ganz, is a solidly educational and entertaining work of political history. While Ganz winningly doesn't bash you over the head page by page with the larger point he's trying to make, the stories he chooses to tell about the early 1990s are meant to hit home how elements of American political, cultural, economic, and ideological life back then laid the groundwork for Donald Trump's "Make America Great Again" (MAGA) movement today.
His title derives from an obscure 1992 speech by a figure most progressive readers have likely never heard of: the libertarian-movement founding father and gadfly Murray Rothbard, an economist who also explored political philosophy and history as he built a case for a totally stateless society.
Most libertarians' amour-propre might be wounded seeing their movement fingered as having meaningfully paved the way for Trumpism. But in May, the management of the Libertarian Party, dominated by a caucus that sees itself in the Rothbardian tradition, invited former President Donald Trump to speak at their presidential nominating convention, where he tried to make the case that their votes rightfully belonged to him. Whether or not it makes philosophical sense, there is something to Ganz's attempts to link anarcho-capitalist Rothbard with big-state caudillo Trump.
MAGA does at times seem to wear the mantle of smash-the-state anarchism in its rage against the modern progressive state, though Trump's regime managed a state pretty much as big and intrusive as its predecessors' (except for some tax and regulation reductions that were GOP orthodoxy long before Trump). And the Rothbardians' state-hatred can make any punctiliousness about the institutions of democracy and peaceful change of power that Trump threatened seem besides the point: If the state is pure rapine and murder, who can get too upset about whether or not power is exchanged politely?
Since most of this book about the tumult of the early 1990s has nothing to do with Rothbard or libertarianism, readers may wonder why they are hearing quite so much about things like what that eccentric economist in Las Vegas thought about Woody Allen's love life, or why his statement underlies the book's title. Ganz's choice here seems to imply that the clock-breaking Rothbard advocated actually happened.
What Rothbard called forin a talk to the John Randolph Club, a mixed gathering of libertarians and reactionarieswas to "break the clock" of "social democracyGreat Societywelfare stateand New Deal." That clock-breaking obviously did not happen. The best one can say for such a thesis is that Rothbard in the last few years of his lifeafter his "paleo" turn led him to reject most of the libertarian movement and ally himself instead with Pat Buchananstyle conservativesbegan dreaming of a Trumpian-styled right-populist champion on the horizon, one who would aggressively and with no politesse punch left-liberalism in the metaphorical nose. But When Obscure Agitators Who Wanted To Break the Clock Sounded Political Notes That Trump Later Magnified and Succeeded With isn't as catchy a title.
Rothbard and the paleos did accurately foresee something looming in American political culture that the libertarian comrades he left behind did not: that political success could be had by linking rhetorical anti-statism (about some things at least) with a gleefully rude appeal to white resentment.
More Trumpy than Rothbard were the other major characters in Ganz's narrative. Certainly, Buchanan's 1992 presidential campaign, detailed here at length, was a dry run for Trump, as were Buchanan's later books obsessed with defending the white European character of America by putting the brakes on immigrationthough Buchanan was more conventionally educated in politics and economics than Trump is.
Another obscure writer whose story Ganz tells, Samuel Francis, presaged Trump in an almost eerily on-the-nose manner. Francis' columns in The Washington Times and Chronicles advocated an American right that was more open to bully-boy violence and even terror, more obsessed with closed borders, more furious at cultural elites, and more willing to use the government as a nationalist tool to prop up a white working-class constituency, reverse progressive cultural change, and tame "woke" corporations (long before that term was in use, of course).
Underlying Ganz's story is a narrative also believed by his ideological enemies on the nationalist right: that Reagan-era deregulation, deindustrialization, tax cuts, loosening of trade restrictions, and union-busting annihilated any chance for America's former middle classes to thrive, drove them insane, and led them to Trump.
But most evidence indicates that Trump voters are driven more by cultural insecurities and resentments than by economic ones. Besides, Ganz's story of American economic life in its focus only on decline is misleading and overly pessimistic. His book gives the impression that from the early 1990s to Trump's rise, an unrelenting economic disaster settled over the American working man. In fact, from 1992 to 2016 per capita gross domestic product more than doubled, as did median personal income; the median hourly wage nearly doubled; and while the homeownership rate declined, it did so by less than 1 percent (and was by 2023 nearly 2 percent above the 1992 rate). In that quarter century, more of the middle class disappeared into upper classes than tumbled into eternal penury, with the percentage of Americans in the lower middle class or poor shrinking by around 8 percent and the percentage in the upper middle class or rich going up by around 10 percent.
This is not to deny that there were individual voters who fell on the bad end of economic change or had other reasons to feel aggrieved. But it does blunt the idea that economic devastation explains Trump.
The bulk of Ganz's book tells the early-1990s stories of Jesse Jackson, Rush Limbaugh, Ross Perot, Bill Clinton, Daryl Gates, Randy Weaver, and John Gotti, drawing more or less convincing or interesting parallels between their activities then and Trumpian modernity. The Jackson chapter, with its focus on Bill Clinton's "Sister Souljah" moment, reminds us that in a pre-woke age even a liberal Democrat could sound tough on racial politics in a way that reads as MAGA now. The Limbaugh chapter highlights one clear aspect of Trump's appeal, as the paladin defending middle Americans who feel disrespected and mocked by those who control their culture and government. (Trump, Ganz demonstrates, is a walking embodiment of early-'90s right-wing talk radio.) The Gates chapter reminds us that in an era of far more prevalent crime than the one Trump portrayed as "American carnage," worries about street crime didn't necessarily have a racial valence, as even many black citizens and leaders wanted tougher policing. (Not that this was the point Ganz was trying to make.)
The Perot chapter shows that many Americans (though not nearly an electoral majority) were already in the early 1990s hungry for a non-status-quo strongman and didn't care exactly how that would play out in policy terms. And the Gotti chapter, at the book's end, is intended to make the reader think of Trump as more organized crime figure than politician, wrapping up the narrative with a small frisson of fear about what might await America next year.
The 1990s are a fresh area for Ganz to make his writerly mark. But if you read Rick Perlstein's work on the American right in the 1970s (an obvious influence on Ganz in both style and intent, though Ganz can't quite pull off Perlstein's effortlessly delightful readability), you'll see there was nothing uniquely germinal in the '90s for the Trump movement. It was a longer time coming.
Racial and ethnic resentment, revolutionary activity on the part of a tiny margin (with a larger audience of fascinated admirers), a conservative America that feels mocked and disrespected by an elite class, fear of clandestine government agencies, worries about the working class losing economic ground: They were not new in the Trump era, nor did they begin in the '90s. They are persistent parts of the modern American experience.
While Ganz wants to blame free markets for destroying widespread American prosperity, as always, the path to consistently creating wealth (and eventually spreading it more evenly) lies in halting government practices that have slowed down wage growth and productivity, particularly barriers to practicing professions and creating businesses and building living spaces. As always, the most state-encrusted parts of the economy, such as health care and higher education, are the most sclerotic and expensive.
As Ganz makes clear, the fascist-adjacent philosophers that his villain Francis doted on, the likes of Georges Sorel and Vilfredo Pareto, tended to analyze all social issues and crises in terms of who has power and who they wield it against. This is the mindset that leads tribalists such as Francis to try to make the American right a more explicitly race-based operation, as well as one eager to use state power to crush its cultural enemies. In a multiracial, multiethnic republicsomething that America will continue to be no matter how many immigration restrictions the right tries to imposethat's bad for peace and prosperity.
Ganz launches his book with the political saga of David Duke, the former Ku Klux Klan leader who became a Louisiana state legislator from 1989 to 1992, a story that hits home how much the author centers racial conflict in the modern American story. Trump is certainly more circumspect on race issues than Duke. But to the extent that he and his epigones make politics more race-conscious, the worse things will get for America. The same goes for race-conscious Democrats.
Despite Rothbard's embrace of right-wing populism in his declining years, the libertarian project he did so much to further for most of his careerthe project of limiting and decentralizing power rather than frantically striving to use it against your perceived enemiesis all the more vital for civic peace and prosperity in the Trump and post-Trump eras.
See the original post here:
It Didn't Start With Trump...or Libertarians - Reason
- In Unanimous Resolution, Libertarian Party of Wisconsin Calls for the Abolition of ICE - urbanmilwaukee.com - January 26th, 2026 [January 26th, 2026]
- Libertarian Leanings: The rupture is a necessary part of the transition - havasunews.com - January 26th, 2026 [January 26th, 2026]
- Libertarian Party of Wisconsin: In unanimous resolution, Libertarian Party of Wisconsin calls for the abolition of ICE - wispolitics.com - January 24th, 2026 [January 24th, 2026]
- Libertarian Party of Wisconsin: Supports Sen. Rand Pauls bill to End Welfare for Non-Citizens Act, highlights need for private alternatives -... - January 24th, 2026 [January 24th, 2026]
- Libertarian Leanings: Recipe vs. Result: Does the U.S. government actually exist? - Havasu News - January 20th, 2026 [January 20th, 2026]
- Libertarian Cato Institute Condemns Trumps Insurrection Act In MN Threat - Patch - January 18th, 2026 [January 18th, 2026]
- Reading Against The State: A Libertarian Guide To Critical Discourse Analysis OpEd - Eurasia Review - January 18th, 2026 [January 18th, 2026]
- Can Libertarian Democracy Thrive in the Grip of Institutional Erosion and Politicization? - Halkweb - January 14th, 2026 [January 14th, 2026]
- Fact Check: Satirical Post Said 'Radical Libertarian NRA Members' Wielding AR-15 Rifles Were Facing Off With ICE Vehicles In Oregon -- Not Real News -... - January 11th, 2026 [January 11th, 2026]
- Tim Teagan Elevated to New Chair of Libertarian Party of Michigan - Libertarian Party of Michigan - December 16th, 2025 [December 16th, 2025]
- Belgian crypto billionaire wants to set up libertarian community in the Caribbean - belganewsagency.eu - December 16th, 2025 [December 16th, 2025]
- Second Vice-Chair to be Elected at Upcoming Convention - Libertarian Party of Michigan - December 16th, 2025 [December 16th, 2025]
- France taxes cigarettes but smokers do not drop, while libertarian Sweden has become a smokefree country: the different paths of the EU in its fight... - December 5th, 2025 [December 5th, 2025]
- Livestream: Behind the scenes with Reason's libertarian journalists - Reason Magazine - December 4th, 2025 [December 4th, 2025]
- A Legacy of Solutions The life and ideas of Leon Louw, the libertarian who helped shape SA's Constitution - Daily Maverick - December 4th, 2025 [December 4th, 2025]
- Livestream: Behind the Scenes With Reason's Libertarian Journalists - Yahoo - December 4th, 2025 [December 4th, 2025]
- COMMENTARY: Short journey from libertarian to autocrat - The Albertan - November 30th, 2025 [November 30th, 2025]
- In the Streets of Montreal: Quebecs Solidary Heart Beats with Libertarian Strength - Pressenza - International Press Agency - November 30th, 2025 [November 30th, 2025]
- Libertarian Party of Arkansas says it collected enough signatures for candidates to appear on 2026 ballot - kark.com - November 30th, 2025 [November 30th, 2025]
- Two 15-year-olds, backed by a NSW Libertarian MP, are challenging the Australian government's u16s social media ban in the High Court - Startup Daily - November 30th, 2025 [November 30th, 2025]
- Is The Washington Post Becoming Libertarian? - inkl - November 20th, 2025 [November 20th, 2025]
- Libertarian Leanings: Homebuyer horror: Attack of the 50-year mortgage! - Havasu News - November 18th, 2025 [November 18th, 2025]
- A Libertarian Goes to Washington to Regulate - Cato Institute - November 14th, 2025 [November 14th, 2025]
- Libertarian embarks on legal stoush, the ABC flogs unpaid internships, and The Age deletes a TikTok featuring - Crikey - November 14th, 2025 [November 14th, 2025]
- Liberty or Death the Life and Struggle of Libertarians in Russia - Libertarian Party - November 7th, 2025 [November 7th, 2025]
- The Irony of Mamdani - Libertarian Party - November 7th, 2025 [November 7th, 2025]
- Libertarian Backs Tucker Carlson In WAR Against The Neocon Right - TYT.com - November 7th, 2025 [November 7th, 2025]
- Individual Liberty In Libertarian And Conservative Philosophy OpEd - Eurasia Review - November 3rd, 2025 [November 3rd, 2025]
- Rep. Dave Min is my new libertarian hero for shutting down the government - Orange County Register - October 31st, 2025 [October 31st, 2025]
- Fantasy Of Clean Policy In Real India: Why The Libertarian Consensus Fails To Materialise - Swarajyamag - October 31st, 2025 [October 31st, 2025]
- Argentina's midterm election hands decisive win to Milei's libertarian overhaul - The Annapurna Express - October 31st, 2025 [October 31st, 2025]
- Argentina's midterm election hands landslide win to Milei's libertarian overhaul - CNBC - October 28th, 2025 [October 28th, 2025]
- Argentina's midterm election hands decisive win to Milei's libertarian overhaul - Reuters - October 28th, 2025 [October 28th, 2025]
- Libertarian Leanings: Instead of adding a ballroom to the White House, turn it into a museum - Havasu News - October 28th, 2025 [October 28th, 2025]
- Argentina's midterm election hands decisive win to Milei's libertarian overhaul - The Straits Times - October 28th, 2025 [October 28th, 2025]
- Argentinas midterm election hands decisive win to Mileis libertarian overhaul - sightmagazine.com.au - October 28th, 2025 [October 28th, 2025]
- Argentina heads to the polls in a test for Javier Milei's libertarian agenda - NPR - October 26th, 2025 [October 26th, 2025]
- From The New York Times Opinion Section Trump, with his thirst for money and power, has in one fell swoop both exposed and embraced the corruption at... - October 24th, 2025 [October 24th, 2025]
- A Libertarians Perspective, Transparency and Non-Partisan Control an Oped by Steven Edwards, Libertarian - 2nd Life Media Alamogordo Town News - October 23rd, 2025 [October 23rd, 2025]
- How the U.S. bailout could bring the end to Argentinas libertarian utopia - CryptoSlate - October 23rd, 2025 [October 23rd, 2025]
- Libertarian Candidates Test America's Growing Discontent With the Two-Party System - Reason Magazine - October 21st, 2025 [October 21st, 2025]
- Javier Milei's libertarian experiment is in jeopardy. Argentina's midterm elections will determine its fate. - Reason Magazine - October 19th, 2025 [October 19th, 2025]
- I listened to over 7 hours of Peter Thiel's leaked Antichrist lectures. They're surprisingly libertarian. - Reason Magazine - October 15th, 2025 [October 15th, 2025]
- Libertarian throws hat into the ring for Senator Ernsts seat - SiouxlandProud - October 9th, 2025 [October 9th, 2025]
- Libertarian throws hat into the ring for Senator Ernsts seat - Yahoo - October 9th, 2025 [October 9th, 2025]
- Argentinas libertarian President pays tribute to victims of Hamas Oct. 7 attack during a campaign-style event - Yahoo - October 9th, 2025 [October 9th, 2025]
- Rosser running for Libertarian Party in byelection - Northumberland Free Press - October 7th, 2025 [October 7th, 2025]
- Argentine lawmakers have overturned two vetoes by President Javier Milei, in a setback for the libertarian leader ahead of key legislative elections.... - October 4th, 2025 [October 4th, 2025]
- Wyoming Libertarian Party Says School Choice Doesn't Have To Be 'MAGA' - Cowboy State Daily - October 2nd, 2025 [October 2nd, 2025]
- This libertarian manifesto, loved by Peter Thiel, urges a cognitive elite to see selfishness as a virtue - The Conversation - September 30th, 2025 [September 30th, 2025]
- Laughing at a libertarian crypto dragon? That rules: Brennan Lee Mulligan on how Dungeons & Dragons took over the world | Role playing games - The... - September 30th, 2025 [September 30th, 2025]
- Trump Admin Responds to Mileis Failed Libertarian Policies With a US Taxpayer Bailout for Argentina - Common Dreams - September 25th, 2025 [September 25th, 2025]
- Civil libertarian voices concern over proposed use of police drones to catch Wagga criminals - Region Riverina - September 25th, 2025 [September 25th, 2025]
- Trumps new CDC chief: A Washington health insider with libertarian streak - The Indian Express - September 5th, 2025 [September 5th, 2025]
- Trumps new CDC chief: A Washington health insider with a libertarian streak - AP News - September 1st, 2025 [September 1st, 2025]
- Mileis libertarian dream and the risks of Karinas greed - Buenos Aires Times - September 1st, 2025 [September 1st, 2025]
- Three Michigan Libertarians Running for Local Positions in November - Libertarian Party of Michigan - September 1st, 2025 [September 1st, 2025]
- Trump's new CDC chief: A Washington health insider with a libertarian streak - yahoo.com - August 29th, 2025 [August 29th, 2025]
- Libertarian FCC Commissioner Was Believed to Be Uncomfortable with Paramount Deal: Exclusive - Yahoo Finance - August 7th, 2025 [August 7th, 2025]
- Libertarian FCC Commissioner Was Believed to Be Uncomfortable with Paramount Deal: Exclusive - yahoo.com - August 6th, 2025 [August 6th, 2025]
- Friday essay: libertarian tech titan Peter Thiel helped make JD Vance. The Republican kingmakers influence is growing - The Conversation - August 1st, 2025 [August 1st, 2025]
- Libertarian Party of Michigan Convention 2025: Smooth Leadership Transition Highlights Record Turnout - Libertarian Party of Michigan - July 28th, 2025 [July 28th, 2025]
- Presentation: A Libertarian Analysis of Law - Minding The Campus - July 27th, 2025 [July 27th, 2025]
- Peter Thiel, the libertarian billionaire waging war on government - Le Monde.fr - July 24th, 2025 [July 24th, 2025]
- Letter to the Editor: Former Libertarian Chair urges representatives to remember their oath - Brown County Democrat - July 10th, 2025 [July 10th, 2025]
- Musk Invited to Join the U.S. Libertarian Party - Binance - July 6th, 2025 [July 6th, 2025]
- LETTER TO THE EDITOR: Former Libertarian Party chair speaks on One Big, Beautiful Bill - Purdue Exponent - July 6th, 2025 [July 6th, 2025]
- Libertarian Party Invites Elon Musk to Join Them in the Realm of Political Loserdom - Gizmodo - July 4th, 2025 [July 4th, 2025]
- No Kings: Why California needs the Libertarian message more than ever - Orange County Register - July 4th, 2025 [July 4th, 2025]
- Libertarian Party courts Elon Musk amid third-party buzz: Join us, dont reinvent the wheel - Latest news from Azerbaijan - July 4th, 2025 [July 4th, 2025]
- Thomas Massie: The Maverick Congressman Shaping Libertarian Investing Ideas - Vocal - July 4th, 2025 [July 4th, 2025]
- Libertarian Party pitches Musk an alternative to creating new party: Join forces - Washington Examiner - July 4th, 2025 [July 4th, 2025]
- Elon Musk Receives Invitation To Join Libertarian Party: 'Making A New Third Party Would Be A Mistake' - Benzinga - July 4th, 2025 [July 4th, 2025]
- None is Worse Than Less: Libertarian Monetarism, Ample Reserves, and the Crypto Mirage - International Policy Digest - July 2nd, 2025 [July 2nd, 2025]
- Chip Roy Goes Nuclear on Libertarian Witness Advocating For Due Process: Killing Americans! - Mediaite - June 26th, 2025 [June 26th, 2025]
- Review: What the Hell Is a 'Libertarian Authoritarian'? - Reason Magazine - June 22nd, 2025 [June 22nd, 2025]
- Conservative and Libertarian Public Interest Group Letter Opposing "Big Beautiful Bill" Provision that Undermines Access to Justice - Reason... - June 22nd, 2025 [June 22nd, 2025]
- The paradise island where millionaires go to avoid death (and taxes): Isle for the libertarian super-rich attracts many more like Bryan Johnson - the... - June 22nd, 2025 [June 22nd, 2025]
- 'I'm More Libertarian Than You!' Rand Paul Opens Up About His Conversations With Trump, Iran War - The Daily Signal - June 20th, 2025 [June 20th, 2025]
- Heres Why ELON MUSK Should JOIN The Libertarian Party! Robby Soave | RISING - The Hill - June 10th, 2025 [June 10th, 2025]