I’ll go one further, I reject the entire framing. It’s the Trumpist framing where Europe wasn’t pulling its weight because its military investment in dollars was too low.
The change Europe needs to make isn’t just about investment (although there is that), and certainly not about investment at the expense of lower standards elsewhere. The change is the decoupling from a major ally in all sorts of areas to secure some semblance of an independent strategic position.
The problem is that process isn’t finished. Orban is blocking European cohesion more than Trump is. Romania is about to join that club. Germany isn’t looking great going forward. I’d put money on the UK effing it up before they do, though. How does a liberal European alliance come together under fire from external pressure and internal fifth columnists? This isn’t a cold war of blocs. At least not yet.
We have bigger questions to answer than whether we should have spent more money on tanks, unfortunately. Should definitely be spending more money on tanks, though.
Billionaires were quite shy about being right wing political activists in an environment where fascist activism was bad for business.
But when Thiel, Murdoch and their cronies went ahead and not only didn’t get dinged for their crap but became more powerful because of it that became not just easier, but their default stance.
The neofascist movement didn’t start with billionaires. It didn’t even start with Steve Bannon rotting away at Breitbart. It started in 4chan and crappy websites and extremist online groups deploying relatively subtle examples of what we now recognize as culture wars and then the far-right media learning that lesson and leveraging it to take control of right wing politics.
Nobody in the left deployed those tools anywhere near that successfully at the time, and they still don’t. And now there are fewer billionaires willing to bankroll them as a PR move, so it’s harder.